OctaFX | OctaFX Forex Broker
main_menu_masthead_awards
Konto eröffnen Anmelden
de
    OctaFX | OctaFX Forex Broker
    Anmelden
      Konto eröffnen
      Back

      EUR/USD challenges 2-week lows

      FXStreet (Córdoba) - EUR/USD continues to pressure against daily lows at the 1.1135 zone, but buyers have managed to keep the euro contained.

      EUR/USD broke below the 100-day SMA and fell to a 2-week low of 1.1136 as the dollar continues to benefit from the risk averse environment and investors look past economic indicators.

      In US, the Richmond Fed manufacturing index came in at -5 in September versus +4 expected, while in the Eurozone consumer confidence sank to -7.10 against -6.9 of consensus.

      At time of writing, EUR/USD is trading at 1.1143, posting its third consecutive loss in a row, after peaking at 1.1459 following Fed decision to stay on hold last week.

      EUR/USD levels to watch


      As for technical levels, if EUR/USD breaks below 1.1135, next supports are seen at 1.1125 (50-day SMA) and 1.1100 (psychological level), while on the flip side, resistances could be found at 1.1207/10 (Sep 22 high/200-day SMA) and 1.1255 (21-day SMA).

      NZD/USD slides below 0.6300

      NZD/USD is trading at the lowest level in 13 days as it continues to decline after making a strong reversal.
      Mehr darüber lesen Previous

      Treasury yields extend slide on US stock market drop

      US Treasuries prices rose in the US session, pushing yields to fresh daily lows as a sell-off in the stock and commodity markets triggered a drop in the US stock markets.
      Mehr darüber lesen Next
      Start livechat