Large Gain in Dow Jones Industrial Average Presses Resistance
Dow Jones faces resistance after popping higher on Tuesday. Though we are still in a corrective move, sentiment suggests another pop higher.
Dow Jones faces resistance after popping higher on Tuesday. Though we are still in a corrective move, sentiment suggests another pop higher.
EUR/USD prices have continued to range this morning, as US Dollar pairs continue to seek direction.
Dow Jones sell off enters the support zone identified on Wednesday. The retracement is minimally deep enough in price, but shallow in time.
The GBP/USD prices remain largely unchanged ahead of tomorrow’s NFP data.
The EUR/USD is currently trading at today’s central pivot, moving into today’s ISM release.
Dow Jones selloff appears unfinished. Two separate areas of confluence may support the market if the selloff ensues.
The NZD/USD has failed to breakout higher after this morning’s ISM release.
EUR/USD prices continue to range after German CPI data meets expectations.
The GBP/USD has traded to new weekly highs on missed US Durable Goods figures.
After an initial false breakout, the EUR/USD is again attempting to trade higher.