7:57 AM · 5 May 2021

BREAKING: EURUSD drops below 1.20

EURUSD dropped below 1.20 amid an increase in US yields. However, it should also be noted that volatility on the US bond market has been relatively limited during yesterday's stock market sell-off.

Main currency pair drops below 1.20 as well as the support zone that may be the neckline of a potential head and shoulders pattern. While this is not a textbook example of the pattern, the range of the pattern points to a potential decline to as low as 1.1880 - slightly above the next key support at 1.1850.

Source: xStation5

20 March 2026, 6:55 PM

Daily summary: Wall Street sells off, gold sells off, dollar keeps winning the risk-off (20.03.2026)

20 March 2026, 5:29 PM

Three markets to watch next week (20.03.2026)

20 March 2026, 8:57 AM

Chart of the Day: EURUSD Under Pressure from the Fed, the Persian Gulf, and Inflation

19 March 2026, 6:54 PM

EURUSD gains 0.8% 📈

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