EUR/USD rejected at key 1.18 resistance – Société Générale
EUR/USD failed to sustain a breakout above the 1.1800–1.1830 resistance zone and has since broken below its short-term rising trend line, shifting near-term risks toward a corrective decline with key support seen at the 200-day moving average around 1.1550–1.1590, Société Générale's FX analysts note

EUR/USD failed to sustain a breakout above the 1.1800–1.1830 resistance zone and has since broken below its short-term rising trend line, shifting near-term risks toward a corrective decline with key support seen at the 200-day moving average around 1.1550–1.1590, Société Générale's FX analysts note.

Uptrend break signals fading momentum

"EUR/USD recently tested the upper boundary of its multi-month consolidation around 1.1800/1.1830, a key resistance zone, before pulling back sharply. The pair has broken below a short-term ascending trend line, signalling weakening upward momentum."

"The December low near 1.1590/1.1550, which coincides with the 200-DMA, is a crucial support. Failure to defend this zone could denote the risk of a deeper decline."

Acuity Trading
Trade The World
Ang Acuity Trading ay isang fintech na nakabase sa London na itinatag noong 2013, na dalubhasa sa AI-powered na alternative data at sentiment analysis para sa trading at investments. Inirebolusyon nila ang online trading experience gamit ang visual news at sentiment tools, at patuloy na nangunguna sa merkado sa pamamagitan ng alpha-generating alternative data at highly engaging trading tools gamit ang pinakabagong AI research at technology.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Galugarin ang Higit pang mga Tool
Trading Academy
Mag-browse ng malawakang hanay ng mga educational na artikulo na sumasaklaw sa mga trading strategy, market insights, at financial fundamentals, lahat sa isang lugar.
Matuto pa
Mga Kurso
Galugarin ang mga structured na trading course na idinisenyo upang suportahan ang inyong paglago sa bawat yugto ng inyong trading journey.
Matuto pa
Webinar
Sumali sa mga live at on-demand na webinar upang makakuha ng real-time na market insights at trading strategies mula sa mga eksperto sa industriya.
Matuto pa