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EUR/USD: Trade And Brexit Developments
Wednesday, October 16, 2019 - 11:37am | 651Read More...EUR/USD has been sticking to familiar ranges amid German openness to spend. Brexit news, US retail sales and trade developments are also set to impact trading. Wednesday's four-hour chart is bullish for the pair. Is Germany ready to abandon its balanced budget? European Central Bank President...
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EUR/USD: Shaking Away The Profits
Monday, October 14, 2019 - 11:03am | 571Read More...EUR/USD has been retreating from the highs as markets rethink the US-Sino deal. Economic data and political uncertainties are set to dominate trading. Monday's four-hour chart remains bullish for EUR/USD. It is just another trade truce – that is the conclusion that many have reached...
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EUR/USD: This Rally May Reach Its Limits Soon
Thursday, October 10, 2019 - 11:20am | 818Read More...EUR/USD has rallied above 1.10 amid hopes for a US-Sino trade deal. Concerns about the euro-zone economies may curb further gains. Thursday's four-hour chart is pointing to limited additional gains. It took the world's most popular currency pair five attempts – but it finally broke...
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EUR/USD: US-Sino Talks Seem Set To Fail
Monday, October 7, 2019 - 11:07am | 657Read More...EUR/USD has kicked off the week with minor gains. Reports that China is planning a limited offer to the US weighs on markets. Monday's four-hour chart is showing that EUR/USD is on the edge of an uptrend support line. Is China taking advantage of President Donald Trump's troubles? The...
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EUR/USD: US Economic And Political Misery Continue Propelling It Higher
Thursday, October 3, 2019 - 11:33am | 891Read More...EUR/USD has advanced amid weak US data and ongoing political uncertainty. US services data, political developments, and new tariffs on EU goods set to dominate trading today. Thursday's technical chart is showing improvement after EUR/USD broke above the downtrend channel. Disappointing data...
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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: Trump And Draghi Are Close To Surrendering
Friday, September 13, 2019 - 11:37am | 827Read More...EUR/USD has been trading around the highest levels of the month after the ECB introduced some stimulus. The US and China are considering an interim deal. Friday's four-hour chart is showing a positive picture for the pair. Did Draghi do "whatever it takes"? Mario Draghi,...
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EUR/USD: Time To Turn Down Again?
Thursday, September 5, 2019 - 10:19am | 646Read More...EUR/USD gains have reached standstill amid fresh hopes for a US-Sino trade deal. Top-tier US economic indicators are set to dominate trading. Thursday's four-hour chart is painting a mixed picture. EUR/USD has staged an impressive recovery – but doubts about its sustainability are...
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EUR/USD: Three Reasons To Rise
Wednesday, September 4, 2019 - 10:45am | 664Read More...Upbeat euro-zone services figures support the euro. Weak US data has been weighing on the US dollar. Hawkish comments from ECB members have supported the euro. However, EUR/USD bears are still in control according to Wednesday's technical chart. "It's the economy, stupid" was...
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EUR/USD Forecast: How Low Can It Go? Big Levels To Watch And Reasons For A Recovery
Tuesday, September 3, 2019 - 8:49am | 674Read More...EUR/USD has hit new two-year lows, further below 1.1000. Tuesday's daily chart is pointing to oversold conditions as 2017 levels come into play. US developments may trigger a short-term recovery. Dropping below 1.1000 has proved detrimental for EUR/USD – which extends its downfall and...
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EUR/USD: Bears Are Taking Control
Thursday, August 29, 2019 - 11:24am | 596Read More...EUR/USD remains on the back foot amid disappointing German data. Trade concerns and US GDP will likely set the tone later today. Thursday's four-hour chart is pointing to further falls. Markets are beginning to buy into the US-Sino calls for calm on trade – and EUR/USD is feeling it. US...
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EUR/USD: The Next Move May Be Down
Wednesday, August 28, 2019 - 10:27am | 568Read More...The common currency finds it harder to gain on intensifying US-Sino tensions. Markets are pricing successful coalition talks in Italy – that are far from certain. EUR/USD has been grinding lower and lost the 50-SMA on the four-hour chart. Reports suggest that China finds it harder to trust...
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EUR/USD: Rising On Trade Troubles Reaches Its Limits
Tuesday, August 27, 2019 - 11:17am | 605Read More...Calm on the trade front has ended as China rejected Trump's optimism. Falling US bond yields have failed to boost the euro. Tuesday's technical chart is mixed for EUR/USD. The euro's ability to enjoy the misery of others may have reached its limits – is it ready for a more...
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EUR/USD: Ready To retreat?
Monday, August 26, 2019 - 10:41am | 844Read More...EUR/USD has been consolidating Friday's significant gains. The US-Sino trade war and its implications for the German economy dominate trading today. Monday's four-hour chart is pointing to further gains. The intensifying trade war between the US and China has rescued the euro from falling...
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EUR/USD Remains Depressed Near 1.1060, Powell Eyed
Friday, August 23, 2019 - 9:49am | 432Read More...EUR/USD navigates near weekly lows around the 1.1060 region. The Greenback stays bid and weighs on the pair. Fed’s Powell speaks at Jackson Hole later in the day. The sentiment around the European currency remains bearish although EUR/USD has so far managed well to hold on above the 1.1060...















