This usually indicates investor indecision and impending volatility. The big report today is U. It comes out at GMT. Traders are looking for 5. With the Brexit talks finally set to kick off, Barnier, the chief European Union EU negotiator stated that Britain was in no position to determine the timings of the talks.

Standing at a 20 day moving average, R2 is well confirmed with 16 models, while the lowest resistance line has … Continue reading Wednesday Support and Resistance Levels — June 21, Euro Continues Slide The Euro has continued to languish against the U.

S Dollar and the 1.

The European currency has been sold early this week, and some traders may continue to look for reversals on the belief it has been oversold. Having said that, it looks as if we are trying to bounce from here, and a short-term buying opportunity may be presenting itself. Given enough time, I think that a breakdown below the 1. It was a slow day yesterday as the economic calendar was pretty much bare which is something that is expected in the second half of the month when the number of economic events become much less and the volatility begins to dry up as a result.

In case if the quote surpasses 1.

Stock Markets Buoyant The stock markets continue to rally around the world as the US stock indexes touch and go beyond their all time highs building on the momentum that came about last week. The Fed did try to put a spoke in the wheel by hiking the rates but the Fed members have been … Continue reading Market Snapshot — A Light Day on The Calendar. The flat rate movement is what suggests no major profits or losses … Continue reading Midday Forex Snapshot — June 20, Full hawkish Dudley boosted the USD yesterday but apart from that market looks rather sleepy and unfortunately many instruments are locked inside the mid-term sideways trends.

Luckily, FX is packed with instruments and we still can find something interesting. First we would like to check the EURJPY.

EUR/USD Forecast – Euro Faces Uphill Task Vs US Dollar | Learn Forex Trading | Best Forex Brokers - cyzopuk.web.fc2.com

Here we do have a flag in an … Continue reading USD with a Boost. This indicates investor indecision and impending volatility.

There are no major economic reports today. The minor report is the Current Account. Standing at a 20 day moving average, R2 is well confirmed with 17 models.

The lowest resistance line has found … Continue reading Tuesday Support and Resistance Levels — June 20, Slight Selling On Fed Rhetoric The Euro has lost more ground to the U.

Trading Currency: EUR/USD | cyzopuk.web.fc2.com

S Dollar the past twenty-four hours. Bullish statements from two U. S Federal Reserve members on Monday essentially saying the U.

S central bank remains on target for another interest rate hike this year may have played a role in trading. Short-term traders can consider this as a good time to sell the pair. The much awaited Brexit negotiations have finally started and the European Union EU leaders have planned to meet on June 22nd to review the recent developments in the talks. Under pressure by the resistance of the November high of 1.

Sideways movement in a trading range between 1.

There is a certain amount of noise just below, and that should cause support, at least for short-term traders. However, we breakdown below, the 1. FX Empire - the company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as link result of reliance on the information provided on this website.

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