According to preliminary figures for EUR futures markets from CME Group, investors added just 4 contracts to their open interest positions at the beginning of the week, recording the third build in a row. On the other hand, volume shrunk once again, this time by nearly 152.3K contracts. EUR/USD faces strong resistance at the 55-day SMA EUR/USD is extending the gradual move higher so far this week amidst rising open interest and a sharp decrease in volume. The next barrier emerges at the 1.1360 region, where is located the 55-day SMA. Despite further upside is not ruled out in the near term, the strong drop in volume as of late opens the door for a potential retracement in the near term. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: Looking For A Bearish Setup Around Current Levels; Levels To Watch – ING Yohay Elam 4 years According to preliminary figures for EUR futures markets from CME Group, investors added just 4 contracts to their open interest positions at the beginning of the week, recording the third build in a row. On the other hand, volume shrunk once again, this time by nearly 152.3K contracts. EUR/USD faces strong resistance at the 55-day SMA EUR/USD is extending the gradual move higher so far this week amidst rising open interest and a sharp decrease in volume. The next barrier emerges at the 1.1360 region, where is located the 55-day SMA. Despite further upside is not ruled out in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
