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After a temporary correction seen the previous day, bulls resumed control on Thursday, pushing EUR / USD higher, in an attempt to test the 2017 high at 1.2092.

EUR/USD: FOMC minutes lead USD movement

Having found a solid support just ahead of the 1.2000 level on multiple occasions, the EUR / USD pair is extending its solid rebound above 1.2050, as a new sale of the generalized USD returns to the market before the macroeconomic publications of the United States. United. The US…

EUR/USD news:

Senior Technical Analyst at Commerzbank Axel Rudolph said the pair could move higher as long as it trades above 1.1681.

Key Quotes

"While the EUR/USD remains above its peak at 1.1681, while it remains above here, there…

The Elliott Waves resemble the waves of the sea, after each wave that enters the beach, is followed by a wave of greater or lesser strength, leaving it captured in the sand that has managed to enter the water on the mainland. Charles Dow, the father of technical analysis, creator of the DOW JONES stock index and the Wall Street Journal, noticed this situation after a leisurely visit to the beach, after…

The yen strengthened in the market after a lower-than-expected reading of US wholesale inflation in July and after Wall Street's red opening. The USD/JPY is trading at 109.50, the lowest level since June 14.

The price remains negative and is testing the support of 109.50, in case of falling below, the next areas to take into account can be seen at 109.10 / 15 (June 7 low) and 108.80 (June low).

Downward…