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EUR/USD jumps after Lagarde says core CPI too high US nonfarm payrolls expected to ease to 190,000 The euro is drifting on Friday, trading at 1.0777. EUR/USD posted its strongest one-day performance...
The EUR/USD pair recovered ground on Thursday after touching its lowest level in over two months the previous day as expectations surrounding the Federal Reserve decision shifted to dovish while...
The EURUSD tested the March 20th low yesterday and reversed up. The channel down is tight, which increases the probability that the first reversal down will fail. The market is developing more buying...
Eurozone inflation falls sharply Debt ceiling deal sails through House of Representatives JOLTS Job Openings beats expectations The euro has edged higher on Thursday, trading at 1.0708, up 0.19%. The...
The EUR/USD has been in a tight bear channel for the past month. The market is getting close to support, which increases the odds of a bounce and a couple of legs sideways to up. Bears got trapped...
Weak Chinese manufacturing data put pressure on the single currency as Europe, particularly Germany, is highly correlated with China.However, the Eurozone's data is not so bad today. The number of...
EUR/USD takeawaysThe US debt ceiling deal was priced in and is not providing a boost for US assets as traders return from a long holiday weekend. US Consumer Confidence came in above expectations at...
The EUR/USD is forming a parabolic wedge bottom (purple line) after testing the March 24th low. The bulls want a strong reversal up; however, as I have said several times, the selloff from the May...
Note: CB Consumer Confidence is this AMBearish: EUR/JPY currently at 150.08 after putting in a top. If we can break the support here, we are looking for a continuation to the 1.000 Fibo/ATR target at...
The EUR/USD pair continued to edge lower on Monday, although trading ranges are minimal given the holiday in the United States and Europe. At the time of writing, the EUR/USD pair is trading at the...
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