OctaFX | OctaFX Forex Broker
Open trading account

SEB: The euro remains on a slippery slope - eFXnews

FXStreet (Łódź) - The eFXnews team remark that SEB points to the continued drop in the EUR/USD, even though not much price action was seen on Monday.

Key quotes

"The next hard ref to look out for below comes with a reaction low of 1.3104 printed this week a year ago."

"Short-term conditions are not stretched as per the deviation from a 21day exponential moving average, or 'monthly average' and this allows for extension towards 1.3065 without exaggerating the move."

'This content has been provided under specific arrangement with eFXnews.'

USD/JPY set sails towards 105.45 – Commerzbank

In the view of Axel Rudolph, Senior Technical Strategist at Commerzbank, the pair could challenge ytd highs around 105.45 in the very near term....
Read more Previous

European stocks advance with ECB in focus

European stocks advanced for a third day in a row Tuesday ahead of the European Central Bank monetary policy decision.
Read more Next
Start livechat