Tag Archives: Crude Oil

The dollar is backing off, bonds pound resistance & risk appetites shakes

EUR/USD near-term impulse has turned to the bright side of the force – for the euro that is…

Focus continues to be on the oil market and the potential repercussions on Emerging Markets.

The falling daily channel base at $60.91 remains the initial focus for bears with

EUR/USD in limbo between bullish price action and short-term trend-following tools pointing lower.

Another quiet day on the data front today. Germany releases trade balance and wage costs this morning.

The falling daily channel base at $61.31 remains the initial focus for bears with a close below

EURUSD: The decline below 1.2340 effectively slammed the door to

Layers of resistance remain as immediate focus shifts back to

EURUSD: The outlined touchdown took place a few points above the ideal turning zone,

The main event today is the November labour market report in the US.

Layers of resistance are accumulating as the recovery from

EURUSD: The process of hammering out a low point for wave 5 has taken longer than expected.