Sat, Apr 11, 2026 04:38 GMT
More
    HomeLive CommentsEUR/USD breaks 1.1431 support on weak PMI and falling German yield

    EUR/USD breaks 1.1431 support on weak PMI and falling German yield

    ActionForex
    By ActionForex

    EUR/USD breaks 1.1431 support after a Eurozone PMIs showed marked slow down in the economy. PMI composite hit 25-month low at 52.7 and suggested that GDP growth is waning to 0.3 in Q4. Additionally, decline in German yield is also weighing on Euro. 10 year bund yield is down -0.006 at 0.405. 0.4% is a key psychological level to defend.

    Regarding EUR/USD, fall from 1.1814 has finally resumed and should now be target 1.1300 low next.

    Start Trading
    Start Trading
    Start Trading
    Start Trading
    ActionForex
    ActionForex
    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

    Latest Analysis

    Load more

    Learn Forex Trading

    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

    Contact us: contact@actionforex.com

    © ActionForex.com © 2025 All rights reserved.