• 718 days Will The ECB Continue To Hike Rates?
  • 718 days Forbes: Aramco Remains Largest Company In The Middle East
  • 720 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,120 days Could Crypto Overtake Traditional Investment?
  • 1,125 days Americans Still Quitting Jobs At Record Pace
  • 1,127 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,130 days Is The Dollar Too Strong?
  • 1,130 days Big Tech Disappoints Investors on Earnings Calls
  • 1,131 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,133 days China Is Quietly Trying To Distance Itself From Russia
  • 1,133 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,137 days Crypto Investors Won Big In 2021
  • 1,137 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,138 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,140 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,141 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,144 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,145 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,145 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,147 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

Daily Technical Report

EUR/USD has registered a lower high at 1.3199 and is currently recovering after probing under 1.2946.

Our cycle analysis successfully signaled increased volatility within the first two weeks of December across "risk" proxies, including the equity and commodity markets.

We have also seen a re-test of the major low in 2011 at 1.2860, reaching 1.2858 thus far.

Inversely, the USD Index has extended its recovery higher to 80.85 so far (a move worth over 10% from the summer 2010 lows).

Speculative (net long) liquidity flows are strengthening once again and will continue to help resume the USD’s major bull-run from its historic oversold extremes (momentum, sentiment and liquidity).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment