Monthly Archives: February 2018

Daily Technical Report 26 February 2018

EUR/USD is turning positive, heading higher for hourly resistance at 1.2434 (06/02/2018 high). Hourly support remains at1.2165 (17/01/2018 low). The technical structure suggests upside moves. • In the longer term, the momentum is turning largely positive. We favor a continued bullish bias. Ke…

Dollar weakness resuming ahead of Powell testimonies

The recovery seen on the US dollar in recent sessions seems to once more be ebbing away as traders have come back to their desks to sell the Greenback on Monday morning. Treasury yields may not have not been such a primary factor in driving the dollar moves in recent weeks, but with rates falling…

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