Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
There are just a couple to take note of on the list for the day, as highlighted in bold below.The first ones are for EUR/USD, layered from 1.1650 through to 1.1700. The pair remains on a descending trend since the turn of the year and the expiries will add a layer to keep price action in check with that regard. The 100-hour moving average sits at 1.1675 currently and sellers are doing well to keep things below the key level since last week. So, the expiries layer will add to that with a secondary defense seen at 1.1700 – holding close by to the 200-hour moving average at 1.1705 at the moment.But amid Trump’s attack on the Fed independence again, that might draw renewed pressure on the dollar after the currency escaped from further scrutiny following the US jobs report on Friday. So, just keep that in mind as we also build towards the crucial US CPI report tomorrow.Besides that, there is also one for USD/JPY at the 158.00 level. It isn’t one that holds much technical significance but the expiries could just lock price action down a little amid a struggling dollar, raising questions about the potential breakout from Friday.The pair previously had held key resistance around 157.75-90 but pushed for a break at the end of last week, though falling short of closing above the 158.00 figure level. So, the expiries could yet keep things in check in European trading should the dollar keep under some slight pressure from the Trump vs Fed headlines.For more information on how to use this data, you may refer to this post here.Head on over to investingLive (formerly ForexLive) to get in on the know!
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
EUR/USD is facing critical resistance between 1.1650 and 1.1700, and here’s why that matters: The pair has been on a descending trend since the start of the year, indicating bearish sentiment among traders. With expiries in this range, we could see increased volatility as positions are adjusted. If the pair fails to break above 1.1700, it could reinforce the downtrend, leading to further selling pressure. Conversely, a breakout above this level might signal a shift in momentum, attracting buyers and potentially reversing the trend. Keep an eye on the daily chart for any signs of reversal patterns or volume spikes that could indicate a change in sentiment. Also, consider how this impacts correlated assets like the DXY index, which measures the dollar’s strength against a basket of currencies. A stronger dollar could further weigh on EUR/USD, making it crucial to monitor economic indicators from the U.S. and Eurozone that might influence these dynamics. Watch for any news or data releases that could drive price action in the coming days.
📮 Takeaway
Watch the 1.1650-1.1700 resistance zone closely; a breakout could signal a trend reversal, while failure to breach may lead to further declines.
