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The EUR/USD closed below the May 31st low for the first time. This indicates that the bears are getting a successful breakout below the May low. However, the bear channel is climactic and has not...
New Euro-US dollar parity a possibility as the pair hovers below 1.0610 Still, the greenback is likely to face tough road ahead in the technical chart Fed to be the decisive factor going forward as...
Fed rate hike expectations for November 1st stand at 18.6% vs. 30% from a week ago Germany IFO Business climate declines for a fifth straight month 10-year Treasury yield surges 7.7bps to 4.511% The...
The EUR/USD is stalling at the May 31st low. The bears try hard to trap the bulls and get the downside breakout below the May 31st low. The bulls are trying to develop more buying pressure at...
Germany's Ifo business climate index held steady in September at the previous month's level despite expectations of further deterioration.The business climate indicator fell from 85.8 to 85.7, better...
As we enter a historically weak period for the stock market, negative investor sentiment has moved above its historical average Meanwhile, recent developments at Adobe have made the stock an appealing...
EURUSD in a clear downtrend, posting a fresh 5-month bottom of 1.0614The descending 50-day SMA is approaching 200-day SMA, setting the stage for a death crossMomentum indicators are heavily skewed to...
US Dollar and Fed TakeawaysEurozone PMIs are on tap tomorrow, with expectations showing the potential for continued contraction. EUR/USD remains within a bearish channel as it tests a key support zone...
The {{EUR/USD}} formed a Low 1 short on September 19th. The context was bad for the bears, and the odds favored buyers below for at least a scalp. The bulls and bears both sold above the September...
Fed kept rates steady; target range remained at 5.25%-5.50% (as expected) Dot plots showed 12 of 19 expected policymakers (12 also called for one more hike in June) Fed projections saw rate cut bets...
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