The price of EURUSD has recently bounced from the important psychological level of 1.0520. This is the 3rd time in the last few days in which the price of EUR has tested this level and hasn’t been able to break through. The technical implications seem to be that the euro is potentially heading back to […]

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  This Thursday at 8:30am EST the US government will release their latest Jobless Claims numbers. If the number is less than the economist consensus there is a 71.4% probability that EUR/USD will trend lower for 4 hours following the news event. This probability is based on the last 12 Jobless Claims events, in which […]

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