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Upside vulnerability in EUR/SEK

From an hourly perspective, the EUR/SEK has reached its lowest momentum reading of the last 20 days of trading.

Moreover, the recent plummeting EUR/SEK price action has been highlighted by an above-average reading in the MACD histogram.

While these momentum extremes could migrate to higher time frames, the latest hourly MACD print shows dissipation of speed, thus communicating risks of a immediate upside vulnerability.

USD/RUB gaining upside traction

USD/RUB gaining upside traction
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EUR futures: a near term top in place?

According to CME Group’s advanced data for EUR futures markets, open interest dropped by nearly 3.9k contracts on Monday vs. Friday’s final reading at
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