If the pair rises further it will encounter resistance from a major trend-line –a break above that would be required to signal a continuation up towards the top of the range, ushering in a more bul…
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The EUR/USD pair has risen to near to a major multi-year trend-line where it will be tested. Can it break higher and start to move up towards the 1.17 range highs or will it capitulate and fall bac…
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The pair is still technically trapped within a range, whilst fundamentals showing upside potential for both pairs forecast even more sideways action.
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Despite the pair’s strong rebound on Friday following downbeat Q2 US growth data, the pair is still in a short-term down-trend from a technical point of view.
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What kind of an impact would a Donald Trump victory in the November US Presidential election have on global currencies?
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Ahead of the all-important US Federal Reserve policy decision and communication we note that the EUR/USD is trading with a positive tone.
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Survey data shows German business people were not as pessimistic about the outlook for the economy and their businesses in July.
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