Read more

📉 EURUSD at 3-month low ❗

10:36 AM 5 March 2021

EURUSD tests major support at 1.1930 as US yields rise

Fed Chair Powell played down rising US yields during a speech yesterday. His action triggered a spike in US yields and has sent USD higher across the board. USD strengthening continues today with EURUSD dropping to a 3-month low below 1.1950. Key support at 1.1930 is being tested at the moment. This level is marked with the lower limit of the Overbalance structure and breaking below would hint at trend reversal. Lower limit of a flag pattern lies slightly below 1.1930 and will be the final chance for buyers in case the previous support falls.

Source: xStation5

Share:
Back

Market News

04.07.2025
10:22

House of Representatives declares July 14–18 as key week for crypto regulation 👀🎯

Yesterday, the United States House of Representatives officially designated the week of July 14–18, 2025, as "Crypto Week." During this...

 07:58

Economic calendar: Trump’s Bill and Eurozone PPI in Focus as Wall Street Takes a Break (04.07.2025)

Volatility and liquidity in the markets are expected to be limited today due to the absence of trading on Wall Street (Independance Day). Nevertheless,...

 07:46

BREAKING: French industrial production falls unexpectedly 📉 FRA40 ticks down

08:45, France - industrial production in May: YoY: -0.9%, forecast 0.1%, previously -2.1% MoM: -0.5%, forecast 0.3%, previously -1.4%     Source:...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits