The EUR/USD reached a fresh four-week high, around 1.0765 but, gave up some 30 pips to close the week below the key level at $1.08000 on the back of positive US data. So from a technical perspective, I intend to use the key level and bearish trendline as a guide going into the new week as a breakout or rejection of this confluence could be the signal that will...
OANDA:SPX500USD With the economy reaching PEAK FEAR, very likely we have reached the bottom... But I wouldn't base it on pure fundamentals... Here we see clear Institutional Demand Levels. We have just encountered a substantial demand zone increasing the possibility that we have reached a bottom in the market. We can start to see and trace this evidence in the...