• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Forex News

Currency Trends & Insights

  • Forex News
  • Forex Brokers
    • AvaFX Review
    • Easy Forex Review
    • eToro Review
  • Glossary
  • Articles
    • The FOREX Market Overview
    • Can I Profit from Money Exchange Rates?
    • The Role of Supply and Demand
    • Advantages of Forex Trading
    • Factors that Directly Affect Forex Trading

Dollar Bulls are Liquidating

May 22, 2017 by eurusd.co Leave a Comment

The strong Euro rally is now causing USD bulls to liquidate their positions. While the Euro is now overbought, it does look set to test 1.14 and the 1.16 in the coming weeks. However, a move to those levels may need a deeper correction to 1.0875, and that may take longer to play out. The data expected this week is unlikely to affect the market, though there is always the chance of unexpected political news. Read More on eurusd.co

Filed Under: Uncategorized

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Like Us

Like Us

Categories

  • Analysis (151)
  • Books (1)
  • Brokers (1)
  • Euro (97)
  • EURUSD (141)
  • GBPUSD (106)
  • General (138)
  • Signals (7)
  • Yuan (1)

Archives

Return to top of page

ForexNews.co · Copyright © 2021 · Log in