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

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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 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).

Friday 22nd May: Heads of major Central Banks meet at 1:30pm GMT today

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EUR/USD: Weekly view: Very little has changed since our last visit to this timeframe, as the buyers and sellers continue to battle for position a few pips from above the weekly swap level coming in at 1.1051. Daily view: A closer look on the daily scale shows that buyers attempted to rally the market higher … Continue reading Friday 22nd May: Heads of major Central Banks meet at 1:30pm GMT today