• June 22nd 2021: Dollar on the Backfoot; DXY Trades South of 92.00

    June 22nd 2021: Dollar on the Backfoot; DXY Trades South of 92.00

    • June 21, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Down 2.5 percent MTD, June remains on the ropes. Reclaiming May’s gains and also chipping into April’s upside, EUR/USD recently touched gloves with familiar support at $1.1857-1.1352. Upstream is concentrated on 2021 peaks

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  • Weekly Technical Market Insight: 21st – 25th June 2021

    Weekly Technical Market Insight: 21st – 25th June 2021

    • June 19, 2021

    Charts: Trading View US Dollar Index (Daily Timeframe): According to the US dollar index (ticker: DXY), dollar bulls entered an offensive phase last week, awakened on the back of a hawkish Fed tailwind. Climbing 2 percent, the advance not only delivered technical demand at 90.32-90.70, it overpowered resistance at 91.36 (now potential support), as well

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  • June 18th 2021: DXY Out of Hibernation; Gains Test 92.00

    June 18th 2021: DXY Out of Hibernation; Gains Test 92.00

    • June 17, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Down by 2.6 percent MTD, June has reclaimed May’s gains and is now within a stone’s throw from revisiting support at 1.1857-1.1352. Upstream, the technical spotlight is concentrated on 2021 peaks at 1.2349,

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  • June 16th 2021: Dollar Index Moderately off Tops Ahead of Fed Meet

    June 16th 2021: Dollar Index Moderately off Tops Ahead of Fed Meet

    • June 15, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following a three-month retracement, support at 1.1857-1.1352 made an entrance and inspired a bullish revival in April, up 2.4 percent at the close. May also extended recovery gains, trading higher by 1.7 percent.

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  • June 15th 2021: Dollar Motionless Ahead of Looming Fed Meeting

    June 15th 2021: Dollar Motionless Ahead of Looming Fed Meeting

    • June 14, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following a three-month retracement, support at 1.1857-1.1352 made an entrance and inspired a bullish revival in April, up 2.4 percent at the close. May also extended recovery gains, trading higher by 1.7 percent.

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  • Weekly Technical Market Insight: 14th – 18th June 2021

    Weekly Technical Market Insight: 14th – 18th June 2021

    • June 12, 2021

    Charts: Trading View US Dollar Index (Daily Timeframe): Last week’s session observed the US dollar—according to the US dollar index—abandon its two-week indecisive phase and establish moderate gains (0.4 percent). Earlier weekly reports shined the technical spotlight on a descending wedge pattern (a shape exhibiting decreased downside momentum within converging walls [91.43/90.42]). Traders will note

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  • June 11th 2021: DXY off Session Peaks After US Inflation Data; Eyes 90.00 Support

    June 11th 2021: DXY off Session Peaks After US Inflation Data; Eyes 90.00 Support

    • June 10, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following a three-month retracement, support at 1.1857-1.1352 made an entrance and inspired a bullish revival in April, up 2.4 percent at the close. May also extended recovery gains, trading higher by 1.7 percent.

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  • June 10th 2021: EUR/USD Flat as Attention Shifts to ECB Meeting

    June 10th 2021: EUR/USD Flat as Attention Shifts to ECB Meeting

    • June 9, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following a three-month retracement, support at 1.1857-1.1352 made an entrance and inspired a bullish revival in April, up 2.4 percent at the close. May also extended recovery gains, trading higher by 1.7 percent.

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  • June 9th 2021: Markets Rangebound Ahead of Key Events—BoC Today and ECB Thursday

    June 9th 2021: Markets Rangebound Ahead of Key Events—BoC Today and ECB Thursday

    • June 8, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following a three-month retracement, support at 1.1857-1.1352 made an entrance and inspired a bullish revival in April, up 2.4 percent at the close. May also extended recovery gains, trading higher by 1.7 percent.

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  • June 8th 2021: DXY Tentatively Sub 90.00

    June 8th 2021: DXY Tentatively Sub 90.00

    • June 7, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following a three-month retracement, support at 1.1857-1.1352 made an entrance and inspired a bullish revival in April, up 2.4 percent at the close. May also extended recovery gains, trading higher by 1.7 percent.

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  • Weekly Technical Market Insight: 7th – 11th June 2021

    Weekly Technical Market Insight: 7th – 11th June 2021

    • June 5, 2021

    Charts: Trading View US Dollar Index (Daily Timeframe): In the shape of back-to-back doji candles, the US dollar—measured by the US dollar index (ticker: DXY)—extended its indecisive atmosphere last week, ranging between 90.63 and 89.66 session extremes. Although doji candles allude to indecision, a doji pattern, subject to its location, can also be interpreted as

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  • June 4th 2021: Dollar Lifted on Healthy US Employment Data

    June 4th 2021: Dollar Lifted on Healthy US Employment Data

    • June 3, 2021

    Charts: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following a three-month retracement, support at 1.1857-1.1352 made an entrance and inspired a bullish revival in April, up 2.4 percent at the close. May also extended recovery gains, trading higher by 1.7 percent.

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