Friday, October 16, 2026

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EUR/USD supported by rising hourly cloud & pivot point

Pair supported by rising hourly Ichimoku cloud and intraday pullbacks Cloud top seen at 1.0930 levels. Pair is sustaining outside pattern since early Monday Traders looking to place bid here for run at 1.1062 post FOMC h…

By Earlence Fernandes
1 min read
EUR/USD supported by rising hourly cloud & pivot point
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  • Pair supported by rising hourly Ichimoku cloud and intraday pullbacks

  • Cloud top seen at 1.0930 levels. Pair is sustaining outside pattern since early Monday

  • Traders looking to place bid here for run at 1.1062 post FOMC high

  • Beyond targets 1.1123 which is 61.8% of the 1.1534 - 1.0457 fall

  • 1.0948 pivot point also lends support, efforts below unsuccessful to last

 

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By FxWirePro Team