EUR/USD opened the week at 1.1528 and has crawled back to 1.1536, holding the 1.15 handle after last week’s slide. The question every euro-watcher is asking: is this a genuine bottom, or just the pause before the next leg down? The bull case 1.1515 is now a tested level — the pair bounced there in […]
The first week of June delivered a clear message: the dollar is back in charge. EUR/USD closed the week at 1.1523, down 100 pips, after spending five sessions pinned below 1.16. USD/JPY held its break above 160, finishing at 160.33. Even sterling, the market’s darling, slipped to 1.3336. When all three majors point the same […]
1.1577. That’s the low EUR/USD printed on Tuesday, and it matters more than a random number. It’s the weakest level since the pair’s April base, and a clean break would open a move toward 1.1500 that I suspect would accelerate quickly. The anatomy of the decline Go back three weeks: EUR/USD was at 1.1779. Since […]
If you’ve been watching EUR/USD this week, you’ve seen the same thing I have: a slow, grinding fade. The pair opened the week near 1.1770 and has slipped to around 1.1660 by Thursday’s close — not a crash, just a steady drip of selling that tells you buyers are losing patience at these levels. What […]