Thursday, October 15, 2026

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EUR/USD sees strong downtrend into ECB

Asia consolidated offshore 0.9% fall in a tight range ahead of ECB ECB expected to raise growth forecasts & give QE details Technicals very bearish - 5, 10 & 20 daily, weekly & monthly ma's trend south

By Meredith J C Warren
1 min read
EUR/USD sees strong downtrend into ECB
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  • Asia consolidated offshore 0.9% fall in a tight range ahead of ECB

  • ECB expected to raise growth forecasts & give QE details

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

 

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