EUR/USD Technical Analysis: Triangle Hints at Further Euro Losses
The Euro is consolidating below the 1.18 figure against the US Dollar but chart positioning looks to favor a downward directional bias.
The Euro is consolidating below the 1.18 figure against the US Dollar but chart positioning looks to favor a downward directional bias.
The Japanese Yen has no fundamental cards to play agains the US Dollar, a fact which, unsurprisingly, has translated into considerable technical weakness
Gold broke an important long-term trend-line yesterday, opening up the door for more losses; silver is flirting with an even longer-term trend-line break.