The EUR/USD pair rose during the Friday session in reaction to the weaker than expected Non-Farm Payroll report out of America. The report was expected to show a build of 200,000 jobs last month, but fell short...
EURUSD failed to break above 1.3486 previous high resistance and pulled back from 1.3385. The pair is now facing 1.3003 support, a breakdown below this level will signal resumption of the downtrend from 1.3486, then deeper decline...
The EUR/USD pair fell hard on Thursday to continue the general slide of the Euro over the last several sessions. The EU has major issues, so this really shouldn’t be a surprise at this point. In fact,...
Technical analysis for 5/04
The EUR/USD pair fell hard on Wednesday as the European Central Bank head Mario Draghi had very dovish comments during the press conference that the central bank held. The Spanish also had trouble selling bonds, and the...
The EUR/USD pair fell hard on Tuesday as the Federal Reserve released its minutes of the last meeting. The lack of any real support for another round of quantitative easing sent people back into the Dollar, and...
The negative Euro-zone news’ release pressured the Euro currency.
The EUR/USD pair fell during most of Monday’s session, but managed to bounce back in the end in order to form a hammer. The pair looks like it wants to go higher, but it should be mentioned...
Market review for 26 – 30.03, 2012 Euro: At the beginning of the week the Euro showed slightly growth against its competitors
The EUR/USD pair rose during the session on Friday in order to trigger the buy signal by breaking above the top of the hammer from the Thursday session. The 1.3250 level below is a support level, as...