Tag Archives: $EURUSD

EUR/USD killed me today. I was having fun buying 1.1380s and selling 5 to 6 pips higher but as usual, the market reminded me that buying dips when momentum is on the other side is like picking pennies in front of a steamroller. I did think EUR would be bid …

Yesterday, I highlighted that USD was bid during the North American session and was offered in the Asian session. That is still the case today. USDJPY is trading around 110. It is below it is daily pivot (110.12) and I see it hitting at least the first resistance at 109.80. Today, …

Tuesday’s trading session was as exciting as the volatile FX markets can be. The Euro caught a bid on a rumor reported through Bloomberg that the ECB is said to see June 14 as a live meeting to debate the QE exit. I was fully loaded trading USDCAD but couldn’t …

I will be updating in the morning going into the NY session. EURUSD: Overall EURUSD will struggle to move above 1.18 in short-term. The newly formed Italian government eased uncertainty end of last week, but there are still worries given the fiscal path that the new populist Italian government will …

Quick note here. $DXY hit 94 and I consider this a key area to watch out for. I do see a possibility of fading this area. US 10 year yield is going lower here and DXY could follow. $EURUSD hit a low of 1.1720 and I have 1.171o as an …