The bond market is arguing with the Federal Reserve, as the Fed may have made a policy mistake with that 50 basis point cut. This is a situation where people are chasing the biggest yield, something that people thought was leaving from the United States.E...
2 weeks agoEUR/USD Technical AnalysisThe Euro rallied just a bit during the trading session on Thursday as we tried to break above the 1.08 level. Whether or not we can stick above there, then continue higher is the question. And right now, I think basically what we...
2 weeks agoEUR/USD Technical AnalysisThe Euro has been back and forth against the US dollar during the early hours on Friday, but at this point in time, the candlestick that actually catches my attention is Thursday’s, and this is because it was so massively bullish...
2 weeks agoEUR/USD Technical AnalysisThe euro has fallen a bit against the US dollar during the course of the week, but we have seen a little bit of a pushback in the back half of the week, especially on Thursday. That being said, this is a market that I think is ju...
2 weeks agoEUR/USD Technical AnalysisThe Euro has rallied just a little bit during the early hour on Monday, as the 1.08 level continues to be a significant support level. This is an area where market participants have pushed back a couple of times now, and in the p...
1 week agoEUR/USD Technical AnalysisThe euro initially did try to rally a bit during the trading session on Tuesday but gave back gains and showed signs of hesitation Ultimately, this is a market that I think given enough time probably needs to make a bigger decisi...
1 week agoEUR/USD Technical AnalysisThe euro initially did rally against the US dollar on Wednesday, but we have since seen a bit of a turnaround, and now it looks like we are going to stay in the same range between 1.0750 at the bottom and 1.0850 on the top.That’s...
1 week agoEUR/USD Technical AnalysisThe Euro rallied ever so slightly in the early hours on Thursday, but really at this point in time, it looks like the market is still trying to sort out where the US dollar is probably going to go. Did we just bottom? I think tha...
1 week agoEUR/USD Technical AnalysisThe euro has rallied just a bit during the early part of the week pulled back and then rallied again on Friday. All things being equal, this is a market that I think will continue to see a lot of chop and of course support near t...
6 days agoEUR/USD Technical AnalysisThe Euro has been all over the place during the course of the session on Friday as the jobs report came out rather disappointing, but at the same time, you have to recognize that the employment numbers in the United States are sk...
6 days agoEUR/USD Technical AnalysisThe euro has rallied a bit against the U.S. dollar, but it is banging up against that crucial 200 day EMA and the 1.09 level. It’ll be interesting to see how this plays out because this is an area that could be a bit of a headach...
4 days agoEUR/USD Technical AnalysisThe Euro rallied a little bit in the early hours on Tuesday to reach the crucial 200 day EMA, but that being said, there are a lot of questions to ask about what’s happening because quite frankly, we have the US elections going o...
2 days agoEUR/USD Technical AnalysisThe Euro has been trashed overnight against the US dollar dropping a whopping 250 points or so, as Donald Trump won the US presidency, the Republicans won the Senate, and the Republicans retained the House of Representatives. In...
2 days agoEUR/USD Technical AnalysisThe euro has rallied ever so slightly during the early hours on Thursday, as we continue to see a lot of noisy behavior, but Thursday was a little bit calmer, at least so far. Keep in mind that the Federal Reserve has an interest...
1 day ago