OctaFX | OctaFX Forex Broker
Open trading account
Back

EUR Futures: Bullish attempts look unsustainable

In light of preliminary data from CME Group, investors trimmed their open interest positions by around 4.6K contracts on Wednesday, reversing at the same time two builds in a row. In the same direction, volume shrunk by nearly 60.5K contracts.

EUR/USD appears supported near 1.1060… for now

The positive price action in EUR/USD was accompanied by shrinking open interest and volume, hinting at the idea that extra gains look somewhat limited at least in the near-term horizon. In the meantime, the focus remains on the downside, where the 100-day SMA in the 1.1060 region keeps acting as quite a solid contention.

USD/CHF Price Analysis: MACD turns bearish for the first time in a week

USD/CHF takes rounds to 0.9683 during the pre-European session on Thursday. In doing so, the pair bounces off Tuesday’s low.
Read more Previous

Inflation in Malaysia expected to inch higher this year – UOB

After gaining 0.7% during 2019, consumer prices in Malaysia are seen gaining some traction during 2020, according to Senior Economist Julia Goh and Ec
Read more Next
Start livechat