Intraday bias in EUR/USD stays neutral as range trading continues. On the downside, break of 1.1575 support will resume the fall from 1.1848 to retest 1.1408 low. Above 1.1865 will target 1.1795 resistance. Firm break there will argue that rise from 1.1408 is ready to resume through 1.1848. In the bigger picture, the strong support […]
The post EUR/USD Daily Outlook appeared first on ActionForex.
Markets A corresponding rise in the oil price, bond yields and the dollar & softer equities were testament to some investor enervation. For now, we don’t want to call it outright risk aversion yet. Further Read more…
It feels like it’s been years since I wrote consecutive stories that held positive news for homebuyers. In more than a decade covering mortgages and housing markets, most of the headlines have focused on rising Read more…
US services sector activity accelerated in May, providing fresh evidence that the economy remains resilient despite elevated interest rates. ISM Services PMI rose from 53.6 to 54.6, beating expectations and marking one of the strongest Read more…