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It was surprisingly a busy weekend as Spain delivered a close national election, Barbie showed us the economy is still partying, Chevron (NYSE:CVX) reported impressive earnings, and as expectations...
The EUR/USD sold off and reached the May high, a sign that the daily chart is in a trading range and not a bull trend. The bears will probably get a second leg down after getting five consecutive...
The EUR/USD on Monday, dropping to 1.1070 following the release of weak economic data. After losing for five consecutive sessions, the EURUSD has given back almost half of its gains from the 6th to...
The major currency pair remains under pressure around 1.1120 on Monday. Investors are feeling the tension, as the most eventful week of this month has begun. Both the US Federal Reserve and the...
- EUR/USD has had a surprise bear breakout on the Daily chart - Three consecutive bear bars strengthen the chance of a second leg down - Bulls hope buyers will overcome bears and maintain May high...
The EUR/USD currency pair is currently in a state of uncertainty It is deciding whether to continue its upward momentum from last week's breakout or test the May high first The breakout from last...
The EUR/USD has gone sideways for four days following the strong consecutive two-bar breakout (July 12th and 13th) that closed far above the May high. This breakout is a strong enough surprise that...
The EUR/USD pair had a strong rally last week. However, it is becoming, which increases the odds of a pullback lasting a few days. The risk is getting big for the bulls, so institutions must manage...
Markets have not moved much since yesterday, not even Aussie after RBA minutes which showed that they are prepared to go further with a hawkish policy to reduce inflation, but also they are concerned...
In the North American session, EUR/USD was unchanged at 1.1226 at writing. The US dollar was broadly lower against the majors last week and on Friday the euro hit its highest level since February...
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