EURUSD Analysis: Euro just poked above the top of this cloud for this first time in a long time

EURUSD

The Euro has entered a period of correction off the 2018 low, rallying up into an important zone. In fact, the major pair has just poked back above the Ichimoku cloud for the first time since April, which if sustained, could officially result in this market transitioning from correction to uptrend.

In this analysis, we take a look at EURUSD each day, highlighting all of the need to knows for anyone looking to extract up to date information on the major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding Euro or US Dollars, looking for an idea of where they may want to consider making that next conversion.

The EURUSD update is new each day and is presented with an added layer of animation, in an effort to make the analysis as engaging as possible, while also communicating the message with respect to key trends and levels in an easy to understand, seamless manner with great value add to all.