EUR/USD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The daily EUR/USD chart shows a well-defined descending channel where aggressive bearish momentum has pushed the price down to its current level of 1.1362, which sits right on a minor intraday support line. Sellers remain dominant after a sharp, near-vertical decline, making a near-term test of the next major horizontal support at 1.1308 and the channel's lower boundary highly probable. For a structural shift to occur, buyers must cleanly defend this channel floor to trigger a counter-trend bounce; however, any recovery will face heavy overhead resistance at the 1.1494 horizontal level and the descending channel's upper trendline.



Back to articles

Actual Topics

Fri, 19 Jun 2026 12:47:49 GMT

GBP/JPY Daily Technical Analysis

GBP/JPY remains in a broader uptrend on the daily timeframe, trading within a well-defined ascending channel that has been respected since February. However, short-term momentum has weakened as price is currently below the 20-day SMA around 214.32 and struggling to hold above 214.00. Immediate support lies at 213.00, followed by 212.00 and the channel support near 210.75 to 211.00, while

Fri, 19 Jun 2026 07:43:03 GMT

AUD/CNH Technical Analysis

In 2026, the Australian dollar has lost significant ground against the Chinese yuan after hitting a peak earlier this year. Even though Australia is selling record amounts of resources like iron ore and gold to China, broader economic factors and changing interest rates are pushing the exchange rate down. The pair is now sitting at a crucial make-or-break line; if

To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.