Chat

EURUSD News

(0 votes)


Last Updated Date: 9 May 2022 @ 6:39 AM (UTC)
*Please note that all the dates are in GMT time zone

The Euro market continues its weakness as it is short/medium term bearish and Friday’s weakness and break leave trade poised for follow through selloffs, suggesting a wash towards the 1.0482, when broken 1.0423 December 2016 Low. Only a close over 1.0611 (SAR) stops the downturn and signals for a short term retracement phase.

Resistance 2      1.0588
Resistance 1      1.0564
 
Support 1           1.0511
Support 2           1.0481


 
Chart

EURUSD Live Price


sell
buy
Daily price range:
Low
High


Previous
Next
back to top

  Facebook Instagram Twitter LinkedIn YouTube
 
*Trading Forex and CFD's is Risky

FxGrow is a brand name of Growell Capital, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with (CIF) license no. 214/13.
RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.