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Forex Trading Live: Technical Analysis on the $EURUSD

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It looks like the past couple months were skewed by the hurricanes and now it's leveling out. A reading of November services and composite surveys from Markit - Prior was The ISM non-manufacturing index is due up at the top of the hour.

It surged on the Trump-Russia story reversal and the tax cut but late in the day the gains evaporated into a small decline.

Watch for stops if 1. Down below are also the day moving average at 1. Foster on the other end. May resumes lunch and tells Juncker it's not going to happen just yet and she'll be in touch. Your next data cabs off the rank due out at Another pair in steady retreat at the moment 5 Dec Chewing through some support at 0. European Commission chief spokesperson Margaritis Schinas speaking in Brussels More political positioning comments coming out from the EU side of things.

Still, more talks taking centre stage with no actual signs of an agreement on the cards. A very peculiar post indeed. Anyway, just an update. Cable is recovering some of its poise back, now up to 1.

The current deadline for a funding bill to be passed is 8 December That's only 3 days away. In the midst of Brexit talks and tax reforms, the market is being complacent about the possibility that the US government shuts down as allocated funds run out. Latest data released by Eurostat 5 Dec Slightly disappointing set of numbers from the Eurozone as a whole. The decline was mostly led by a fall in food, drinks, and tobacco.

Among others, textiles as well as non-food products posted a heavy drop as well. Soggy data for this key sector in the UK economy sees the Brexit news-led rally capped at the 1. Forewarned is forearmed, again.

Option related support expected into 1. Title text for next article. Get the ForexLive Newsletter. November ISM non-manufacturing index Tue 5 Dec View Full Article with Comments 2. November final Markit services PMI Asset 24 View More. Market focus will be on US with tax reforms and Flynn in play. US stock market opens flat. Euro sinks to session low as the US dollar catches a broad bid.

DUP's Dodds says they don't want to see Brexit talks fail. Canada Oct total crude oil imports k bpd vs k bpd prev. Canadian Oct trade balance CAD Coming up at the bottom of the hour: US and Canadian trade data Your next data cabs off the rank due out at US and Canadian trade data.

UK's Davis remains confident of a positive conclusion to Brexit talks by end of the week. UK says very close to agreement with EU in Brexit talks but small number of issues remain. ForexLive morning news wrap: Pound in focus again but not the only game in town. More from the order boards 5 Dec. EC chief spokesperson Schinas: EU ready to resume Brexit talks when UK is ready. The market is still ignoring chances of a US government shutdown The current deadline for a funding bill to be passed is 8 December That's only 3 days away.

The market is still ignoring chances of a US government shutdown. Forex option contract expiries for today 5 Dec. Eurozone October retail sales Very confident we can move this forward on Brexit talks.


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