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EUR/USD Long-term target posted Nov. 11 at 1.0594 traded last Monday at 1.0592. The November 11 range for the day was 1.0182 to 1.0363. Add this trade to the gazillions of long-term target trades...
EURUSD has been edging higher since early October after its long-term downtrend paused at the 20-year low of 0.9535. However, the pair has been stuck in a sideways pattern in the last few daily...
Previous EUR/USD forecast talked about $1.07825 as a monthly target, and the price has taken the first step to avoid falling down and to continue moving upwards.The price started to rise on Monday and...
The EUR/USD pair consolidates above the 1.0500 area on Friday, still unable to advance beyond the 1.0600 mark, with the pair edging lower after the release of U.S. Producer Price Index data.At the...
The EUR/USD is forming a tight bull channel and may be unable to escape the gravitational pull of the November 10 and 11 measured move target above (1.0697). While the bears can argue that the...
MarketsUS equities were stronger Thursday, with S&P 500 up 0.5% heading into the close, the first up day after five consecutive declines. Oil is down again, -1.2%. But United States 10-Year yields...
The EUR/USD has been in a bull channel since November 21 and now has a wedge top with December 5. The bears, at a minimum, expect two legs down from the wedge top, and they want a test of the...
The EUR/USD pair continues to gravitate around the 1.0500 area on Thursday as investors take the back seat ahead of the Federal Reserve and the European Central Bank policy decisions next week.At the...
After two consecutive daily drops, the EUR/USD pair advanced on Wednesday, regaining the 1.0500 mark following supportive Eurozone data. However, the pair pulled back during the New York session as...
The EUR/USD is forming a wedge top, and the bulls are trying to break above it and reach the measured move target above (1.0697). The market may have to reach the measured move target before the...
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