SECURITY: White House Press Conference Underway Shortly

Mar-04 18:01

White House Press Secretary Karoline Leavitt is shortly due to provide her first press conference si...

Historical bullets

EURUSD TECHS: Pierces 20-Day EMA

Feb-02 18:00
  • RES 4: 1.2081 High Jan 27 and key resistance   
  • RES 3: 1.2045 High Jan 28  
  • RES 2: 1.1975 High Jan 30 
  • RES 1: 1.1896 Low Jan 28
  • PRICE: 1.1794 @ 16:03 GMT Feb 2
  • SUP 1: 1.1793 20-day EMA
  • SUP 2: 1.1790 Intraday low 
  • SUP 3: 1.1729 50-day EMA
  • SUP 4: 1.1670 Low Jan 22  

The sharp reversal in EURUSD from last week’s high confirms the start of a corrective cycle. This highlights an unwinding of a recent extreme overbought reading in the trend, particularly with the piercing of the 1.1793 20-day EMA. Support at the 50-day EMA lies at 1.1729. A breach of the 50-day average would suggest scope for a deeper retracement. Initial firm resistance is at 1.1975, the Jan 30 high.

MNI EXCLUSIVE: Canadian Minister On Trade Outlook, US Relations

Feb-02 17:59

MNI interviews Canada's fisheries minister on trade outlook, US relations   -- On MNI Policy MainWire now, for more details please contact sales@marketnews.com
 

MNI EXCLUSIVE: MNI Interviews Ex-Philadelphia Fed Officer and Economic Adviser

Feb-02 17:59
  • MNI interviews ex-Philadelphia Fed officer and economic adviser Luke Tilley -- On MNI Policy MainWire now, for more details please contact sales@marketnews.com