EURUSD Forex Analysis - Retest and Failure At 1.0700 Level?

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the EURUSD daily and 15-minute charts.

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the EURUSD daily and 15-minute charts.

Price closed below the 1.0713 daily support level yesterday.

1.0700-13 the Figure, last week’s low, 62% fib retracement level, and daily resistance level.

Watching for price to rally and fail at this intraday resistance area for a further decline targeting the 1.0635 monthly support level.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

ACY Securities
Type: STP, ECN, Prime of Prime, Pro
Regulation: ASIC (Australia), FSCA (South Africa)
read more
ATFX Market Outlook 5th November 2025

ATFX Market Outlook 5th November 2025

U.S. Senate failed to pass a temporary funding bill once again on Tuesday, setting the stage for a government shutdown that will soon surpass the 35-day record from late 2018 to early 2019. Wall Street closed sharply lower as major banks warned of potential corrections, reflecting growing concerns over stretched valuations.
ATFX | 1 day ago
The euro holds on by a thread

The euro holds on by a thread

• The US is poised for a record shutdown. • Weak PMI data halted the dollar. • Rumours of intervention strengthened the yen. • Slowing inflation weakened the franc.
FxPro | 2 days ago
ATFX Market Outlook 4th November 2025

ATFX Market Outlook 4th November 2025

Gold prices steadied, hovering around the key $ 4,000-per-ounce mark amid a lack of clear direction. Traders are awaiting U.S. private-sector employment data later this week for further cues. Oil prices steadied as markets balanced OPEC+’s latest production increases against reports that the group may pause additional output hikes in the first quarter of 2026.
ATFX | 2 days ago
ATFX Market Outlook 3rd November 2025

ATFX Market Outlook 3rd November 2025

U.S. equities ended higher on Friday, led by Amazon’s upbeat earnings forecast, though investor optimism was tempered by renewed caution from several Federal Reserve officials. For the week, the S&P 500 rose 0.7%, the Nasdaq gained 2.24%, and the Dow added 0.75%. Several Fed hawks voiced opposition to further rate cuts, citing persistent inflation risks, which boosted the U.S. Dollar Index
ATFX | 3 days ago
Verbal interventions do not help yen

Verbal interventions do not help yen

Verbal interventions do not help yen. The Bank of Japan's passivity and the ECB's reluctance to spring surprises weakened the yen and the euro, adding fuel to the USD index rally.
FxPro | 6 days ago
ATFX ​Market Outlook 31st October 2025

ATFX ​Market Outlook 31st October 2025

U.S. equities fell on Thursday, with the three major indexes closing lower as Meta and Microsoft shares plunged amid market concerns over their substantial expenditures on artificial intelligence. The Nasdaq and S&P 500 led the decline, while the Dow Jones Industrial Average dropped 0.23%, the S&P 500 slid 0.99%, and the Nasdaq Composite tumbled 1.57%.
ATFX | 6 days ago