Friday, October 16, 2026

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EUR/USD - German yields higher in Asia - EUR positive

Slight selling in Asia after yesterday's 0.8% profit taking Bullish outside day for 10year German yields has expanded to 0.26% in Asia Close 0.256+ potential key day reversal 5, 10 & 20 daily weekly & monthly ma's trend …

By Meredith J C Warren
1 min read
EUR/USD - German yields higher in Asia - EUR positive
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  • Slight selling in Asia after yesterday's 0.8% profit taking

  • Bullish outside day for 10year German yields has expanded to 0.26% in Asia

  • Close 0.256+ potential key day reversal

  • 5, 10 & 20 daily weekly & monthly ma's trend south - bearish setup

  • Initial support/resistance is NY 1.0589/1.0684 range

 

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