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The EURUSD is Always In Short and trying to reach the March 24th low. The channel down is tight, increasing the odds that the first reversal down will fail. The bulls need to develop more buying...
The US dollar has exhibited strength this week, largely driven by optimism and speculative anticipation regarding the US debt-ceiling. Market speculators anticipate the approval of the debt-ceiling...
The US dollar has strengthened against its major rivals over the past two weeks, gaining 2% against a basket of major currencies. The Dollar Index surpassed 103, a level not seen since the second half...
The EUR/USD is Always In Short, following the bear breakout that ended on May 12th. the follow-through selling is strong enough that the first reversal up will probably be minor. This means the best...
The US dollar is rising against all of her major rivals today despite a lack of US economic data. EUR/USD broke down from its 1.09-1.11 sideways range last week, marking a top. The next level of...
The EUR/USD pair dropped further on Wednesday, touching its lowest level in over a month as the dollar continues to profit from the risk-off environment. At the time of writing, the EUR/USD pair is...
The EUR/USD is testing prior higher lows of the bull channel that began on March 24th. The bears got a strong breakout with follow-through on May 12th. This was a strong enough surprise that the odds...
Trade ideas: EUR/USD finally broke support to 1.0965/45 for a sell signal to target 1.0880/70 (hit on Friday). We have resistance at 1.0890/1.0900 (& you should be short here with a high for the...
The EUR/USD pair staged a short-lived bounce on Tuesday, but it was rejected from the 1.0900 area despite encouraging Eurozone Gross Domestic Product (GDP) figures. At the time of writing, the EUR/USD...
The EUR/USD formed a bull reversal bar yesterday. However, it is small and follows large bear trend bars. The odds are there are sellers above yesterday’s high and that the market will go...
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