Thursday 21st May: Technical Outlook and Review
Key risk events today: RBA Gov Lowe Speaks; French Flash Services […]
Wednesday 20th May: Technical Outlook and Review.
Key risk events today: UK Inflation; Canada Inflation; BoE Gov. Bailey […]
Tuesday 19th May: Technical Outlook and Review
The euro kicked off the week strongly amid heightened risk appetite. EUR/USD rebounded from 1.08 following a slowing in Eurozone COVID-19 cases and reports France and Germany are now backing joint EU debt issuance.
Monday 18th May: Weekly Technical Outlook and Review
EUR/USD retained a modest offer over the course of last week, testing and holding south of the 2016 yearly opening level at 1.0873. A bump lower this week could have multi-year lows enter at 1.0635, while firming may eventually witness the 2020 yearly opening level at 1.1222 make a play.
Friday 15th May: Technical Outlook and Review
Key risk events today: China Fixed Asset Investment ytd/y and Industrial […]
Thursday 14th May: Technical Outlook and Review
Key risk events today: Australia Job’s Data; New Zealand Annual Budget […]
Wednesday 13th May: Technical Outlook and Review
Key risk events today: Australia Wage Price Index q/q; RBNZ Official […]
Tuesday 12th May: Technical Outlook and Review
Key risk events today: Australia NAB Business Confidence; US CPI m/m […]
Monday 11th May: Weekly Technical Outlook and Review
Overall, though, EUR/USD has been involved in a long-term downtrend since topping in early 2018. A nudge lower could see multi-year lows enter sight at 1.0635, while firming may eventually witness the 2020 yearly opening level at 1.1222 make a play.
