EURUSD daily chart, demand looks to be setting from 1.0490 to 1.0520. The EUR resisted yesterday’s strong selling and saw a higher 4H bur are buyers once again rejected sellers at the 1.0490 support area.
Today sellers are trying to make a new test, but while we see support remain in play, we will continue to look for buyers to hold their ground and possibly...
A heavy shift in momentum sent risk markets sharply lower yesterday. Cryptos also took a beating as traders jumped out of risk assets. Bitcoin was cut down, losing over 8%. Sellers broke through 37,600 support seen on the 4H chart.
Looking at this move, do we see a new breakout lower? We have a series of LHs leading to a new move lower, signalling a normal...