Key Highlights EUR/USD started a recovery wave above the 1.1550 resistance. A major bearish trend line is forming with resistance at 1.1595 on the 4-hour chart. Bitcoin started a recovery wave above $64,000. Gold corrected some losses and traded above $4,300. EUR/USD Technical Analysis The Euro found support near 1.1500 against the US Dollar. EUR/USD […]
The post EUR/USD Hits a Wall—Can Bulls Break Through? appeared first on ActionForex.
ECB President Christine Lagarde warned that elevated energy prices are no longer confined to fuel markets and are increasingly feeding into broader inflation across the Eurozone economy. Speaking to France Culture on Monday, Lagarde said Read more…
Markets The US and Iran have reached a deal. The news was confirmed by all parties involved, a first. Rumours circulated since President Trump backtracked late Thursday on renewed attacks on Iran and instead announced Read more…
In Focus Today Today, the Swedish Labour Force Survey for May will be published. Public Employment Service data last week showed unchanged unemployment for the fifth straight month. Given the volatility in AKU unemployment, we Read more…