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The EUR/USD has managed to maintain its upward momentum, holding above the critical psychological level of 1.1000. The euro rose for a third straight day on Thursday amid reports suggesting that the...
The EUR/USD got a strong bull close yesterday, closing above the past several days. The bull bars over the past two days are strong enough to increase the odds of a 2nd leg up and a test of the...
Last month, US inflation fell more than expected due to cheaper energy and food. The CPI rose 5%, down from 6% the previous month and just below the expected 5.1%. We had warned of this...
The EUR/USD reversed up from the April 10th failed bear breakout and is now at the February 1st close. I have been saying the market would probably reach the February 1st close and allow the scale-in...
EUR/USD movement today hinges on the US CPI release of course. The pair is in a 6-month bull trend but having failed to beat the 100 week, 500-day moving averages & the January high it is looking...
The EUR/USD is finding buyers at the moving average (blue line). The market will probably have to get closer to the February 1st close. The rally on April 4th is probably not enough of a test of the...
EUR/USD has climbed around 0.60% today and pushed above the 1.09 line Eurozone Sentix Investor Confidence improved to -8.7 Eurozone retail sales fell by 0.8% Eurozone Sentix Investor Confidence...
Here are two major cross-rates that seem to be telling different stories about the direction the US dollar is going to be heading. The first is EUR/USD, which to my eyes looks ready to plunge...
The EUR/USD pair is retreating for a second day on Monday, sliding to the 1.0850 area after hovering around 1.0900 for a period of consolidation. The absence of any significant high-tier data releases...
The EUR/USD pair entered a consolidative phase on Thursday amid thin trading conditions while investors wait for the U.S. nonfarm payrolls report. At the time of writing, the EUR/USD pair is trading...
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