The Euro is trading within a narrow range in early Thursday’s and still constructive, but warnings about bulls running out of steam are growing. Long upper shadows of daily candles in past two days and double failure to register daily close above significant barrier provided by falling 200DMA (1.0417) add to risk of bull trap […]
The post EURUSD: Double Failure at 200DMA and Overbought Conditions Warn of Pullback appeared first on Action Forex.
Key insights from the week that was. Among the plethora of major central bank decisions this week, the RBA stood out from the pack, delivering a 25bp rate hike which took the cash rate to Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal One of my favorite things to Read more…
The US Dollar rallied consequently since the beginning of the US-Iran conflict, supported by the rise in Oil prices Now reaching the top of its long-term range, a major reversal could be coming Post-FOMC Dollar Read more…