The EURUSD still have some steam to move up. It is now already reached the EMA 21 in the daily chart, altogether with SMA 200 after being supported by SMA 89 at around 1.2660. A break higher may lead the EURUSD to approach EMA 365 in the daily time-frame.
|Finviz Market Heat map|
The EURUSD and other risky assets rally seen after the release of the better than expected US existing home sales and mostly due to news that the Eurogroup will provide a €44B aid tranche to Greece in December 5. The amount comes €12.5B higher than the figure agreed to.
|EURJPY Daily Chart|
|XAUUSD Daily Chart|