There are just a few to take note of on the day, as highlighted in bold below.
There are just a few to take note of on the day, as highlighted in bold below. The first being for EUR/USD at the 1.1650 level.
The expiries don’t tie to any technical significance and may not feature much into play. That especially if the trading mood in Europe today follows the same theme as it has been in previous days. Markets are gripped by the US-Iran conflict and headline risk is the key thing that is driving trading sentiment at the moment.
The dollar has been a little firmer in the past few sessions but not really pushing gains all too much as the risk mood holds steadier today. That after the retreat in US trading, with yet another day of stalled plans for negotiations between the US and Iran. In the case of EUR/USD, the pair is also continuing to keep around the 200-day moving average at 1.1674 and that is the bigger technical level in play currently.