EUR futures: door still open for extra downside

Pablo Piovano FXStreet

According to preliminary data for EUR futures markets from CME Group, investors added 714 contracts to their open interest positions on Tuesday, reaching the fourth consecutive build in a row. Volume, in the meantime, rose by around 64.7K contracts, extending the choppy activity for yet another session.

EUR/USD keeps looking to 1.1100

The leg lower in EUR/USD remains well in place today, leaving the chances intact for another probable test of 2019 lows in the 1.1100 neighbourhood in the near term. This view remains supported by rising open interest.

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Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

EUR/USD recedes to daily lows near 1.1850

EUR/USD keeps its bearish momentum well in place, slipping back to the area of 1.1850 to hit daily lows on Monday. The pair’s continuation of the leg lower comes amid decent gains in the US Dollar in a context of scarce volatility and thin trade conditions due to the inactivity in the US markets.

GBP/USD resumes the downtrend, back to the low-1.3600s

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XRP steadies in narrow range as fund inflows, futures interest rise

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