Dear Trader, Please find our updated Trading schedule and general information related to the Presidents Day Holiday on Monday, 18th February, 2019. All times mentioned below are Platform time (GMT +2) Forex (Mon) 18th February 2019 – Normal Trading Hours Precious Metals (Mon) 18th February 2019 – Early Close 20:00 Spot Energies (Mon) 18th February 2019 – XNGUSD & XTIUSD: Early Close … Continue reading Presidents Day schedule 2019
A blend of reasonably encouraging US macroeconomic data along with second-rate European and British numbers, specifically UK inflation, weighed on the single currency.
The EUR/USD dipped its toe into bullish territory Tuesday, staging a modest rebound off H4 support at 1.1271 and recapturing the 1.13 handle. Shattering a six-day losing streak, the pair took advantage of broad-based USD weakness.
Despite limited macroeconomic presence out of both Europe and the US, demand for the greenback intensified Monday.
Boasting historical significance as far back as early February 2015 and capping upside action since late October 2018, long standing support/resistance at 1.1465, once again, contained upside last week
