Log In

The Technical Analyst

Main Menu

  • Home
  • Research
    • Provider Directory
  • Training
    • Introduction
    • Calendar
    • In-house training
    • e-Learning
    • Our clients
    • Testimonials
  • Awards
  • Contact
  • Sign Up

EURUSD turning around?

Tuesday 15 October 2019 14:50 BST

The break and close above downtrend resistance at the end of last week is an indication that a medium-term low is in place for EURUSD, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.

Sycamore says last week’s close above 1.1000/20 suggests that a low is in place at 1.0879. He warns, however, that the next upside test lies at 1.1111 (the September high) ahead of a layer of heavy resistance between 1.1220 and 1.1300 (see Chart). He thinks it would take a move above 1.1300 to confirm the low at 1.0879 and that a change of trend has occurred. His short- to medium-target for EURUSD is the 200-day moving average around the 1.1220 area.

See Chart.

 

 

Research Archives

2022

  • June
  • May
  • April
  • March
  • February
  • January

2021

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2020

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2019

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2018

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2017

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2016

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2015

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2014

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2013

  • December
  • October
  • September
  • August
  • July

2004 – 12

Research Categories

AI & Data Science

Commodities & Energy

Equities

Fixed Income

FX

Multi-Asset

Software & Technology

Get in Touch

Global Markets Media T: +44 (0)1483 573150
E:editor@technicalanalyst.co.uk
Sign Up
A:
The Technical Analyst
96 High Street
Guildford, Surrey, GU1 3HE
United Kingdom

The Technical Analyst

Since its launch in 2004, The Technical Analyst has brought technical analysis research and commentary to the institutional financial markets, supported by regular events and training courses.

The Technical Analyst is a division of Global Markets Media Ltd.

Copyright © 2022 Global Markets Media

Footer Menu

  • Cookies
  • Disclaimer
Design by Web Design London
This website uses cookies to store information on your computer. See our cookie policy for details on how to block cookies.
I am happy to proceed