Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightEuro Firm after Solid PMIs and German Ifo, But Outshone by Commodity Currencies Euro remains firm against most major currencies but is outshone by commodity currencies today. Solid economic data from Eurozone lifts sentiments with major European indices trading higher at the time... Trade Ideas** Subscribe to our Trade Idea Alerts Here ** Trade Idea: AUD/USD - Buy at 0.7420 As aussie has risen again after brief pullback, adding credence to our view that low has been formed at 0.7329, hence consolidation with upside bias remains for further gain to resistance at 0.7556... Trade Idea Update: USD/JPY - Sell at 112.05 The greenback has remained confined within near term established range and further sideways trading within this familiar range would be seen and another corrective bounce to resistance at 111.74 is... Technical OutlookEUR/USD Mid-Day Outlook Intraday bias in EUR/USD remains on the upside as 1.1161 minor support holds. We stay cautious on strong resistance from 1.1245/98 (138.2% projection of 1.0339 to 1.0828 from 1.0569 at 1.1245) resist... Options & OrdersUS session: options and orders watch EUR: Euro has eased from 1.1268, offers are still noted at 1.1275-80, 1.1300 and 1.1320, sell orders are reported at 1.1350, 1.1380 and 1.1400. On the downside, bids are seen at 1.1200-10 and 1.118... ContributorsEUR/JPY: Markets Demand Tighter ECB Monetary Conditions USDX Forecasting the Decline after Flat EUR Spikes Again on Eurozone Data Markets Mixed as Investors Tread Carefully Trump Risk and Geopolitics Weighs on Pound, Stocks, Supports Yen Euro Climbs Further After Merkel Says It's 'Too Weak' Swiss Trade Data Disappoints, CAD Rises Amid Positive OPEC Rumours Dollar Continues To Slide As EURUSD Rises To A Fresh 6-Month High Economic Data
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