- Search Metals Mine
-
Jonstaples replied May 31, 2018The USD index remained softer following the prior day’s declines in close proximity of the 94.00 level to the benefit of its major counterparts. As such, EUR/USD held on to the majority of its recent advances and eyeballing the 1.1700 handle also ...
EURUSD
-
Jonstaples replied May 30, 2018EUR/USD stuck around 10-month lows near the 1.1500 level due to the ongoing European political uncertainty, namely in Italy. Option expiries of note for today's 15:00 BST: None of significance nearby price action. Seems like the EUR/USD found some ...
EURUSD
-
Jonstaples replied May 29, 2018EUR/USD languishing from the political turmoil in the bloc with Italy on course for fresh elections and mired by impeachment calls against its President, while Spanish PM Rajoy is to also face a no-confidence vote later this week. Option expiries of ...
EURUSD
-
Jonstaples replied May 28, 2018EUR/USD reclaimed the 1.1700 handle to the upside on reports that Italian PM-designate Conte gave up on forming a government after President Mattarella rejected Eurosceptic Paolo Savona for the Economy Minister position. Despite the uncertainty ...
EURUSD
-
Jonstaples replied May 25, 2018The USD index was slightly firmer the 94.00 level as it recovered some of the lost ground from this week’s dovish-leaning FOMC minutes. This weighed on its major counterparts across the pond in which EUR/USD eyes a test of 1.1700 to the downside. ...
EURUSD
-
Jonstaples replied May 24, 2018USD index back below 94.00 in the wake of yesterday’s FOMC minutes release which was perceived as a tad dovish and did little to change the current ‘gradual hikes’ backdrop, while it also indicated the Fed would tolerate inflation temporarily above ...
EURUSD
-
Jonstaples replied May 23, 2018EUR/USD failed the rally yesterday and is now under pressure due the German and Eurozone preliminary PMI numbers that came out worse than expected. Further, caution ahead of the Fed minutes release will likely keep the USD bears hibernating. Option ...
EURUSD
-
Jonstaples replied May 22, 2018The major currency pairs traded range-bound and the USD index was sideways around 93.50 following its recent pullback from year-to-date highs. Elsewhere, EUR/USD found some support around 1.1716 but was contained by resistance at 1.1800. Option ...
EURUSD
-
Jonstaples replied May 21, 2018The USD index began the week firmer and at fresh Year-To-Date highs amid the improved tone regarding US trade policy, which effectively helps ease one of the uncertainties for the US economy that the Fed previously highlighted. The USD strength saw ...
EURUSD
-
Jonstaples replied May 18, 2018The USD index remained firm and near Year to Date highs amid rising yields, which in turn kept its major counterparts subdued with EUR/USD languishing at the lower end of the 1.1800. Option expiries of note for today's 15:00 BST: EUR/USD: ...
EURUSD
-
Jonstaples replied May 17, 2018The USD index is weaker on a continuation of the prior day’s pullback however, the EUR/USD did not benefit from it as it came under increased pressure due to Italy's sensitive political uncertainty. Option expiries of note for today's 15:00 BST: ...
EURUSD
-
Jonstaples replied May 16, 2018USD index remained firm with above the 93.00 level after the rise in US yields and with markets leaning more towards the likelihood of 4 hikes this year following an upward revision to Retail Sales. Option expiries of note for today's 15:00 BST: ...
EURUSD
-
Jonstaples replied May 15, 2018The predominantly quiet trade in currencies provided brief breather from the pressure in EUR/USD although remained firmly below the 1.2000 handle and later extended on lows as US yields rose. Option expiries of note for today's 15:00 BST: 1.1775 ...
EURUSD
-
Jonstaples replied May 14, 2018The USD index was somewhat subdued below 92.50 in a continuation of last week’s inflation-provoked pullback and amid the backdrop of Trump policy uncertainty. This benefitted its major counterparts EUR/USD and GBP/USD in which the former was also ...
EURUSD
-
Jonstaples replied May 14, 2018EUR/USD may have room to rise near 1.2041 where is a confluence of a daily resistance and the 200-day moving average. For me that is the sweet spot to short again, low risk high return with the target near the year to date low @ 1.1829.
EURUSD
-
Jonstaples replied May 11, 2018The USD index languished around the 92.50 level after a pullback from the year to date highs seen mid-week and in the wake of the softer than expected consumer price index data. This kept its major counterparts firm, with EUR/USD rallying toward the ...
EURUSD
-
Jonstaples replied May 10, 2018The Major currencies were relatively quiet with the USD index slightly easing back to the 93.00 level. However, the EUR/USD is still making lower lows and lower highs signs that the bearish trend is still in place. Option expiries of note for ...
EURUSD
-
Jonstaples replied May 9, 2018The USD index rose above the 93.00 level and at a fresh year to date high amid rising US yields. So far no support for the EUR/USD although it paused near the previous year to date low at 1.1915 but yesterday broke with a wide range candle and seems ...
EURUSD
-
Jonstaples replied May 8, 2018The USD index initially traded choppy although has since rebounded off its lows which has resulted to a capitulation in EUR/USD. Option expiries of note for today's 15:00 BST: EUR/USD: 1.1850 (0.502 BLN), 1.1900 (0.328 BLN), 1.1950 (1.5 BLN), 1.1975 ...
EURUSD