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      13 Feb 2020

      EUR/GBP New York Price Analysis: Euro dropping towards 2019 lows vs. pound

      • EUR/GBP is weakening to fresh 2020 lows en route towards the 2019 lows. 
      • The level to beat for bears is the 0.8300 figure. 

       

      EUR/GBP daily chart

       

      The EUR/GBP exchange rate is trading below its main daily simple moving averages (SMAs) suggesting a bearish momentum in the long term. As the market is falling the bears are likely heading towards the 0.8300 figure which was near the lowest point in 2019. A breach below this level would likely extend losses towards the 0.8200 and 0.8100 figures. Resistance is seen near the 0.8400, 0.8500 and 0.8600 levels.

      Additional key levels

       

      Feb 13, 2020

      USD/TRY seems to be on an invisible string that may snap any day – Rabobank

      Amid rising geopolitical risk associated with developments in Syria, Piotr Matys, Senior Emerging Markets FX Strategist at Rabobank, offered a brief o
      了解更多 Previous
      Feb 13, 2020

      AUD/USD pares early losses, steadies below 0.6750

      The AUD/USD pair came under bearish pressure during the Asian trading hours and slumped to a daily low of 0.6708 before retracing its losses into the
      了解更多 Next