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US Dollar Techs, Fundamentals at Odds; Important Day for Gold

Talking Points – The technical structure for the DXY Index has improved in recent days, but today’s economic data disappointed significantly, handicapping US Dollar gains. – Similarly, the US-China trade negotiations have seemingly reached another impasse, providing a fresh lifeline for safe haven assets like the Japanese Yen and Gold. – Retail traders may finally […]
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EUR/USD Price Outlook: Euro Sell-off Intensifies– Support In View

Euro broke below October opening-range yesterday and keeps the focus on a late-month low in the single currency. Today’s post-ECB decline is now approaching key support targets and puts the broader short-bias at risk into these levels. Here are the updated targets and invalidation levels that matter on the EUR/USD charts. New to Forex Trading? […]
EUR/USD Price Outlook: Euro Sell-off Intensifies– Support In View

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