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The EUR/USD went one pip below the March 24th low before reversing up 40 pips. The market will probably fall further below the Mach 24th low. This was the bottom of a prolonged bull channel, so the...
The EUR/USD continued to retreat on Thursday as the dollar's rally seems unremittable as the impasse in the US debt-ceiling negotiations weighed on investors' sentiment. At the time of writing, the...
This week Fatih Birol, the Executive Director of the International Energy Agency (IEA), said that Europe's energy market faces 3 key challenges this year. So despite signs of improvement, is...
Germany’s GDP contracts in Q1 German consumer confidence remains deeply pessimistic FOMC minutes show uncertainty over the rate path EUR/USD is down for a third straight day. In the European...
The overnight Globex Market sold off after yesterday’s strong bear channel down. Today will probably have at least two hours of sideways trading since yesterday’s selloff was climactic....
The EUR/USD Bulls tried to get a reversal up over the past two days. However, the channel down is tight. This increased the probability or more sideways to down. The bears want to get down to the...
'Preliminary readings of the PMIs for business activity in the euro area generally revealed a worse-than-expected deterioration. According to the composite index, the last time the euro area industry...
The EURUSD is trying to reverse up. However, any bull reversal is likely to be minor. The bear channel down from the May high is tight, which increases the odds of sellers above and a 2nd leg...
The EUR/USD pair managed to regain some of the lost ground on Friday after sliding to its lowest level in nearly two months earlier on the day. At the time of writing, the EUR/USD pair is trading...
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