• EURUSD reversed from resistance level 1.1370
• Likely to fall to support level 1.12
EURUSD currency pair recently reversed down from the pivotal resistance level 1.1370 (which has been steadily reversing the price from the middle of November).
The resistance zone near the resistance level 1.1370 was strengthened by the upper daily Bollinger Band, 50-day moving average and by the 50% Fibonacci correction of the previous downward impulse from the start of November.
Given the overriding daily downtrend – EURUSD currency pair can be expected to fall further toward the next support level 1.12 (previous monthly low from November).
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…
Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…
This website uses cookies