The Euro edges higher on Monday, following Friday’s drop that generated strong signal of recovery stall. Fresh strength was fueled by weaker dollar and resisted negative news that French President Macron lost an absolute majority in the country’s parliamentary election, however prospects for stronger recovery are very low. The action remains weighed by thick daily […]
The post EUR/USD Outlook: Limited Recovery Likely to Precede Bearish Continuation appeared first on Action Forex.
Chipotle Mexican Grill has spent years convincing investors that it can raise prices, open restaurants, and keep customers coming back, but Wall Street is now asking a harder question about how much growth the fast-casual Read more…
Daily Pivots: (S1) 1.3502; (P) 1.3557; (R1) 1.3660; More… Intraday bias in GBP/USD remains on the upside for the moment. Rise from 1.3158 is in progress for 61.8% projection of 1.3158 to 1.3598 from 1.3453 Read more…
Daily Pivots: (S1) 1.1677; (P) 1.1709; (R1) 1.1764; More…. Intraday bias in EUR/USD stays neutral, and further rise is in favor with 1.1642 support intact. On the upside, sustained trading above 61.8% retracement of 1.2081 Read more…