Thursday, October 15, 2026

Technicals

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EURUSD is supported above 38.2% Fibonacci Retracement

The euro currency started the new week on a soft note European leaders continued to mount pressure on Greece to make severe spending and taxation changes immediately in exchange for further bailout funds Asian markets be…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • The euro currency started the new week on a soft note

  • European leaders continued to mount pressure on Greece to make severe spending and taxation changes immediately in exchange for further bailout funds

  • Asian markets began the week on an upbeat note, with investors brushing off fears that Greece may be days away from financial ruin

  • Pair is currently trading at $1.1138 levels

  • Market eye 23.6% Fibonacci Retracement level at $1.1225

 

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By FxWirePro Team