CATEGORY Technical Analysis

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Forex Technical Analysis For: EUR/USD (Daily)

Forex Technical Analysis For: EUR/USD (Daily) Euro EUR/USD Current mark- 1.1290 The fluctuations due to the highly anticipated FOMC meeting Thursday led to a confirmed local bottom at 1.1212. Despite the typical uncertainty, surrounding this fundamental event, the technical bias here is Bullish, for a break through 1.1325 Key resistance, then to 1.1565. Minor intra-day […]

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The Big Fed day

Today’s Fed meeting seems like it has been the one that has been the longest time coming. A couple of months ago, there was almost a universal thinking that we would see rates increased at the meeting. Then came the wobbles that emanated from China, together with the lower oil price. We’ve see inflation data [&hellip

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