We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Mixed
Oil - US Crude
Bullish
Wall Street
Mixed
Gold
Mixed
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bearish
More View more
Real Time News
  • Market snapshot: #GBP modestly down against major counterparts
  • Heads Up:🇳🇿 NZD ANZ Activity Outlook (MAR) due at 00:00 GMT (15min), Actual: N/A Expected: N/A Previous: 12 https://www.dailyfx.com/economic-calendar#2020-03-31
  • The monthly candles come out tomorrow. It's going to be pretty crazy
  • US President Donald Trump spoke with Italian PM Giuseppe Conte about efforts to combat #coronavirus - BBG
  • Heads Up:🇯🇵 JPY Industrial Production (YoY) (FEB P) due at 23:50 GMT (15min), Actual: N/A Expected: -4.9% Previous: -2.3% https://www.dailyfx.com/economic-calendar#2020-03-30
  • Heads Up:🇯🇵 JPY Large Retailers' Sales (FEB) due at 23:50 GMT (15min), Actual: N/A Expected: -1.6% Previous: -1.4% https://www.dailyfx.com/economic-calendar#2020-03-30
  • Heads Up:🇯🇵 JPY Retail Trade (YoY) (FEB) due at 23:50 GMT (15min), Actual: N/A Expected: -1.5% Previous: -0.4% https://www.dailyfx.com/economic-calendar#2020-03-30
  • 🇯🇵 JPY Jobless Rate (FEB), Actual: 2.4% Expected: 2.4% Previous: 2.4% https://www.dailyfx.com/economic-calendar#2020-03-30
  • The Japanese Yen shared fully in the broad Dollar weakness which has come with global stimulus efforts. $USDJPY's medium-term downtrend looks quite comfortably in place. Get your USD/JPY market update from @DavidCottleFX here:https://t.co/5io7seTGyk https://t.co/bTmDlf5LLv
  • Heads Up:🇯🇵 JPY Jobless Rate (FEB) due at 23:30 GMT (15min), Actual: N/A Expected: 2.4% Previous: 2.4% https://www.dailyfx.com/economic-calendar#2020-03-30
EUR/USD Still Holding Trendline; 1.3620 is Possible Resistance

EUR/USD Still Holding Trendline; 1.3620 is Possible Resistance

2014-01-22 00:54:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

eliottWaves_eur-usd_1_body_Picture_10.png, EUR/USD Still Holding Trendline; 1.3620 is Possible Resistance

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-EURUSD is trading between trendlines. On Friday, price broke the line that originated at the July low but is holding the line that extends off of the September and November lows. As long as the latter line holds, it’s difficult to be short.

-Watch for 1.3620 resistance.

LEVELS: 1.3399 1.34501.3514 | 1.3574 1.3620 1.3680

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.