Monday 18th May: Weekly Technical Outlook and Review
EUR/USD retained a modest offer over the course of last week, testing and holding south of the 2016 yearly opening level at 1.0873. A bump lower this week could have multi-year lows enter at 1.0635, while firming may eventually witness the 2020 yearly opening level at 1.1222 make a play.
Friday 15th May: Technical Outlook and Review
Key risk events today: China Fixed Asset Investment ytd/y and Industrial […]
Thursday 14th May: Technical Outlook and Review
Key risk events today: Australia Job’s Data; New Zealand Annual Budget […]
Wednesday 13th May: Technical Outlook and Review
Key risk events today: Australia Wage Price Index q/q; RBNZ Official […]
Tuesday 12th May: Technical Outlook and Review
Key risk events today: Australia NAB Business Confidence; US CPI m/m […]
Monday 11th May: Weekly Technical Outlook and Review
Overall, though, EUR/USD has been involved in a long-term downtrend since topping in early 2018. A nudge lower could see multi-year lows enter sight at 1.0635, while firming may eventually witness the 2020 yearly opening level at 1.1222 make a play.
Friday 8th May: NFP Day – Remain Vigilant
Key risk events today: RBA Monetary Policy Statement; ECB President Lagarde […]
Thursday 7th May: Pound Slumps Ahead of BoE Rate Decision
Key risk events today: Australia Trade Balance; China Caixin Services PMI; […]
Wednesday 6th May: Dollar Trades Higher Ahead of ADP Employment
Key risk events today: EU Economic Forecasts; US ADP Non-Farm Employment […]
