For the eighth consecutive session, the euro has struggled unsuccessfully with the resistance level at 1.1186. Even the daily Marlin oscillator is moving
On Wednesday, the euro fell by 45 pips amid a 0.19% decline in the S&P 500, a 2.78% drop in oil prices, and an increase in the yield of 5-year US government
The euro surged past the strong resistance level of 1.1186. Yesterday's trading volume was above average. The market is once again driven by risk appetite.
Yesterday's Eurozone business activity data for September came out pessimistic. The Manufacturing PMI weakened from 45.8 to 44.8, while the Services PMI showed