Post Tagged with: "EUR/USD Technical Analysis"
EUR/USD April 19 All Eyes on Key Releases in US
Euro dollar rebounded from yesterday’s slide (April 18th), as the pair has climbed into the mid-1.31 range. The markets remain wary about the fiscal situation in Spain. The country held a successful bond auction earlier in the week, raising the full target of EUR 3 billion in government bonds. Another auction to raise EUR 2.5 billion is scheduled for today. However,
EUR/USD April 17 Euro higher, but Spanish Concerns Linger
The Euro showed some bounce after yesterday’s drop (April 16th), as Euro dollar climbed back above the 1.31 level. The Spanish government is due to auction up to EUR3 billion of government bonds later Tuesday, but there are serious concerns that the government will not be able to meet its deficit reduction targets. The key releases today are German ZEW Economic Sentiment,
EUR/USD Drops Below Uptrend Support, Challenges 1.30 on Spain
Euro to dollar broke below uptrend support that accompanied it for the past two two months (see graph). It is now in a one month low and challenging the round and tough line of 1.30. Worries about Spain and other peripheral countries just refuse to leave the markets. Will it break below 1.30? EUR/USD has
EUR/USD Outlook April 16-20
Euro/dollar couldn’t really recover from the recent fall and eventually close a bit lower as Spanish worries intensified. Will it make a bigger break out of range? Two major German surveys are the highlights awaiting us. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Spain is under growing pressure
EUR/USD Friday 13 – Falling from High Resistance Before Bernanke Closes the Week
Euro dollar continues sliding lower after hitting high resistance yesterday. The relatively weak Chinese GDP weighs on the common currency, as global demand is essential for European growth. A busy day in the US closes the week, including QE3 related inflation figures and a speech by Ben Bernanke just before markets unwind. Will Bernanke hurt the
EUR/USD Outlook April 9-13
Euro/dollar broke out of range, and it was to the downside, although US weakness partially balanced the move. Is this a gradual turn downwards, or is the ongoing fear of US QE and the European debt crisis about to continue balancing the pair? Here is an outlook for the upcoming events and an updated technical analysis for
EUR/USD April 6 – Remains Depressed as Non-Farm Payrolls Eyed
Euro dollar is steady on low ground, under support it lost yesterday. Concerns about Spain’s “extremely difficult” situation, and echoes from the relatively bullish FOMC minutes continue to push weigh on the pair. Here’s an update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: The pair consolidated under 1.3080, after
EUR/USD Outlook April 2-6
Euro/dollar managed to edge up in another choppy week. The new month features a rate decision by the ECB among other events. Will the euro continue advancing slowly? Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Greece returned to the spotlight with more talk that another restructuring is on
EUR/USD Outlook March 26-30
Euro/dollar climbed within the range, despite the reawakening of the debt crisis in the larger euro-zone countries. The week ahead provides important surveys as well as inflation figures, which became more important since the last rate decision. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Worries about Spain were heard
EUR/USD Mar. 23 – Rising in Range on Chinese Hope
Euro dollar is now extending the rise it began from the lower range, as rumors of Chinese cut of the RRR are cheering the markets. Nevertheless, the fundamentals haven’t changed: the debt crisis still weighs on various European countries, and the US continues improving, although quite slowly. Today we’ll get another short appearance from Bernanke, as