Technical Analysis

EURO FX futures (6E) bulls & bears fight it out

Weekly Chart Analysis:The weekly chart shows the price fluctuating within the Gaussian channel. The recent trend is sideways, with the price fluctuating between the upper and lower bands of the channel. The ‘Higher High’ (H) and ‘Lower Low’ (L) indicate a lack of a clear long-term trend. The RSI is at 54.37, which is neutral, Read More…

Analysis

EUR/USD Futures: Greenback Recovers amid Hawkish Fed, Upbeat NFP

The 2-year yield in the US is nearly 2.5 percent for the first time since early 2019.  The dollar continues to rise despite the mixed note in rates. The key focus for market participants is interest rate hikes in the United States and Europe’s ban on Russian gas. Future prices for EUR/USD (6E1) remain strongly Read More…