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The EUR/USD is getting an upside breakout and will likely test the midpoint of the triangle (blue lines). The recent triangle was a likely final flag in a trading range. This means that the odds...
The ECB hawks have stepped in to revive depressed rate expectations, but markets are opting for data dependency, and EUR/USD is set to face two key risk events with eurozone inflation figures before...
The EUR/USD pair is in a tight bear channel with no sign of a bottom. While the market is forming overlapping bars, the bulls are failing to get a strong entry bar following bull reversal bars. This...
The Globex market rallied for a couple of legs during the overnight session. However, the rally is probably a leg in a trading range. The EUR/USD bears are hopeful they will get follow-through...
US dollar has broken out ahead of Powell's speech Meanwhile, EUR/USD is eyeing a trend reversal USD/JPY's rally has fizzled out Throughout the first half of the week, the US Dollar index maintained...
The EUR/USD bears recently broke below a bear channel yesterday. However, the breakout bar reversed up, forming a bull reversal bar. Yesterday’s bull reversal bar is within a tight bear...
There is an important battle for the long-term trend in the EUR/USD pair. The central bank speeches in Jackson Hole on Friday have enough potential to break or reinforce the direction of the past 11...
Eurozone Services PMI falls to 48.3 in August (50.5 expected, 50.9 in July) Eurozone Manufacturing PMI rises to 43.7 in August (42.6 expected, 42.7 in July) Euro testing key support against the US...
The EUR/USD broke below the July 6th low today and is 29 pips below it. The bears hope they can get today to close far below the July 6th low, increasing the odds of lower prices. The bulls will see...
The EUR/USD Bears want the market to close below the July 6th buy signal bar low. This would be another sign that the market is in a trading range, not a bull trend. The selloff from the July...
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