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

24 October 2025, 7:00 PM

Daily Summary: CPI down, Markets Up

24 October 2025, 4:22 PM

3 markets to watch next week (24.10.2024)

24 October 2025, 2:46 PM

BREAKING: US PMI above expectations! 📈🔥EURUSD declines!

24 October 2025, 1:31 PM

BREAKING: US CPI lower than expected! 🚨EURUSD climbs higher!🔥

forex

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Chart of the day - EURUSD (08.03.2021)

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