Introduction The Euro FX Futures (6E) has dipped slightly since the high on 17 September and our previous analysis, but zooming out, the price action is still in a relative consolidation phase. Prices are now trading below the 50-day moving average consistently for the first time since March of this year. With regards to fundamentals, Read More…
Introduction 6E failed to hold its recent peak and attempted breakout above 1.18895 on 16 September and has rolled back beneath the 50-day moving average. The drop leaves price vulnerable to a move down to 1.1424, but higher-timeframe support is still intact. The small cluster at 1.165 is something the bulls will try to defend. Read More…
Introduction Since our last analysis, the Euro FX Futures (6E) have moved higher into the resistance zone of the downward-sloping trend line. Bears have not been strong enough to push price down to the support at 1.1424, and so now, bulls are looking to make a new push, which could lead to a new leg Read More…
Market Snapshot Metric Value Current Price at time of writing 1.16395 50-Day MA 1.16444 200-Day MA 1.09894 Key Resistance 1.1700 – 1.1800 Key Support 1.15625 (range floor), 1.14250 (major swing low) Technical Overview Weekly Chart The weekly chart is a good way to show the strength of the long-term trend of any asset. The Dollar Read More…
Technical Overview (Daily Chart) Macro/Geopolitical Context Euro Strength Drivers: Dollar Weakness Catalysts: Probabilities Table Scenario Description Probability Comment 🟢 Bullish continuation Price holds above 1.161 and pushes toward 1.185 / 1.206 60% +/- Structural support intact, risk-on flows favor euro 🟡 Pullback to 1.150–1.155 Brief shakeout before reattempting higher 30% +/- Would be healthy for Read More…
Euro FX Futures (6E1!) continue to follow a steady uptrend, now trading at 1.1587 and holding firmly above a rising trendline that has acted as reliable dynamic support since early March. The price remains comfortably above both the 50-day MA (1.1376) and 200-day MA (1.0871). The Dollar continues its decline as the political scene in Read More…
