Collapse of the political coalition of Ireland supported the greenback. Asian and European trading sessions:
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EURUSD broke above 1.3497 key resistance, suggesting that the downward movement from 1.4281 had completed at 1.2874 already. Now the rise from 1.2874 could possibly be resumption of long term uptrend from 1.1876 (Jun 7, 2010 low),...
The greenback weakness pushed euro higher. Asian and European trading sessions:
4-hour timeframeThe euro is still developing a buy signal with target level at 1.3298; however, correction movement is continuing as well.
Strong Euro-zone fundamentals supported the euro. Asian and European trading sessions:
The euro drops ahead of the European Finance Ministers meeting. Asian and European trading sessions:
Since Friday EURUSD pair has been moving in a downward trend that is currently narrowing. Declining volatility indicates high probability of strong surge on a price chart to come. Strong signal biasing toward further dollar depreciation might...
EURUSD bounced strongly from 1.2874, suggesting that a cycle bottom had been formed on daily chart. Now the pair is facing 1.3497 key resistance, as long as this level holds, the price action from 1.2969 is treated...
Beige Book report saves the greenback. Asian and European trading sessions: Euro: On Wednesday the EUR/USD pair started to strengthen and reached the $1,3000 level during the morning trading. Euro continued to strengthen after the successful auction...