Market News:
Clock Icon
point logo

TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURUSD 23.5.2023

Technical Analysis
Tuesday, May 23, 2023 - 10:57
Point Trader Group
EURUSD 23.5.2023

General trend: downward.

Expected scenario:

The pair is trading below a strong resistance level around 1.0830, which enhances chances of a drop to 1.0715.

Alternative scenario:

The scenario fails, and it turns to the upside, with a break of 1.0830, targeting 1.0900.

The most important levels

resistance:

1.0830 – 1.0900

support:

1.0715 – 1.0610

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

Related Topics

Latest News

Gold Hits Record High as Markets Await Fed Decision and Dollar Weakens
Tuesday, September 16, 2025 - 09:20
Gold hits new all-time high on Monday
Monday, September 15, 2025 - 17:22
Oil prices jump 2% after drone attack on Russian port
Friday, September 12, 2025 - 17:13
Dow Jones Index Rises 500 Points to New Record High
Thursday, September 11, 2025 - 19:03

REQUEST A CALL BACK

Get financial advice from Point Trader Group experts.

YOU CAN TRUST POINT TRADER GROUP

For free expert financial advice.

CONTACT US
Open your Real Account now

Start making money from your home!

OPEN REAL ACCOUNT
Try the Demo Account now

Get your free demo trading account!

TRY DEMO ACCOUNT