- Forex: The currency market mostly tracked rising oil prices during the Asian session, but moves were limited in quiet conditions and an empty economic calendar. The USD continues to consolidate its recent gains, but it seems the overall sentiment remains USD positive. For EUR/USD, chartists say 1.4800 is emerging as the key level to watch in the near-term. Unless EUR/USD can take out 1.4800 and maintain that level, the bias is very much to the down side. In the meantime, every EUR rally is still seen as a selling opportunity. USD/JPY looked heavy throughout the session, with bids seen around 109.50/60. On the ... (full story)