During the whole previous trading week the euro was demonstrating strength over the weakening US dollar. But on Monday the euro was under temporary pressure due to the negative influence from the European banking sector. The released...
EURUSD remains in uptrend and the rise from 1.2587 extended to as high as 1.4029 level. Upward movement is expected to continue next week and next target would be at 1.4300 area. Support is at 1.3635, only...
Unexpectedly low ADP employment affects the market. Asian and European trading session: Euro: The EUR/USD pair reached the 8-months maximum at the $1,3880 mark. US Dollar: On Wednesday the US dollar was still trading at the 8-months...
Risk appetites are back. Asian and European trading sessions: Euro: On Tuesday the EUR/USD rate managed to grow and reach its trading session maximums at the level of $1.3792. The release of the strong European statistics supported...
The euro stepped back from the reached maximums against the greenback. Asian and European trading sessions: Euro: The euro was under pressure during the morning trading, due to the negative influence from the European banking sector. Therefore,...
The beginning of the previous trading week saw the euro still holding its maximum levels against the greenback, but the released data could not allow the euro grow higher. In particular, the rating agency Moody’s reduced the...
EURUSD continues its upward movement from 1.2587 and the rise extends to as high as 1.3792 level. Further rise is still possible next week and next target would be at 1.4000 area. Support is at 1.3495, as...
EURUSDThe pair is finding difficulty in surpassing 1.3680 yet still within the minor ascending channel above. We expect the intraday upside wave to continue today targeting the main resistance for the bullish channel at 1.3810. Breaching areas...
The greenback drops against the major currencies. Asian and European trading sessions: Euro: The EUR/USD pair traded in the range of $1,3565-$1,3600. Market participants are waiting for the release of the German unemployment change data tomorrow. The...
ForexPros Daily Analysis September 30, 2010 Euro Dollar The Euro broke the resistance specified in yesterday’s report 1.3589,only to stop on the middle if the road between this level and our suggested target of 1.3690, topping at...
