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22 Jan 2020

EUR Futures: Risks further downside

In light of flash data for EUR futures markets from CME Group, investors added around 5.4K contracts to their open interest positions on Tuesday, recording the second consecutive advance. Volume, in the same line, reversed the previous drop and rose significantly by near 100K contracts.

EUR/USD faces a potential move to 1.1065

EUR/USD’s negative price action on Tuesday was in tandem with rising open interest and volume, opening the door for the continuation of the correction lower to, initially, the 100-day SMA in the 1.1060 region.

Jan 22, 2020

Forex Today: China’s response to virus outbreak revives risk; a light session ahead

China’s transparency and the announcement of measures to counter the coronavirus outbreak calmed unnerved markets and revived risk appetite in Wednesd
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Jan 22, 2020

EUR/GBP Price Analysis: Six-week-old support trendline on seller’s radar

EUR/GBP drops to the intra-day low of 0.8486 by the press time of the pre-European session on Wednesday.
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