From my humble fully-technical perspective, I see double mountains appearing in a bearish trend for EURUSD. From my fundamental perspective, US Manufacturing PMI was 1 entire point lower than expected but European markets decreased due to new surprise US tariffs on Argentina and Brazil markets. US doesn't abandon trade war, that's why I think EURUSD will form a...
Last Week EURUSD was very volatile. Price has recovered from 1.13000 level. and Showing strength for Upside.This Week price can move upside for 1.15000 and 1.17000 levels as well.My Views are bullish for this week on EURUSD. * Always Move stoploss to cost if price moves more than 50 pips.*
the bulls are coming in control again this week as dollar is under pressure,
situation clearly prefers upside
with targets 1.1090
if price breaks below1.0929
supports are as follows
last week sell has hit the first target
EURUSD seem to be looking at working its way to go down towards parity. The current political and economic climate might seem to suggest the same as well.
With geo-political issues people run towards the Dollar safe haven status again and Euro is always one country away from having another round of news being going everywhere that the union might be...