US fundamentals support the greenback. Asian and European trading sessions: Euro: Euro continued to stabilize of Tuesday morning. Expectations for the strong European fundamental release today supported the euro. Eventually the Euro-zone ZEW survey (Economic sentiment) for...
EUR/USD pair starts the week with new maximums. Asian and European trading sessions: Euro: Morning trading on Monday saw the decrease of the EUR/USD pair, as a result of the increased concern over the disagreement of the...
British Consumer Price Index emerged to be almost alike with expectations and enduring UK inflation tendency. As some wise professor said – “robust economy has to slide on something” – current 3.3 percent inflation ought to be...
U.S. economy Previous week elapsed in rather slow manner for U.S. economy. It brought solely four significant data releases, which general outlook was good for Dollar. Indubitable highlight of previous week was Ben Bernanke speech on “60...
EURUSD is forming a cycle bottom at 1.2969 level on 4-hour chart, consolidation of downtrend is expected to continue and range trading between 1.2969 and 1.3600 would likely be seen in a couple of weeks.
Tax benefits program supports the greenback. Asian and European trading sessions: Euro: The EUR/USD pair decreased to the level of $1,3190 during the morning trading. The euro drop was limited, since the Ireland budget has been accepted...
Quite a slow day for main pair is to experience. None of considerable Euro zone economic indicators will be issued today. Solely one significant data release coming from U.S. economy is planned on today session.
ForexPros Daily Analysis December 08, 2010 The EURUSD pair has hit a major support at 1.31948 and has moved back up. However, from my previous analysis of this pair, it has broken down the major support on...
EURUSD The Euro has now pulled back to the 100 period EMA, and is stalled in the key resistance area between 1.33 amd 1.3450 (first established back in September). The 50 EMA remains below the 100 EMA,...
High-risk currencies start the week with a negative trend. Asian and European trading sessions: Euro: On Monday the euro dropped against all counterparts. Market tension over the today’s EC meeting in Brussels pressured the euro. The Financial...