After breaking above the 1.5000 psychological level, EUR/CAD is now eyeing a MAJOR area of interest. Will we see the pair extend its gains? Or will bears step in at the 1.5150 resistance zone? We’re...
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EUR/GBP extends the decline to near 0.8310 in Friday’s early European session. The negative outlook of the cross remains intact as the price holds below the 100-day EMA, with bearish RSI indicator. The immediate resistance...
Here is what you need to know on Friday, November 8: Following two days of highly volatile action, financial markets stay relatively quiet early Friday as investors digest the Federal Reserve’s (Fed) policy announcements following...
Momentum has slowed somewhat; any further decline is likely part of a lower trading range of 1.0490/1.0580. In the longer run, price action continues to suggest EUR weakness; the next support level is at last...