EUR/USD is trading near 1.2150 in Asia, representing a more than 1.5% gain for the week. While the pair ticked higher for the third straight day on Thursday, it created a candle with a long upper wick validating the above-70 or overbought signal on the 14-day RSI.
Brexit nerves have triggered a drop from year-to-date highs reached on Thursday of 1.3500. The pair still closed Thursday FX trade with gains of over 80 pips or 0.6%. Talks apparently went badly on Thursday, with level playing field issues reportedly causing problems.
WTI wavers near the upper end of one-week-old bullish flag. The black gold remains positive on a daily basis while taking rounds to the November month’s high, also the highest since March. Risk-on mood, US dollar weakness favor the commodities, US employment data awaited.