Analysts at Credit Suisse have a bearish bias on the EUR/USD as the world’s most popular currency pair remains below key averages. Key quotes “EUR/USD has seen a rollercoaster ride in March but remains below key averages, with key trend following indicators all pointing lower across multiple time horizons.” “A clear break of the long-term uptrend at 1.0768 is needed to allow momentum to finally accelerate. We would then see support next at 1.0636, before the 2017 low at 1.0341.” “Resistance at 1.1163 now ideally caps. Only above 1.1495 would set an important base, which is not our base case.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK PM Johnson’s spokesman: Review of social distancing measures could be announced on Thursday FX Street 2 years Analysts at Credit Suisse have a bearish bias on the EUR/USD as the world's most popular currency pair remains below key averages. Key quotes “EUR/USD has seen a rollercoaster ride in March but remains below key averages, with key trend following indicators all pointing lower across multiple time horizons.” “A clear break of the long-term uptrend at 1.0768 is needed to allow momentum to finally accelerate. We would then see support next at 1.0636, before the 2017 low at 1.0341.” “Resistance at 1.1163 now ideally caps. Only above 1.1495 would set an important base, which is not our base case.” Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
