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25 Feb 2020

EUR Futures: Extra upside remains on the cards

Open interest in EUR futures markets rose for the second consecutive session at the beginning of the week, now by nearly 1.3K contracts according to preliminary figures from CME Group. On the other hand, volume reversed two builds in a row and shrunk by around 4.2K contracts.

EUR/USD targets the 1.0880/90 band

The recovery in EUR/USD appears to have further legs to go amidst rising open interest, although the downtick in volume warns some caution. That said, the pair still faces a strong resistance in the 1.0880/90 band, where coincide a Fibo retracement and the October 2019 low.

Feb 25, 2020

Asian stocks recover following China’s coronavirus headlines

Asian equity bears pause for a break on Tuesday as coronavirus (COVID-19) headlines from China placate traders after portraying a sea of red the previ
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Feb 25, 2020

Forex Today: Turn-up Tuesday? Dollar, stocks bouncing, Gold down, after coronavirus-related plunge

Here is what you need to know on Tuesday, February 25: Markets: S&P futures are on the rise after a massive sell-off in markets on Monday, with some i
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