Post Tagged with: "EUR/USD Technical Analysis"
EUR/USD Outlook Jan. 30 – Feb. 3 2012
Euro/dollar had a fantastic week, rising on fresh hope for Greece and from a weaker dollar, courtesy of Ben Bernanke. The upcoming week starts with an important summit and is packed with economic indicators. Here is an outlook for the week’s events, and an updated technical analysis for EUR/USD. Bernanke’s pledge to keep interest rates at
EUR/USD Jan. 26 – Extends Impressive Rally on PSI Deal Hope and Bernanke’s Boom
Euro dollar is rallying in an impressive manner, breaking another important resistance line. The rally that began with Bernanke’s extension of the zero-rate policy continues with new hope of getting a deal done around the Greek haircut. In addition, more signs of strength from Germany and a successful Italian bond auction also help the single currency. Another
EUR/USD Jan. 25 – Vulnerable Ahead of the Fed
Euro dollar is vulnerable ahead of a busy day. The US rate decision is highly anticipated, but may disappoint. More positive signs are seen from Germany today, while Greece and its bondholders are still in a standoff regarding the “voluntary” haircut – this hurts the euro. The ECB is also under pressure to undergo a haircut
EUR/USD Jan. 23 – Greek Drama Sends Pair Lower
Euro dollar kicked off the week with a gap lower, as the Greek haircut deal isn’t getting closer, to say the least. While the gap has already been closed, Greek worries come from various directions and weigh on the single currency. Without many indicators today, the news from the euro-zone will continue rocking the pair. Here’s
EUR/USD Outlook January 23-27
Euro/dollar had a very positive week, riding on new hope for the old continent. Is this a desired correction, or a change in trend?The euro-zone will now receive fresh growth indicators, an important survey and other events. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. After talks about the
EUR/USD Jan. 17 – Clinging to Chinese Hope
Euro dollar ran higher after China reported that its economy grew at a strong pace. The euro defied all the bad news about an upcoming Greek default and the downgrade of the EFSF. Will this rally last, or is this a short squeeze? An important German survey looms as US markets return to normal. Here’s an
EUR/USD Jan. 16 – In Lower Ground, Digesting Greek Trouble and S&P Downgrades
Euro dollar opened in a narrow, lower range, after the big events of Friday. France and Austria lost the perfect AAA rating, weakening the bailout fund. The lower rating will be tested today, as France raises money in the markets. Regarding the recipient of the big bailout, Greece, things are deteriorating as well: PSI talks broke
EUR/USD Outlook January 16-20
Euro/dollar had another roller coaster week which ended in a fresh 16 month low.The upcoming week features the important ZEW survey and inflation numbers in addition to other events. Here’s an outlook for the upcoming events, and an updated technical analysis for EUR/USD. At first, things were looking good for the euro – the single currency
EUR/USD Jan. 12 – All Eyes on Draghi
Euro dollar is awaiting the European Central Bank at low range, after the warning from Fitch sent it down, but not below critical support. Spanish and Italian bond auctions precede Draghi’s decision and will show if ECB QE is necessary. In addition, the US calender is very busy today. Will Draghi open the road for another
EUR/USD Jan. 11 – Well Balanced. For Now.
Euro dollar is trading in narrower ranges as Germany prepares for another bond auction. With a light calendar, it seems that the markets are waiting for tomorrow’s rate decision. The one thing that can break the current calm is Greece. The debt struck country is getting closer to an outright hard default. Here’s an update on