Technical Analysis (31 AUG)

Euro – US Dollar EUR/USD is easing toward 1.0900, stalling the previous recovery in the early European morning on Thursday. The US Dollar finds its feet, as markets turn cautious ahead of key inflation data releases from the Eurozone and the US. If trading above 1.09096 is traded, the growth will likely continue to 1.09642. […]

USD Index regains composure near 103.70 ahead of key data

USD Index regains composure near 103.70 ahead of key data The EUR/USD reached two-week highs at 1.0947 and subsequently experienced a pullback, although it has remained comfortably above the 1.0900 level. The overall bias continues to favor the upside, with support coming from the corrective movement of the US Dollar. Recent data releases from the […]