Tuesday 26th May: Daily technical outlook and review.

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EUR/USD: Weekly view: Last week’s trading action shows that the Euro sold off from a weekly supply area coming in at 1.1532-1.1278, resulting in price taking out a weekly swap level seen at 1.1051, and potentially clearing the path south down towards the weekly demand zone positioned at 1.0519-1.0798. Daily view: From this angle, we … Continue reading Tuesday 26th May: Daily technical outlook and review.

Monday 25th May: Weekly technical outlook and review: (Europe/London/U.S Bank holidays today).

IC Markets No Comments

EUR/USD: Weekly view: Last week’s trading action shows that the Euro sold off from a weekly supply area coming in at 1.1532-1.1278, resulting in price taking out a weekly swap level seen at 1.1051, and closing on its lows at 1.1008. Provided that the sellers can hold the market below 1.1051 this week, we may … Continue reading Monday 25th May: Weekly technical outlook and review: (Europe/London/U.S Bank holidays today).