Euro technical forecast: EUR/USD weekly trade levels Euro reverse sharply off confluent resistance at the yearly open EUR/USD at risk for deeper correction within the multi-month uptrend Resistance 1.0704, 1.0793-1.0839, 1.1033– support 1.0412/61, 1.0352 (key), Read more…
Euro technical forecast: EUR/USD weekly trade levels Euro reverse sharply off confluent resistance at the yearly open EUR/USD at risk for deeper correction within the multi-month uptrend Resistance 1.0704, 1.0793-1.0839, 1.1033– support 1.0412/61, 1.0352 (key), Read more…
Euro technical forecast: EUR/USD weekly trade levels Euro reverse sharply off confluent resistance at the yearly open EUR/USD at risk for deeper correction within the multi-month uptrend Resistance 1.0704, 1.0793-1.0839, 1.1033– support 1.0412/61, 1.0352 (key), Read more…
Euro technical forecast: EUR/USD weekly trade levels Euro reverse sharply off confluent resistance at the yearly open EUR/USD at risk for deeper correction within the multi-month uptrend Resistance 1.0704, 1.0793-1.0839, 1.1033– support 1.0412/61, 1.0352 (key), Read more…
Euro technical forecast: EUR/USD weekly trade levels Euro reverse sharply off confluent resistance at the yearly open EUR/USD at risk for deeper correction within the multi-month uptrend Resistance 1.0704, 1.0793-1.0839, 1.1033– support 1.0412/61, 1.0352 (key), Read more…
Markets News this morning of a major Credit Suisse shareholder ruling out a capital injection in the ailing Swiss bank not only rekindled a still lingering fire, it fanned it into an roaring blaze. Investors Read more…
Gold has been in an uptrend in the four-hour chart, which temporarily paused near the 1,914 territory. However, gold spiked higher as markets turned pessimistic over Credit Suisse’s solvency, while technically, the ascending 50-period period Read more…
Daily Pivots: (S1) 1.2130; (P) 1.2166; (R1) 1.2196; More… Intraday bias in GBP/USD stays neutral first as it’s still holding on to 1.2045 support. On the upside, above 1.2203 will resume the rally from 1.2445/6 Read more…
US retail sales declined -0.4% mom to USD 697.9B, below expectation of 0.2% mom. Ex-auto sales fell -0.1% mom to USD 567.2B, matched expectations. Ex-gasoline sales dropped -0.4% mom to USD 639.5B. Ex-auto, gasoline sales Read more…
Oil prices fell to a three-month low following the release of US inflation data which was in line with expectations. The annual inflation rate of 6% and monthly rate of 0.4% were unsurprising, but the Read more…