The EUR/USD pair has been very stubborn recently, and the Tuesday session proved to be more of the same. The 1.30 level is a well-known support area, as every time the markets have approached it, the bulls...
Late last week we speculated weather the markets had discounted a victory by the socialist party in France. Judging by the market action this week, that was not the case.
Technical analysis for 08/05
For the second month in a row the Non-Farm Payroll number was well shy of the trade’s conservative estimate.
The EUR/USD pair gapped down massively on the open Monday. The elections in Europe shocked the markets as the voters in three countries went decidedly anti-austerity. In fact, Greek even went so far as to elect neo-Nazis...
The EUR/USD fell hard for the session on Friday as the markets reacted to the bad jobs number out of the United States. There are elections in France and Greece over the next few days, and as...
EURUSD traded sideways in a range between 1.2975 and 1.3486 for several weeks. Another fall to re-test 1.2975 key support would likely be seen next week, a breakdown below this level could trigger another fall towards 1.2500....
The EUR/USD pair fell for most of the Thursday session, but bounced in order to form a hammer for the day. The jobs number will be one that could move this market today, as the traders try...
The Euro-Zone Unemployment Rate in March reached a new record of 10.9
Technical analysis for 02/05 EURUSD The pair has risen to the Moving Average (100) at 1.32148. If the pair stays above this level the pair will rise to 1.33143. If the pair stays below 1.31674 the pair will...