Friday, October 16, 2026

Technicals

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EUR/USD, EUR complex muted regardless of weak USD elsewhere

EUR/USD subdued in Asia, slid downwards from early 1.0883 Sydney high to 1.0784. EUR/JPY saw heavy sales post-Tokyo open, moves from 130.39 to 129.51. EUR/USD bounces off lows but hardly sustaining above 1.0800. Bids sti…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/USD subdued in Asia, slid downwards from early 1.0883 Sydney high to 1.0784.

  • EUR/JPY saw heavy sales post-Tokyo open, moves from 130.39 to 129.51.

  • EUR/USD bounces off lows but hardly sustaining above 1.0800.

  • Bids still to Asia low but capped by trader stops sub-1.0780, 1.0850 option expiry.  

 

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By FxWirePro Team