By Orbex
The euro currency is trading rather muted on Monday. Price action did not make many gains as the US markets are closed on account of Columbus Day bank holiday.
On an intraday basis, the euro briefly tested the 1.1800 level. The euro was pushed back higher after prices were rejected below this level.
Looking at the Stochastics oscillator, we could see another bout of strength in the common currency.
Therefore, it is quite possible for the 1.1900 level to become the next key resistance level to be tested.
Free Reports:
By Orbex
By ForexTime Nvidia shares only ↑18% year-to-date Competition, data centre revenue and fiscal Q2 2027…
By JustMarkets On Tuesday, US stock indices continued to decline amid the ongoing sell‑off in…
By Analytical Department RoboForex EUR/USD slipped to 1.1598 on Wednesday, keeping the pair at its…
By JustMarkets On Monday, the US stock indices closed mixed amid ongoing uncertainty surrounding the…
By Analytical Department RoboForex Gold rose to 4,600 USD per ounce on Tuesday, continuing its…
By JustMarkets On Friday, US stock indices fell sharply amid growing investor concerns about the…
This website uses cookies.