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
GBP/USD
Mixed
USD/JPY
Bullish
Gold
Mixed
Oil - US Crude
Mixed
Bitcoin
Bearish
More View more
Real Time News
  • Brexit Minister Barclay says a deal is still very possible $GBP
  • Heads Up:🇪🇺 EUR Euro-Zone ZEW Survey (Economic Sentiment) (OCT) due at 09:00 GMT (15min), Actual: N/A Expected: N/A Previous: -22.4 https://www.dailyfx.com/economic-calendar#2019-10-15
  • Heads Up:🇪🇺 EUR German ZEW Survey Expectations (OCT) due at 09:00 GMT (15min), Actual: N/A Expected: -26.8 Previous: -22.5 https://www.dailyfx.com/economic-calendar#2019-10-15
  • Heads Up:🇪🇺 EUR German ZEW Survey Current Situation (OCT) due at 09:00 GMT (15min), Actual: N/A Expected: -23.0 Previous: -19.9 https://www.dailyfx.com/economic-calendar#2019-10-15
  • - UK Jobs report Employment Change -56k vs. Exp. 23k Unemployment rate 3.9% vs. Exp. 3.8% $GBP https://t.co/9RlVXGdQkE
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/9:30 AM GMT for insight on London #FX and #CFD trading. Register here: https://t.co/AoM3UvLtcF https://t.co/Tk1vGRPN7x
  • What is a doji morning star candlestick? How can you use it in your #tradingstrategy? Find out from @RichardSnowFX here: https://t.co/w7Y4qj2Qkm https://t.co/GJ7bEWhoSG
  • Heads Up:🇬🇧 GBP BOE Governor Mark Carney Speaks In Parliamentary Testimony due at 08:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2019-10-15
  • Heads Up:🇬🇧 GBP Employment Change 3M/3M (AUG) due at 08:30 GMT (15min), Actual: N/A Expected: 26k Previous: 31k https://www.dailyfx.com/economic-calendar#2019-10-15
  • Heads Up:🇬🇧 GBP ILO Unemployment Rate 3Mths (AUG) due at 08:30 GMT (15min), Actual: N/A Expected: 3.8% Previous: 3.8% https://www.dailyfx.com/economic-calendar#2019-10-15
Forex: EUR/USD Technical Analysis – Channel Top in Focus

Forex: EUR/USD Technical Analysis – Channel Top in Focus

2013-12-10 11:42:00
Ilya Spivak, Sr. Currency Strategist
Share:

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices are testing resistance at 1.3753 (rising channel top set from early Nov)
  • Breaking higher targets the 1.3831-33 area (Oct 25 high, 50% Fib exp.)
  • Turning below support at 1.3706 (38.2% Fib exp.) targets 1.3610 (channel bottom)

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_eur-usd_body_Picture_12.png, Forex: EUR/USD Technical Analysis – Channel Top in Focus

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

Contact and follow Ilya on Twitter: @IlyaSpivak

New to FX? START HERE

For live market updates, visit the Real Time News Feed

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

DISCLOSURES

News & Analysis at your fingertips.