Read more

EURUSD bulls give up

12:20 PM 10 November 2020

Major currency pair may see trend reversal

EURUSD is trading lower today. Looking at the M30 interval, we can see that the pair is trying to break below the key support area. The pair approached the 1.18 area, marked by previous price reactions and the neckline of the head and shoulder pattern. Breaking below could hint at a bearish shift to the sentiment. Pair found itself under additional pressure following today's disappoint ZEW release.

EURUSD M30 interval. 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