Skip to Content
News & Analysis at your fingertips.

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. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
EUR/USD Daily Reversal at Confluence of Slope and Horizontal Level

EUR/USD Daily Reversal at Confluence of Slope and Horizontal Level

Jamie Saettele, CMT, Sr. Technical Strategist


Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“The break above the resistance line (old support) indicates that behavior has changed. Looks towards 1.1270.”

-EURUSD reversed at the confluence of a sliding parallel and the 2/25 high. Risk is lower at these levels although a break above (daily close) would point to 1.15. What happens here is probably key to the next big move.

View additional analysis and receive trade ideas

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