EUR/USD Price Analysis: Recovery looks unsustainable
EUR/USD picks up traction and bounces off monthly lows. Another test of the 2021 lows remains on the cards. EUR/USD finally regains the smile and retakes the 1.1700 barrier and … Read More
Tag: Majors
AUD/USD pulls away from session highs, stays afloat above 0.7250
AUD/USD posts modest daily gains following Monday’s decline. Wall Street’s main indexes remain on track to open decisively higher. US Dollar Index edges lower toward 93.00 on Tuesday. Pressured by … Read More
A breach of 1.1700 is not ruled out
EUR/USD attempts a mild rebound to the 1.1740 area. Next on the upside comes the 1.1800 hurdle. EUR/USD puts further distance from Monday’s monthly lows in the 1.1700 neighbourhood. In … Read More
Looks corrective downside near term
DXY eases further ground after recent monthly peaks. Initial support comes at the 93.00 mark. DXY gives away further gains after climbing to new monthly highs near 93.50 at the … Read More
EUR/USD stays flat-lined around 1.1730
EUR/USD trades within a tight range around 1.1720. The dollar follows a cautious note ahead of the FOMC. US Housing Starts, Building Permits next on the docket. EUR/USD exchanges gains … Read More
US Dollar Index struggles for direction around 93.20
DXY stays cautious above 93.00 ahead of key events. US 10-year yields rebound past the 1.34% area. Building Permits, Housing Starts, API report next on tap. The greenback, when tracked … Read More