The euro strengthened amid positive results of auctions of Italy, Spain, and Netherlands governments’ bonds.
EUR/USD rose a bit on Tuesday as the best levels came off. The pair has been choppy lately to say the least, and the action continues to remain so. The trend lately has been for the Europeans...
The US dollar became more expensive amid the upcoming meeting of the
The EUR/USD pair fell most of the session on Monday, but the Americans came in and gave it a lift yet again. The resulting candle looks somewhat like a hammer, but it far too long in the...
The EUR/USD pair had a bullish day on Friday, breaking higher on the session as the hammers from the previous two sessions triggered a bullish run. The pair looks as if it will continue higher for the...
EURUSD traded in a range between 1.2975 and 1.3486. Key support is at 1.2975, a breakdown below this level will signal resumption of the long term downtrend from 1.4939, then further decline towards 1.2500 could be seen....
The EUR/USD pair had an important day on Thursday as the Spanish auctioned off their two and ten year bonds to a reasonable amount of demand, albeit on higher rates than the last sale.
Technical analysis for 19/04
The EUR/USD pair had a fairly wild session on Wednesday in order to eventually have a slightly negative day. The resulting candlestick formation looks a lot like a hammer, but it is far too stuck in traffic...
After a back and forth session on Tuesday, one thing can be said: The EUR/USD pair has been one that has caused quite a few headaches for many traders lately. After all, the European debt situation isn’t...