We are all inclined to judge ourselves by our ideals; others, by their acts. ~ Harold Nicolson
Good morning. Euro pulled back after last week’s EU Summit rally, so the question now is whether current decline is corrective.
Market sentiment: intraday – bullish, short-term – slightly bearish
Same picture as above, but reversed. So bears should be happy while USD holds below .9550 and .9590
Market sentiment: intraday – bearish, short-term – neutral
Not much to do yet as cable is still in consolidation mode above recent barrier. More upside action is likely, as cable is one of the main followers of risk pairs (see below), which are bullish these days
Market sentiment: intraday – bullish, short-term – bullish