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EUR/USD Faces First Oversold RSI Reading Since February 2020
Article By: David Song
Friday, June 18, 2021 4:28 PM EDT
.EUR/USD trades to a fresh monthly low (1.1867) as it extends the series of lower highs and lows following the FOMC interest rate decision, and recent developments in the Relative Strength Index (RSI) warn of a further decline in the exchange rate.
In this article: FXE, UUP
Fed Meeting And Staff Projections To Move US Dollar
Article By: Vantage Point Trading
Wednesday, June 16, 2021 8:08 AM EDT
The FOMC statement and the Fed staff projections are due in the second half of the North American session. The US dollar is in focus today, and financial market participants prepare for increased volatility.
In this article: FXE, FXA, SPX
CoT This Week - What Funds Are Buying, Future Hints
Article By: Paban Pandey
Sunday, June 13, 2021 8:29 PM EDT
The overall action is listless, with bulls beginning to wish for softer economic data, even as they doggedly maintain a buy-the-dip mentality.
In this article: FXE, QQQ, GLD, IVV, IWM, OIL, SPY, TLT, UDN, UUP, VOO, VIX
Euro Forecast: EUR/USD Price Outlook Neutral, Hoping For FOMC Guidance
Article By: DailyFX
Sunday, June 13, 2021 2:41 PM EDT
The coming week will be dominated by hopes for guidance on US monetary policy by the rate-setting Federal Open Market Committee, just as the past week was dominated by Thursday’s US inflation data and the latest meeting of the European Central Bank.
In this article: FXE Also: UUP
Forex Forecast: Pairs In Focus - Sunday, June 13
Article By: Daily Forex
Sunday, June 13, 2021 12:37 PM EDT
Overall, next week’s price movement in the U.S. dollar looks slightly more likely to be upwards than downwards. This suggests that trades long of the USD against other currencies are most likely to be appropriate over this coming week.
In this article: FXE, FXB, FXY, USO, UUP, SPX, FXC

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