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– The bulls are still trying to get the reversal up. However, yesterday was a bad second-entry buy. – The odds still favor a second leg up and a test of the Oct. 4 close. The buy-the-close...
The EUR/USD pair continues to gravitate around the 0.9700 level, unfazed by U.S. Producer Price Index data or the latest FOMC minutes as investors await the consumer inflation figures due on...
– EUR/USD is trying to form a second entry buy signal bar today for the higher low major trend reversal. – The bears have a five-bar bear micro channel, and the first reversal up was...
Europe is importing record levels of liquified natural gas this year European governments spending billions keeping utilities afloat and protecting consumers Europe’s LNG import bill could be as...
EUR/USD bears have four consecutive bear bars, which is good. However, the bodies are getting smaller. Bears are testing the September 27 bad buy signal bar, which will likely act as support. The...
EUR/USD bear have done a great job disappointing the bulls creating a big up, big down situation. The odds favor sideways when you have a big move up followed by a big move down. Bulls see this...
Our previous EURUSD forecast mentioned the price could reach $0.99134, and the price succeeded in the first two days.The price broke above and reached the supply zone close to the confluence of...
The pullback in EUR/USD over the past two days is disappointing for the bulls and increases the odds of more sideways price action. October 4 was a reasonable buy-the-close bar; the market should test...
The EUR/USD pair fell to a one-week low on Friday following the release of better-than-expected U.S. nonfarm payrolls data. The pair bottomed at 0.9726 and closed the session at 0.9740, recording a...
EUR/USD is unchanged today after a nasty two-day slide, trading at 0.9792 in the European session. The euro flirted with the symbolic parity line on Wednesday, but then plunged 200 points.German...
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