EUR/USD - Indecision ahead of the IFO data, will it retake the rising trend line?

The back-to-back Doji candles on the weekly chart suggests indecision, especially on the part of the bears, given the repeated recovery from the 23.6% Fib support despite the bearish RSI divergence and the breach of the trend line sloping higher from the April 17 low and May 11 low.

GBP/USD Forecast: runs the risk of a reversal if remains below 1.2800 handle

More EUR/USD News

USD long positions reduced, GBP shorts cut - ANZ

More GBP/USD News

USD/JPY stuck in range around 111.30, eyes on US data

More USD/JPY News

Preferred brokers in your location

Broker promotions

Economic calendar

Real-time rates

Customize your rates

Trading Positions

Live Video

Upcoming Shows

Date Event Title Sponsor More Info
Premium US Pre-Market Open Ed Ponsi Event Details
Premium US Session Open Ed Ponsi Event Details

Recorded videos

currencies forecast poll

Have you seen these interesting charts?

Have you visited our Forex Forecast page?

What do you know about Forex rates?


More real-time rates

preferred brokers in your location