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The EUR/USD has a 4-bar bear micro channel just above the 20-bar exponential moving average (blue line). This is a sign of increasing selling pressure. The bears still need to do more by getting a...
Eurozone inflation almost unchanged German retail sales fall by 2.5% Markets upwardly revise odds of Fed hike to 96% EUR/USD is trading quietly at 1.0966, down 0.09%.German retail sales fall by...
Lately, the Euro has been trading in a tight range especially against the United States dollar despite some tryouts of a break to the upside. The 14-Day average true range, which measures the average...
The EUR/USD continues to go sideways in a tight trading range holding above the moving average (blue line). The market is still Always In Long. However, the past five trading days have had a lot of...
The EUR/USD is in a tight bull channel. However, it is collecting much strong bear closes. The odds are that the channel up from the May low is converting into a trading range. The bears need to get...
German and eurozone GDP slowed and missed the estimates Markets await US Core PCE Price Index, German CPI EUR/USD is trading at 1.0983 in the European session, down 0.39% on the day German CPI...
The EUR/USD pair has retreated below the 1.1000 zone following Eurozone economic data and on the back of a stronger US Dollar. Additionally, equity markets are falling boosting further the greenback....
The EUR/USD is forming a tight trading range after exceeding the April 14th high. The bulls want an upside breakout and higher prices. The bears want a downside breakout. However, they need to get a...
The EUR/USD sold off yesterday after testing the April 13th close; however, the bulls bought the close of yesterday’s bear bar. The channel up is tight and holding above the moving average...
The EUR/USD pair is rising on Wednesday and is back above 1.1000, after erasing Tuesday’s losses. The pair fell from 1.1066 to 1.0963 on Tuesday, only to climb back to the 1.1060 area on...
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