EURUSD Price Analysis: Bulls and bears about to go head to head – by fx_ross EURUSD Technical Analysis
se in the upcoming US Consumer Price Index report. US yields and the greenback rallied on a soft US Treasury auction which has left a bearish outlook on the charts for the rest of the week as the following illustrates from a bearish perspective. The bearish trend is dominant and the bears eye a break of the 0.9990s for a run to test below 0.9950 and the last quarter of the area.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EURUSD Price Analysis: Bulls take a breather on the way to 1.0150EURUSD Price Analysis: Bulls take a breather on the way to 1.0150 – by anilpanchal7 EURUSD Technical Analysis ChartPatterns TrendFollowing SupportResistance
Read more »
EURUSD Price Analysis: Solid resistance emerges around 1.0100EURUSD’s strong recovery appears to have met a tough hurdle at the 1.0100 zone so far this week. If the pair manages to surpass this zone in a sustain
Read more »
NZDUSD Price Analysis: Bulls holding above key 0.5950 as bears try to take back controlNZDUSD spiked as the US Dollar sold off on Tuesday, extending the losses that started to take shape on Friday. Tuesday was the third day of longs in t
Read more »
Gold Price Analysis: XAUUSD bulls break a critical trendline as US Dollar bears move inThe Gold price is running higher on the day as the US dollar falls away while XAUUSD head close to the $1,720s scoring a high of $1,716.97 so far. DXY
Read more »
AUDUSD Price Analysis: Bulls capitalize a corrective move to the 20-EMA around 0.6500AUDUSD Price Analysis: Bulls capitalize a corrective move to the 20-EMA around 0.6500 – by Sagar_Dua24 AUDUSD Fed Inflation SupportResistance Momentum
Read more »
GBPUSD Price Analysis: Bulls are lurking at key support, eyes on a correctionGBPUSD was offered as the US dollar and yields rallied due to the US treasury notes selling today at 4.140% compared to 4.106% in the moments before t
Read more »