EUR/USD Technical Analysis: Rising odds for a new visit to 1.1181/76

EUR/USD is losing further ground during the first half of the week and is now threatening to test the key contention band at 1.1181/76.
A break below this support region should pave the way for a test of 2019 lows in the 1.1100 neighbourhood.
In the meantime, the pair needs to regain recent highs in the 1.1280/90 band to mitigate downside pressure and attempt a test of the critical barrier in the 200-day SMA at 1.1313.

EUR/USD daily chart

Jul 23, 2019

USD/CHF: Dominated by the 2 month downtrend – Commerzbank

Karen Jones, analyst at Commerzbank, suggests that for the USD/CHF pair, their view remains negative as the market remains dominated by the 2 month do

NZD/USD sticks to RBNZ-led losses, well below mid-0.6700s

The NZD/USD pair now seems to have entered a bearish consolidation phase and was seen oscillating in a range near the lower end of its daily trading r