Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

EUR/USD recent daily candles see dojis form above 10-DMA

EUR/USD long-term outlook bearish, bear pennant on monthly chart & spreads favor USD Pennant break implies new bear leg underway & new long-term lows to then be set Recent daily candles see dojis form above 10-DMA, sugge…

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

Read the original article

  • EUR/USD long-term outlook bearish, bear pennant on monthly chart & spreads favor USD

  • Pennant break implies new bear leg underway & new long-term lows to then be set

  • Recent daily candles see dojis form above 10-DMA, suggests indecision

  • Market reticent to push too far as Greek situation remains in doubt 

  • Negative Greek outcome likely sees knee jerk dive & pennant complete

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