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EURUSD continues to hold above the 22 months low , as the EU leader summit didn’t offer any immediate solution
Good Morning , – EURUSD continues to hold above the 22 months low overnight, as the EU leader summit didn’t offer any immediate solution to all the new demands from France or any new insight on Greece. Commodity- and EMG didn’t recover either. – Stocks: Nikkei -0.27 %, Hang Seng -0.45 %, Shanghai Composite -0.32 […]
A potential setup for USDCAD
Yesterday, US Markit Manufacturing PMI came in at 52.4, unchanged from the previous month’s near two-year low and below market expectations of 52.8. On the other side, Canadian Retail Sales increase to 0.8%, unrevised from the market’s expectations of 0.4% (Previous: -0.4%). Reviewing the daily technical aspect, USDCAD hit yesterday the trendline (T1) and closed […]
A potential scenario for EURUSD
Today’s agenda includes major news such as US Philadelphia Fed Manufacturing Survey (Previous: 9.1, Forecast: 10.0), US Building Permits (Previous: 1.328M), US Housing Starts (Previous: 1.256M, Forecast: 1.250M), US Continuing Jobless Claims (Previous: 1.722M, Forecast: 1.735M) and Initial Jobless Claims (Previous: 216K, Forecast: 220K). On the other side, earlier in the day, EU annualized Consumer […]