| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook

GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80

FxWirePro:GBP/NZD recovers ground after early dip, bias bullish

FxWirePro: USD/ZAR bears maintain upper hand

FxWirePro- Major Crypto levels and bias summary

FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut

FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains

AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70

FxWirePro- Major Pair levels and bias summary

FxWirePro: USD/CAD recovers slightly but trend is still bearish

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro- Major Pair levels and bias summary

FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike

FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision

FxWirePro: EUR/AUD trends higher, but faces potential pitfalls

©Econometrics LLC . All Rights Reserved.

FxWirePro:EUR/USD faces strong support at 1.03400, good to sell on rallies

Wednesday, January 4, 2017 10:02 AM UTC

Major resistance – 1.0504 (21- day EMA).
Major support – 1.03400
EURUSD recovers once gain from the low of 1.03407 and broken the 1.04000 handle. It is currently trading around 1.04430.
The pair should break above 1.0504 for further jump till 1.05600/1.0600.Minor trend reversal only above 1.06700.
On the lower side, any break below 1.03800 will drag the pair down till 1.03400/1.02600/1.0150 (161.8% retracement of 1.03522 and 1.06530).

It is good to sell on rallies around 1.05000 with SL around 1.05600 for the TP of 1.03500

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Grayscale's Bold Call: Bitcoin to Smash All-Time Highs in First Half 2026

Key Crypto Updates

Trump Expands U.S. Travel Ban to Antigua and Barbuda, Dominica, Sparking Economic Fears in the Caribbean

Tom Lee's BitMine Scoops $140M ETH on Dip, Treasury Swells to Over 3.2% of Supply

FxWirePro- Major Crypto levels and bias summary

FxWirePro- Top Trending Coins (CoinGecko)

GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro:EUR/USD faces strong support at 1.03400, good to sell on rallies

Editor's Picks

Welcome to EconoTimes