EURJPY Slightly Bullish Ahead of Key Obstacles
EURJPY still consolidating but immediate bias is bullish Major resistance area lies ahead EURJPY has […]
In Run-Up to US Elections, By Default USD Strength Could Continue
Markets US yields closed this week’s opening session 8.3 bps (2-yr) to 11.3 bps (10-yr) […]
EURSUD Wave Analysis
EURSUD reversed from resistance level 1.0875 Likely to fall to support level 1.0800 EURSUD currency […]
Weak German PPI Send the Euro Back Down
Market picture The German Producer Price Index fell more than expected, preventing the EURUSD from […]
EUR/USD Lower, ECB’s Kazimir Confident in ‘Disinflation Path’
The euro has edged lower on Monday. In the North American session, EUR/USD is trading […]
EUR/USD Turns Red, Are Bears Back In Action?
Key Highlights EUR/USD started a major decline below the 1.1000 support. A short-term bearish trend […]
Dollar Extends Winning Streak, Though Momentum Hints at Waning Strength
Dollar continued its reign as the strongest currency for yet another week, bolstered by solidifying […]
EUR/USD Dips After ECB Lower Rates
The euro can’t find its footing and has tumbled 2.7% in October. EUR/USD has stabilized […]
EURGBP Goes Back to a Downtrend
EURGBP charts new 2 ½-year low after UK retail sales beat estimates Short-term bias is […]
Consensus-Beating UK Retail Sales Triggers a EUR/GBP Break Lower
Markets Second tier US economic data outgunned yesterday’s ECB meeting. Strong retail sales, lower-than-expected weekly […]
ECB Cut Fuels Appetite, Weighs on Euro
The European Central Bank (ECB) lowered its interest rates by 25bp yesterday, in a widely […]
EUR/USD Technical: Overstretched Decline Heading into ECB Meeting
A 25bps cut by the ECB is likely to have been fully priced in. The current […]