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European Stocks Edge Lower On Mixed Economic Data, Stalled US Stimulus Talks
Wednesday, October 7, 2020 - 4:39am | 279Read More...U.S. stock futures are trading up after President Donald Trump tweeted in support of the airline relief bill and Payroll Protection Program. Tuesday's fall on Wall Street did not dent Europe's mood at the open, but European stocks dipped in early trade after mixed economic data. Euro Stoxx...
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European Stocks Trade Lower With ECB President's Speech In Focus
Tuesday, October 6, 2020 - 4:47am | 157Read More...European stocks are trading down as Monday's Wall Street recovery rally and positive sentiment in Asia fail to lift the mood. European Central Bank President Christine Lagarde is due to speak Tuesday. London's FTSE index is trading down 0.48% at press time. The United Kingdom's...
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EUR/USD Forecast: Lower Lows Maintain The Risk Skewed To The Downside
Tuesday, February 11, 2020 - 4:58pm | 438Read More...EUR/USD Current Price: 1.0923 Fed´s Powell and ECB’s Lagarde were on the wires but failed to trigger some action. Coronavirus concerns set temporarily aside, a vaccine may be ready in 18 months. EUR/USD lower lows maintain the risk skewed to the downside. The shared currency has been...
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EUR/USD Forecast: Upside Limited By Fibonacci Resistance At 1.1145
Tuesday, January 14, 2020 - 4:36pm | 449Read More...EUR/USD Current Price: 1.1132 US inflation met the market’s expectations in December, failed to impress. EU-US trade tensions dented demand for the shared currency. EUR/USD stuck around 1.1100, upside limited by Fibonacci resistance at 1.1145. The market mood was not that positive this...
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EUR/USD Forecast: Bearish Breakout Imminent
Wednesday, November 13, 2019 - 5:06pm | 443Read More...EUR/USD Current Price: 1.1003 US Fed’s Chief Powell testified before the Congress but failed to impress the market. The EU and Germany will release preliminary Q3 GDP this Thursday. EUR/USD pressuring a critical Fibonacci support at 1.0990. The EUR/USD pair has spent most of the day...
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EUR/USD Forecast: Bearish Momentum To Accelerate Once Below 1.0990
Tuesday, November 12, 2019 - 4:57pm | 448Read More...EUR/USD Current Price: 1.1007 There were no updates on the US-China trade deal, but speculative interest returned to the dollar. US Federal Reserve’s Chief Powell is due to testify before the Congress this Wednesday. EUR/USD bearish momentum to accelerate once below 1.0990 Fibonacci support...
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EUR/USD: With More Reasons To Crash Than Recover
Thursday, September 26, 2019 - 10:19am | 718Read More...EUR/USD has been falling toward the yearly lows as the dollar gains ground. A speech by ECB President Draghi and US GDP are set to move markets today. Thursday's technical chart is pointing to further falls for the currency pair. Is the third time a charm? After EUR/USD hit 1.0926 twice in...
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EUR/USD: The US Is Contemplating New Tariffs On The EU, Weighing On The Euro
Wednesday, September 25, 2019 - 10:33am | 543Read More...The US is contemplating new tariffs on the EU, weighing on the euro. President Trump is facing an official impeachment inquiry that causes uncertainty. Wednesday's technical chart is showing a triangle that may lead to falls. Most children love carousels that go round and round – but...
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EUR/USD: Extending The Up Move
Monday, July 15, 2019 - 10:29am | 364Read More...EUR/USD keeps the bid tone in the 1.1270/80 band. The 21-day SMA at 1.1285 challenges bulls’ aspirations Trade, ECB easing, Fed’s rate cut seen ruling the sentiment. EUR/USD is extending the up move for yet another session on Monday, although the 1.1280/85 band has emerged as a tough...
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EUR/USD: Fails To Wait For The NFP
Friday, July 5, 2019 - 11:01am | 730Read More...EUR/USD has been licking its wounds after ECB's Draghi sent it down on Tuesday. Tension has been rising ahead of the critical Fed decision later today. Wednesday's four-hour chart points to further falls. The Draghi show has stolen the show from the Fed. EUR/USD has been struggling to...
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EUR/USD: Failure To Reach 1.1450
Tuesday, June 25, 2019 - 9:43am | 724Read More...EUR/USD has been licking its wounds after ECB's Draghi sent it down on Tuesday. Tension has been rising ahead of the critical Fed decision later today. Wednesday's four-hour chart points to further falls. The Draghi show has stolen the show from the Fed. EUR/USD has been struggling to...
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EUR/USD: Draghi Drags It Below Support
Tuesday, June 18, 2019 - 10:11am | 523Read More...EUR/USD has dropped a tad below 1.1200 in the wake of the EU elections. Mainstream parties lost ground, but the votes went to both centrist and populist parties alike. The four-hour chart portrays a positive outlook for the currency pair. Center-right and center-left parties have lost their...
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EUR/USD: Entering Overbought Conditions
Wednesday, June 12, 2019 - 10:05am | 525Read More...EUR/USD has dropped a tad below 1.1200 in the wake of the EU elections. Mainstream parties lost ground, but the votes went to both centrist and populist parties alike. The four-hour chart portrays a positive outlook for the currency pair. Center-right and center-left parties have lost their...
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EUR/USD: Under Pressure
Tuesday, May 7, 2019 - 9:59am | 273Read More...The pair lost some upside momentum beyond 1.1200 the figure. US-China trade jitters continue to drive the sentiment in the markets. The greenback rebounds from lows on yields spread. Spot is struggling to keep the march north intact in the first half of the week, although there seems to be lack...
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EUR/USD: The Recovery Is Over
Tuesday, April 23, 2019 - 10:37am | 429Read More...EUR/USD is leaning lower, retreating from a recovery attempt. While Easter is over, the economic calendar remains light. The technical picture is bearish for the pair. EUR/USD is trading around 1.1250, down from an attempt to get closer to 1.1300. A calm holiday atmosphere helped the pair rise....
















