The dollar index (DXY00) on Tuesday fell -0.21 (-0.22%). Dec euro-fx futures (E6Z9) closed up +0.0032 (+0.28%), and EUR/USD (^EURUSD) rose +0.0030 (+0.27%). Dec yen futures (J6Z9) closed down -0.0009 (-0.09%),...
The dollar index (DXY00) this morning is down -0.07 (-0.07%). Dec euro-fx futures (E6Z9) are up +0.0012 (+0.11%), and EUR/USD (^EURUSD) is up +0.0014 (+0.13%). Dec yen futures (J6Z9) are down -0.0005 (-0.05%),...
Based on the early price action and the current price at 1.1076, the direction of the EUR/USD the rest of the session on Tuesday is likely to be determined by trader reaction to the short-term 50% level...
Based on the early price action, the direction of the NZD/USD the rest of the session on Tuesday is likely to be determined by trader reaction to the main Fibonacci level at .6567.
The dollar index (DXY00) on Monday fell -0.05 (-0.05%). Dec euro-fx futures (E6Z9) closed up +0.0008 (+0.07%), and EUR/USD (^EURUSD) rose +0.0003 (+0.03%). Dec yen futures (J6Z9) closed down -0.0006 (-0.07%),...
The dollar index (DXY00) this morning is down -0.123 (-0.13%). Dec euro-fx futures (E6Z9) are up +0.0019 (+0.18%), and EUR/USD (^EURUSD) are up +0.0015 (+0.14%). Dec yen futures (J6Z9) are up +0.00008...
The downtrend may be expected to continue, while pair is trading below resistance level 1.1078 - 1.1097, which will be followed by reaching support level 1.1017
Demand for risk will be the primarily driver of the price action this week, but there are some domestic reports that should be watched. Traders may not be too concerned about the economic data, however,...
With stats on the lighter side, we can expect geopolitics to be in focus. Trade and the UK General Election are likely to be the talking points
For many weeks running, GBP/USD has been trading sideways in the pink consolidation. After moving higher recently, just what are the chances of the breakout sticking?
EURUSD with the pair continuing to retain its consolidation threats, directional move is now a challenge.
Its a big week ahead, with the ECB, the FED, trade, and the UK General Election in focus. Expect the stats to play second fiddle in the week.
Its election week The Tories remain ahead in the polls and the predictions, with the odds also supporting the Pound. Could it be plain sailing?
Based on 4 algo trading strategies developed with the Strategy Factory approach and 3 indicator based algo strategies, the current position bias for Euro Currency is BEARISH.
The dollar index (DXY00) today is up +0.28 (+0.29%). Dec euro-fx futures (E6Z9) are down -0.00375 (-0.34%), and EUR/USD (^EURUSD) is down -0.00413 (-0.37%). Dec yen futures (J6Z9) are down -0.00075 (-0.08%),...
OPEC+ press conference imminent. Oil markets un-enthused. US expected to show +180k jobs created in November, +10k for Canada. Germany reports dismal Industrial Output numbers for October, but traders...
USDSEK decline from November 13, 2019 peak is unfolding in 5 waves impulse structure. This article & video show the Elliott Wave path.
The dollar index (DXY00) on Thursday fell by -0.238 (-0.24%). Dec euro-fx futures (E6Z9) closed up by +0.0024 (+0.21%), and EUR/USD (^EURUSD) rose up by +0.0020 (+0.18%). Dec yen futures (J6Z9) closed...
GBPUSD with the pair remaining biased to the upside more strength is expected in the days ahead.
