
Reports this week erroneously suggested that Quebec's Chief Scientist dismissed concerns about the illicit usage of bitcoin, his office said.
via CoinDesk
The Technical Confluences Indicator that the recent fall of the EUR/USD was powerful as it breached a critical cluster of support lines at $1.2360. This opens the door to dropping to much lower levels as support lines are few and far between. The $1.2360 region is the congestion of the Simple Moving Average 50-1h, the SMA200-15m, the Fibonacci [...]
The post Not too much support after EUR/USD broke down appeared first on Forex Crunch.
The EUR/USD is trading lower, yet still within a very tight range. Disappointing euro-zone figures and a Federal Reserve that is keen raise rates may push the pair lower. The technical picture is slightly more bearish but further evidence is needed. The EUR/USD is trading at around $1.2310, lower on the day and close to the bottom [...]
The post Euro-zone weakness is finally expressed in EUR/USD appeared first on Forex Crunch.