Friday, October 16, 2026

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EUR/USD trying to maintain a recovery from 1.0803 Tuesday’s low, risk to 1.0900-10

Offers touted 1.0870-80 area, stops above 1.0890 and 1.0910 200HMA at 1.0860 and 30HMA poised to cross below Hourly cloud twist above at 1.0950-53 but Stochastic looking toppy 21DMA at 1.0790 and daily trend res. at 1.10…

By Earlence Fernandes
1 min read
EUR/USD trying to maintain a recovery from 1.0803 Tuesday’s low, risk to 1.0900-10
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  • Offers touted 1.0870-80 area, stops above 1.0890 and 1.0910

  • 200HMA at 1.0860 and 30HMA poised to cross below

  • Hourly cloud twist above at 1.0950-53 but Stochastic looking toppy

  • 21DMA at 1.0790 and daily trend res. at 1.1015, off Feb 19 1.1450 high

 

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