| The EURUSD 100-day MA comes in at 1.07853 and stalled the rally today. |
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US 10 year yield higher. US dollar lower. Technicals are in play for both.
2023-11-24
As the US 10-year yield moves higher, the USD is moving lower. That is not the normal relationship, but it is today.Technicals seem to be in play as the 10-year yield bounces off a key support area near 4.34%. Meanwhile, the USD is breaking to the downside against a number of the major currencies. So technicals seem to be the driving force behind the moves.
EURUSD Technical Analysis
2023-11-21
Here’s a quick technical analysis on the EURUSD pair with some fundamental background.
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EURUSD and GBPUSD move to new highs as London/European traders head for the exits
2023-11-20
Both the EURUSD and GBPUSD are making technical breaks to new highs as European traders exit for the day.
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