Technical Analysis
Still falling commodities. EUR/SEK to break 9.3050
EURUSD: It still remains unclear whether wave 5 is in place or if there’s one
Daily Market Technicals
The falling daily trend line ($1.2514) off the Oct monthly highs confirmed significance last week with it capping rallies and pressure having returned to initial support as a result.
Daily Technical Report
EUR/USD continues to move within the horizontal range between the support at 1.2358 and
Technical Alert: Oil drop hurts some more than others. EUR/SEK testing key resistance
EUR/USD unexpectedly puts pressure back on support at 1.2445…
Daily Market Technicals
The falling daily trend line ($1.2514) off the Oct monthly highs continues to confirm its significance with it again having capped rallies and pressure having returned to initial support as a result.
Daily Technical Report
EUR/USD continues to rebound after its successful test of the support at 1.2358.
The dollar remains on the retreat (short-term). Nok exposed to oil
EUR/USD extends near-term gains towards 1.2602\15… USD/JPY could start accelerating a correctional move lower.
Daily Market Technicals
Bulls take comfort in the close above the 21-DMA Wednesday with the $1.2444 support level having confirmed its significance.
The dollar is giving a little something back
EURUSD: A near-term 5-wave sequence has materialized though its ‘wave-5 high’ is still missing,
Daily Market Technicals
The recovery from marginally above the 2014 low continues with the EUR/USD currently flirting with