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The EUR/USD formed a bull doji yesterday. While yesterday’s bull doji is a bad buy signal bar, it is also a disappointing follow-through for the bears, which will convince some bears to take...
The EUR/USD formed a possible second leg down following last week’s bull trap. The Bears did a good job getting follow-through selling yesterday. However, today will likely disappoint the bears...
If the beleaguered euro and yen did not have enough to worry about already, they now have to cope with Brent oil trading above $90/bl as the Saudis extend their supply cuts through to year-end. Unless...
The EUR/USD formed a Bull breakout last week that reversed down, trapping the bears. Every breakout is a surprise, and surprises usually get 2nd legs. However, instead of the bulls getting a second...
Economic data from China and the eurozone sent markets back into sell-off mode.China's services PMI fell from 54.1 to 51.8, the smallest growth rate since last December. That's a sharper slowdown than...
The U.S. dollar is holding steady, with the EUR/USD currency pair hovering around 1.0780 as of Monday. This follows a robust performance by the dollar last Friday, driven by newly-released U.S....
The US Dollar appears poised to continue to move lower after latest economic data The euro, on the other hand, has been pricing in the possibility of further rather hikes from the ECB Meanwhile,...
The EUR/USD broke above the moving average (blue line) two days ago. While the odds favor the bulls getting a second leg up, the bears were able to form a strong bear reversal bar...
NFP expectations are for the slowest job growth since early 2021. Traders, and the Fed, are looking for continued signs of slack in the labor market to signal that interest rates have peaked for this...
The EUR/USD formed consecutive bull bars, closing above the moving average. The market is likely Always In Long and will probably get a second leg up. The market formed a final flag (blue line),...
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