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The market's most traded currency pair climbed to 1.0800 on Tuesday.The market has a risk appetite at the beginning of a crucial week, with the meetings of the Federal Reserve System and the European...
The EUR/USD pair shows no directional bias at the start of an eventful week as investors refrain from taking significant positions ahead of the United States consumer inflation data (Tuesday) and the...
I hope you all had a restful weekend. This week is expected to be quite eventful, especially after a relatively slow previous week. We have several central bank policy decisions lined up, with the...
The EUR/USD pair posted solid gains on Thursday as the US Dollar Index weakened across the board following softer-than-expected US jobs data. At the time of writing, the EUR/USD pair is trading at the...
The EUR/USD is going sideways in a tight trading range just below the moving average. The bears have 19 bars completely below the moving average, a sign of bear strength. However, a tight trading...
The EUR/USD found buyers early this morning. The market will probably rally closer to the moving average (blue line) over the next few days. The tight bear channel that began in early May has...
A run of weak economic data suggests that Eurozone growth is faltering in Q2, highlighted by today’s soft German factory orders report. EUR/USD tried to bounce off its 200-day EMA last week but...
The EUR/USD is getting a second leg down after the June 2nd bear reversal bar. While the selloff over the past three days has been good for the bears, it will probably be limited. The reversal up on...
The EURUSD has been in a tight bear channel below the moving average (blue line) since early May. The bulls are developing decent buying pressure over the past couple of trading days, which increases...
The EUR/USD got a bull breakout yesterday. However, as strong as the bull breakout bar is, it is probably a minor reversal. The channel down from the May high is tight, which increases the odds that...
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