The EURUSD is in a range-bound between 1.1694 and 1.1760. The EURUSD has been confined in a tight 60-pip trading range. The trade war began officially on July 6th between the U.S. and China.  The US is pushing further and slapping tariffs on $200 billion of Chinese goods.  The news…

Is euro taking a short break or 1.20 against the U.S. dollar too tough to break? Admittedly, the euro has had an incredible run since April.  As you could see in the daily chart, the euro has risen more than 1500 pips from 1.0570 to as high as 1.2092 since…

The euro seesawed today and fell below 1.18 after the brief run-up during the early Asian session. The euro’s short lived strength against the U.S. dollar from yesterday did not pan out.  The euro reversed its course and headed down toward the sub 1.18 level. There have been 2 trades…