• EUR/USD has continued to trek lower over the past few sessions after it broke below the key 1.3085/90 level – Convergence of the 55-day sma, 78.6% retracement (2/16 low & 2/24 high) ...
• EUR/USD recovered to an even higher level than I noted yesterday (1.3225-50) – See CHART TO WATCH, as a confluence of bullish technical signals aligned: Hourly RSI bullish divergence, RSI...
The Jan. NFP cards have been dealt and US equities are up more than +1% on the back of the much better than expected figures (243k vs. consensus 140k on the headline number, 257k vs. 160k for private ...
EUR/USD:
It appears the markets may have ‘punished’ Germany for their reluctance to get behind a ‘Eurobond’ issuance as their €6B 10-year bund auction earlier today ...
Since August I have been stating my conviction that USD/MXN’s downtrend over the past few years was coming to an end – Highlighting weekly RSI’s break above corresponding channel ...
The Euro remains relatively resilient as the key to ECB printing presses remains under heavy German guard. Market action remains choppy, indecisive and nervous ahead of long US weekend.The Euro ...