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Forex News

EUR/USD path of least resistance is down ahead of the Non-Farm Payrolls – Confluence Detector

EUR/USD has already lost more than 50% of its gains from 1.0640 to 1.1150. Will it continue lower? The all-important US Non-Farm Payrolls awaits traders.    The Technical Confluences Indicator is showing that r...

EUR/USD: ???????? ?????? ???????? ?????????
Forex News

EUR/USD path of least resistance remains up, 1.1287 in sight – Confluence Detector

EUR/USD has been riding higher amid lower US yields, as investors fear the economic impact of the coronavirus outbreak. Where next?  The Technical Confluences Indicator is showing that euro/dollar faces mild re...

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Forex News

Consolidation opening up a path higher – MUFG

Analysts at MUFG Bank, explain the trade idea of a long USD/JPY position at 110.10 with a target at 112.00 and a stop loss at 109.00.  Key Quotes: “One risk to this trade idea is a sudden escalation in trade co...