Why is EURUSD still rising?

fxstrategist

Established member
577 15
#2
The EURUSD keeps rising, mostly because of weakness in the Dollar. The greenback loses ground versus its main counterparts as the Fed stays on hold on interest rates. The 55 day EMA around the 1.1341 level could act as resistance on the EURUSD.
 

FXX

Experienced member
1,136 186
#3
Both dollar weakness and a correction after an overreaction to ecb policy shift (not as dovish as originally expected)
 

NVP

Legendary member
36,150 1,760
#5
depends on the timeframe you are looking at ......

they are both running bear for 2019 to date and frankly boringly tight together.....see below the green and blue currencies

people chasing the red GBP and brown CAD bull currencies this year are so far getting the best rewards ..........EU is sloooooow

N
 

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