EURUSD Analysis - Buyers Fight for More Buying Dominance EURUSD changes course to bullish favor at the beginning of this week. The pair has been on a bumpy ride this week, with buyers questioning the bearish dominance from the early days of the week. The Parabolic SAR (Stop and Reverse) indicator …
Forex Strategies
Dash 2 Trade (D2T/USD): Bullish Trend Triggers Below $0.0096
The $0.010 price level was formally the bullish last line of defense; the $0.011 price level has been a higher demand line that has kept the D2T bear market pegged around $0.0115. However, bullish exhaustion and low volume of trade may have made the market slide below the $0.01 price level. Key …
EURUSD Sees Opportunity in the Slow US Economy
EURUSD sees an opportunity in the slow US economy. The US factory orders have been a major signal for the decline in the US dollar, giving rise to the Euro market. This growth has been acknowledged by the European Central Bank, which has indicated that it will raise the interest rate as the EUR/USD …