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.

EUR/USD Analysis

The pair started this morning at $1.2467 after last night’s $1.2465 to $1.2498 holiday-thinned range during the US hours.

Daily FX Update

With the U.S. on holiday, celebrating Thanksgiving, markets are likely to be quiet,

Daily Technical Report

EUR/USD continues to rebound after its successful test of the support at 1.2358.

FX Daily Majors

Today’s highlights: USDJPY spotlight turns towards the price,

The Global Macro Pulse

AUDUSD rallied to 0.8584 in response to a better-than-expected capex survey.

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.