EURUSD

by Ashraf Laidi

Feb 10, 2009 12:01

EURUSD consolidation is set to break out in medium term as ECB seeks to avoid telegraphing rate cuts beyond March. A breach of $1.3030 resistance in medium term is looming. USD downside risks underlined by record Treasury borrowing, which is boosting yields at expense of USD. Positive moving average cross-over (50 above 100) for the first time since July also provides technical basis along with bullish weekly stochastics. Breach of $1.3030 leads to $1.3080, followed by $1.3130.

More Hot-Charts

• USDJPY and EURUSD

  Apr 22, 2026 11:57 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group...

• US crude oil Update

  Apr 17, 2026 16:02 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group...

• Patterns on Fridays & Mondays

  Mar 30, 2026 14:38 | by Ashraf Laidi
  Since the start of the war on Iran, the pattern of falling Fridays in US equity indices has become obvious. Will the pattern ends this week.