Category: EUR/USD Daily

EUR/USD Sep. 19 – Sliding from the highs as markets digest Scottish No



EUR/USD is ticking lower below resistance at 1.2920, sliding after the counter reaction to the FOMC dollar rally. Scotland voted against independence and this is also a sign of relief for Europe. The focus now returns to monetary policy divergence between the euro-zone and the US.

Here’s a quick update on technicals, fundamentals and sentiment moving the pair.

  • Asian session: The pair traded steadily under 1.2920..
  • Current range: 1.2860 to 1.2920

Further levels in both directions:

EURUSD Technical analysis September 19 2014 euro dollar forex

  • Below: 1.2860, 1.2835, 1.28 and 1.2750.
  • Above: 1.2920, 1.2960, 1.30 and 1.3050
  • We are now one range lower, and there is room for more falls.

EUR/USD Fundamentals

  • 6:00 German PPI. Exp. -0.1%. Actual -0.1%.
  • 8:00 Euro-zone Current Account. Exp. 14.3 billion.
  • 14:00 US CB Leading Index. Exp. +0.4%.

* All times are GMT.

For more events and lines, see the Euro to dollar forecast.

EUR/USD Sentiment

More: EUR/USD could resume downtrend soon – Elliott Wave Analysis

EUR/USD Sep. 18 – Trying to recover from FOMC blow, ahead of TLTRO

EUR/USD Sep. 18 – Trying to recover from FOMC blow, ahead of TLTRO

EUR/USD trying to find a new balance on lower ground around 1.2870, after it surrendered to the greenback’s strength following Yellen’s comments and dipping into a new 14 month low. There’s no rest for the comment currency, as today we get the results of the first TLTRO – the targeted loans from the ECB. It’s also important

EUR/USD Sep. 17 – Chinese sugar rush fades on Fed Day

EUR/USD Sep. 17 – Chinese sugar rush fades on Fed Day

EUR/USD is now grinding a bit lower, sliding from the levels seen yesterday, when it enjoyed the news of Chinese stimulus. The market is now  focused on the Federal Reserve: will Yellen hint about the timing of the rate hikes? Will they remove the word “considerable” regarding the timing rate hike? And beforehand, we get a

EUR/USD Sep. 16 – Sticks to range ahead of German data, FOMC

EUR/USD Sep. 16 – Sticks to range ahead of German data, FOMC

EUR/USD continues to trade in range, looking for a new direction ahead of important events. The big event of today is the German ZEW business survey, but the bigger event is the FOMC meeting tomorrow. So far, data has kept euro/dollar in balance, but this cannot last forever. Here’s a quick update on technicals, fundamentals and sentiment moving

EUR/USD Sep. 15 – Unable to hold on to gains

EUR/USD Sep. 15 – Unable to hold on to gains

EUR/USD began the new trading week with a slide from the highs reached late in the previous week. The reasons for this modest slide comes from outside the euro-zone: the weak Chinese data over the weekend, the growing tension towards the FOMC decision and even Scotland’s referendum are on the agenda. Will we see the pair exit the

EUR/USD Sep. 12 – Trading in narrow range – explosion coming?

EUR/USD Sep. 12 – Trading in narrow range – explosion coming?

EUR/USD is now trading in a narrowing range and has left the swings behind, for now. Are we getting closer to a burst? And if so, to which direction? The focus today is on US data, which focuses on the consumer with events that could trigger some action. Here’s a quick update on technicals, fundamentals and

EUR/USD Sep. 11 – Back to the lower range ahead of Draghi

EUR/USD Sep. 11 – Back to the lower range ahead of Draghi

EUR/USD continues trading in nice ranges and has now moved lower. Today we already have significant events in the US and more importantly, a speech by Mario Draghi, one week after his monetary blitz. Is the pair about ready for the next big move? And to which direction? Here’s a quick update on technicals, fundamentals and sentiment

EUR/USD Sep. 10 – Recovering in higher range

EUR/USD Sep. 10 – Recovering in higher range

EUR/USD has moved up one trading range and enjoys better technical behavior as some stability has arrived to the markets. Has the dollar rally come to an end? Has the euro sell-off come to an end? These are certainly open questions. The calendar remains light but trading remains exciting. Here’s a quick update on technicals, fundamentals and

EUR/USD Sep. 9 – Continuing to deteriorate on USD strength

EUR/USD Sep. 9 – Continuing to deteriorate on USD strength

EUR/USD is trading under 1.29, continuing the downfall. The pair reached a low of 1.2865. The latest leg down can be associated with another strength of the greenback, that reached high levels against many other currencies. The JOLTS figure in the US will be eyed by the Fed. Here’s a quick update on technicals, fundamentals and sentiment moving

EUR/USD Sep. 8 – Unable to recover, despite weak NFP, Ukraine ceasefire

EUR/USD Sep. 8 – Unable to recover, despite weak NFP, Ukraine ceasefire

EUR/USD is trading in the new low range, unable to recover from Draghi’s big blows. A weak Non-Farm Payrolls figure on Friday in the US, and a ceasefire in the Ukraine that is seemingly holding on for now, do not encourage the common currency.  A light calendar today keeps the focus on sentiment as the Scottish independence polls