Chart of the day - EURUSD (08.03.2021)

US dollar is trading higher against most major peers at the beginning of a new week. USD is being supported by risk-off moods seen outside of Europe, especially on Nasdaq futures, as well as another jump in yields with 10-year yields trading just slightly below 1.6%. EURUSD continues to move lower following a break below the upward trendline and the lower limit of the Overbalance structure last week. The pair is attempting a break below the 1.19 zone, that is additionally being strengthened by the 200-session moving average. EURUSD has reached a daily low near 1.1880 - the lowest level since late-November 2020. In case we see a meaningful break below the 1.19 zone, downward move may deepen towards the next support at 1.1715 - the lower limit of the August-September 2020 trading range.

Source: xStation5

28 August 2026, 5:25 PM

3 markets to watch next week (28.06.2026)

28 August 2026, 3:23 PM

🚩 EURUSD loses 0.3%

28 August 2026, 3:05 PM

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28 August 2026, 9:46 AM

Chart of the Day: USDJPY eyes 160.00 again 📈 Will FX intervention withstand the pressure? (28.08.2026)

Forex

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