Current price – 1.08258 As we can see on the chart above Eu is in Accumulation/Distribution period , it’s going to touch the support line and start gaining position for a new uptrend, first point for eventually resistance is located at 1.10 approximately, if it breaks the line next point we are going to … More EUR/USD ; DAILY CHART
It would take a move up through $35, near the December low, to indicate a more significant corrective rally is under way. That’s the area of immediate resistance but it’s a long way from where we are now. Energy shares rallied with oil prices on Friday, leading gains on the MSCI AC Asia Pacific … More Rally for Oil ?!