It’s been a strong start to 2025 for EUR/USD and Q3 has so far started with a pullback. Bulls are on the spot as to when or w...
Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities & stocks into the w...
The US Dollar broke down to a fresh three-year low this week, and EUR/USD broke out. The big question now is whether the Fed lays the groundwork for rate cuts in the second-half of the year.
USD bears have had an open door to press fresh lows after this morning’s CPI data came in below expectations. So far, they’ve been thwarted.
Tomorrow’s CPI release is big as it’s expected to be a change of pace, following three consecutive months of drawdown in YoY headline CPI figures.
USD bears have had an open door to run a break but, so far, they’ve continued to get shy on prints of fresh lows. Tomorrow’s NFP report represents an important driver for the matter.
The US Dollar remains near multi-year lows but whether USD bears can take over seems driven by macro dynamics in USD/JPY.
The US Dollar held a strong trend through the first three weeks of April but for the past month, it’s been stalled at a major spot on the chart. Is a larger turn in store for the greenback?
The USD has continued to soften from the 102 resistance that came into play last week, but from the daily chart bulls still have a chance as they’ve put up a fight to support prior resistance.
USD bears had open invitation to re-take control of the trend at the start of this week, but so far have been stalled at higher-low support with bulls coming in with defense.
The weekly USD bar doesn’t look all that strong but the context matters, as USD bulls have so far defended higher-low support from the daily chart.
The US Dollar held just inside of 102 on Monday and then pulled back after CPI tomorrow. Bulls have so far held a higher-low but this puts a lot of emphasis on tomorrow’s economic calendar.
