EUR/USD Open 1.3920 High 1.3936 Low 1.3854 Close 1.3931Euro/Dollar corrected upwards at the beginning of this week. The currency couple climbed to 1.3920 on Monday, where the upward correction was limited, and the currency couple closed the...
EUR/USD Open 1.3874 High 1.3985 Low 1.3854 Close 1.3857Euro/Dollar was under pressure on Friday, in search of support, after news that tightening the monetary policy in China may derail global economic recovery, and damp trading appetite. The...
EURUSD’s downtrend form 1.5144 extended further to as low as 1.3861 level. Deeper decline is still possible next week and next target would be at 1.3500-1.3600 area. Resistance is at the falling trend line on daily chart....
Risk still under pressure following weak US data, weak Wall St. Month-end volatility in Asia sees EURUSD touch new cycle lows MAJOR HEADLINES – PREVIOUS SESSION US Dec. Chicago Fed Activity Index out at -0.61 vs. -0.4...
Risk makes a comeback after the State of the Union address MAJOR HEADLINES – PREVIOUS SESSION US Dec. New Home Sales out at -7.6% m/m vs. +3.0% expected and -9.3% prior GE Jan. CPI out at -0.6%...
EUR/USD Open 1.4028 High 1.4095 Low 1.3958 Close 1.4022Euro/Dollar traded hesitantly and within narrow range on Wednesday, closing the day at 1.4022. The upper level of the downward channel and top level level from Monday at 1.4190...
EUR/USD Open 1.4079 High 1.4179 Low 1.4044 Close 1.4071Euro/Dollar continued descending on Tuesday from the 1.4179 top, down to the 1.4044 bottom, continuing trading within the bearish channel, formed on the 3 hour chart. At present trade...
EUR/USD Open 1.4147 High 1.4192 Low 1.4076 Close 1.4150Euro/Dollar traded hesitantly on Monday within the 1.4110 – 1.4192 range, closing the day at 1.4125. This morning the currency couple continued its bearish movement within the downward channel,...
EUR/USD Open 1.4152 High 1.4181 Low 1.4071 Close 1.4130Euro/Dollar traded above the 1.4034 support on Friday and above the 20 and 50 EMA, partly recovering from previous’ days losses, closing the week at 1.4130. We expect only...
As expected, EURUSD formed a cycle top at 1.4579 level on daily chart. Deeper decline is now in favor and next target would be at 1.3800 area. Resistance is at 1.4250, as long as this level holds,...
