Weekly Technical Forecast: Dow’s Incredible Climb is Slowing and EURUSD’s Range is Ripe

Weekly Technical Forecast: Dow’s Incredible Climb is Slowing and EURUSD’s Range is Ripe



Volatility continues to drain from the market, cutting down the opportunities to jump start critical breakouts or trends. That is problematic for US indices like the Dow and S&P 500 given the remarkable run they’ve made these past two months. But it is just as burdensome for overdue ranges in FX like that of EURUSD or tentative breaks from USDJPY.



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