EUR/USD: The pair tested fresh monthly highs and is trading above the 1.1400 handle as a rally driven by broad market USD weakness drives momentum. But Euro’s lack of strength prevented price action from gaining a sharp breakout to the topside resulting in price consolidating around the 1.1405 mark. Traders now await US data for short term profit opportunities.
Please feel free to share your thoughts with us in the comments below.
TOP BROKERS
The multi-regulated CFD broker with 180+ products BRIEF INTRODUCTION The Vantage Group of Companies was incorporated in 2009 by a
A comprehensive analysis of an award-winning broker BRIEF INTRODUCTION Samtrade FX is incorporated in Saint Vincent and the Grenadines under
The Israeli-based multi-asset company with 2000+ products BRIEF INTRODUCTION Plus500 is a trademark of Plus500 Limited, an Israel incorporated firm
BRIEF INTRODUCTION Pepperstone, founded by Owen Kerr and Joe Davenport, is an FX and CFD broker based out of Melbourne,
An in-depth analysis of the top Australian forex broker Introduction to the top CFD broker IG Markets Ltd is the
The tier-I regulated broker with the lowest spreads in the industry BRIEF INTRODUCTION IC Markets is the trading name of