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EURUSD pushes above resistance, James Stanley notes

EURUSD pushes above resistance, James Stanley notes
EURUSD surges past resistance level

James Stanley, senior strategist at DailyFX, highlights recent movement in EURUSD, noting a shift from support to resistance levels and a fresh higher-high.

Stanley describes EURUSD as performing well this week and considers it a cleaner option compared to other USD pairs.

Stanley has previously commented on metal markets, noting that gold broke below the 4671 support with sellers gaining control. He also tracked gold's further decline as it approached the $4500 support level amid continued selling pressure. His recent focus on EURUSD follows these recent observations in precious metals.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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