Friday, October 16, 2026

Technicals

Add as a preferred source on Google

EUR/USD 10-DMA in play after solid retails sales

EUR/USD dives, bounce seen as claim a bit higher than forecast Pair falls further from trend-line off May high & daily RSI biased down USD & UST yields lift on sales beat, DE-US spreads further in USD's favor Choppy acti…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • EUR/USD dives, bounce seen as claim a bit higher than forecast

  • Pair falls further from trend-line off May high & daily RSI biased down

  • USD & UST yields lift on sales beat, DE-US spreads further in USD's favor

  • Choppy action for now but bearish tint is emerging

  • Sub-1.1180 might see some stops hit, if so next support near 1.1115/20

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team