Thursday, October 15, 2026

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EUR/USD 55 DMA close, cloud top above

Regains the 21 HMA and tests close to the 55 DMA at 1.0931 Daily cloud top is at 1.0954, while below will continue to sell strength Close under 55 DMA/61.8% Fibonacci (1.0882) yesterday which are bearish signs Initial do…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Regains the 21 HMA and tests close to the 55 DMA at 1.0931

  • Daily cloud top is at 1.0954, while below will continue to sell strength

  • Close under 55 DMA/61.8% Fibonacci (1.0882) yesterday which are bearish signs

  • Initial downside target is the cloud base at 1.0738

 

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