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Decision Time

Decision Time

Last week, I mentioned that…

5 Big Drivers of Higher Inflation Rates Ahead

5 Big Drivers of Higher Inflation Rates Ahead

Investors got lulled into a…

Daily Technical Report

EUR/USD has extended its sharp reversal from key overhead resistance (primarily an important 2 year trend-line). The dramatic move has confirmed the emotionally charged bull-trap that we had anticipated, which had been driven by recent positive EU News.

Key support is now holding at 1.3653 (18th Oct low). A sustained confirmation beneath here will unlock further downside scope into 1.3146 (Oct swing low) and that all-important psychological level at 1.3000.

Daily Technical Report

 

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