EUR/USD Price Analysis: Extra gains likely above 1.0430

EUR/USD fails to extend the recovery beyond 1.0400.
The 9-month resistance line still caps the upside.

EUR/USD alternates gains with losses in the low-1.0300s following another failed attempt to retake the 1.0400 barrier earlier on Tuesday.

So far, the 9-month resistance line, today around 1.0430, continues to cap occasional bullish attempts.

A sustained breakout of this region is needed to allow for the continuation of the uptrend to, initially, 1.0481 (November 15) ahead of 1.0496 (November 28).

EUR/USD daily chart

Nov 29, 2022

USD Index Price Analysis: The 200-day SMA holds the downside so far

DXY reverses the initial downside and looks to extend the move further north of the 106.00 mark on Tuesday. In case the recovery becomes more serious,

Baca selengkapnya Previous

Nov 29, 2022

EUR/CAD to extend its race higher toward 1.44 – Scotiabank

EUR/CAD has regained the 1.40 handle for the first time since March. Solid trend points to more gains, economists at Scotiabank report. Key support se

Baca selengkapnya Next