By: Bradley C Smith
All the heavy news items bombing the EUR/USD pair today look terrible for the dollar, so today's futile analysis with the technicals on these charts goes something like this.
Bollinger Band's, Full Stochastic, StochRSI all touching heaven's front door, while the RSI window shows the RSI still climbing the front steps. The salvo hitting America's currency today, will help the price action continue it's march toward the stars.
We know where this pair is headed, for laughs though, lets enjoy some more detail on the three hour chart. Each indicator, centerlined, lying in wait for the U.S. session and the news releases that will nearly be enough to wake the dead.
7:45am est EUR
Minimum Bid Rate Forecast 1.00% Previous 1.00%
8:30am est USD
Core Retail Sales m/m Forecast 0.3% Previous 1.2%
8:30am est USD
Retail Sales m/m Forecast 0.4% Previous 1.3%
8:30am est USD
Unemployment Claims Forecast 438K Previous 434K
