EURUSD – Halts Recovery, Faces Pullback Risk
EURUSD – The pair now faces pullback risk after halting its upside pressure on Tuesday. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further...
GBPUSD Remains Weak Over Brexit Delay
The British pound continues to trade to the downside against the US dollar, with price briefly dipping below the 1.2850 support level. The GBPUSD pair remains weak after EU and UK negotiators admitted that they would fail to meet the...
EURUSD Outlook: Weak US Data Help Euro Bulls
The Euro maintains bullish in early American trading tone and eventually broke 1.1700 barrier which temporarily capped the advance this morning. Strong advance from 1.1530 (23 Aug trough) holds in red for the third consecutive day and eyes key near-term...
US100 Stock Index Rallies to Fresh Record Highs, Near Overbought Territory
The US100 stock index (NASDAQ 100) continues to rise above the Ichimoku cloud, remaining inside a bullish channel over the past four months, stretching its upward pattern to a fresh record high of 7,581.70 on Tuesday. According to the MACD,...
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