Thursday, October 15, 2026

Technicals

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EUR/USD opens tad lower, as consolidation below 1.1043 200 DMA extends

Market focus on ECB and expects expanding QE & deposit rate cut Neutral momentum studies, 5, 10 & 20 DMAs conflict - suggests consolidation 1.0950 1BLN, 1.0990-1.1000 1BLN & 1.1040-50 940M strikes a magnet/contain NY - R…

By FxWire Pro
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  • Market focus on ECB and expects expanding QE & deposit rate cut
  • Neutral momentum studies, 5, 10 & 20 DMAs conflict - suggests consolidation 1.0950 
  • 1BLN, 1.0990-1.1000 1BLN & 1.1040-50 940M strikes a magnet/contain NY - Reuters
  • 1.0946/1.1035 is initial support/resistance 

 

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By FxWirePro Team