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Combined with Friday’s NFP report, the US CPI print suggests the US economy may be downshifting. While a Fed rate hike later this month is still seen as overwhelmingly likely, markets are...
The Globex market formed a strong upside breakout during the CPI report released at 5:30 AM PT this morning. The EUR/USD formed a strong upside breakout during the report and is currently getting a...
The EUR/USD formed a strong follow-through bar yesterday after last Friday’s strong bull close. The market exceeded the June 22 high early this morning and reversed down. At the moment,...
The EUR/USD Bulls got a strong upside breakout last Friday. This was the entry bar for the wedge bull flag buy signal bar formed last Thursday. Last Friday’s bull breakout is strong enough to...
Friday's US employment report sparked a sell-off in both the dollar and stock indices, as the pace of job creation missed forecasts, but hourly earnings growth beat expectations.The economy added 209k...
The EUR/USD} is trying to form a wedge bull flag and get a second leg up. The bulls formed a strong buy signal bar (7/6), and next, they want strong follow-through buying today. Traders will pay...
The market's most traded currency pair began July with a consolidation around 1.0900. On Friday EUR/USD is hovering near 1.0890. Investors continue to monitor the situation around the interest...
The EUR/USD is trying to form a wedge-bottom bull flag just above the June 15th Low. The bulls want the trend resumption up after the rally up to June 22nd. The bulls want signs of strength today....
EURUSD Forex daily chart The EUR/USD has been going sideways for several days as traders decide on the direction of the next breakout. The bulls want to see the sideways trading over the past two...
Eurozone and German Services PMIs weaken in June Markets looking for clues as Fed releases minutes on Wednesday EUR/USD is showing limited movement on Wednesday. In the European session, the euro is...
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