Euro managed to strengthen over the greenback. Asian and European trading sessions: Euro: Nevertheless that euro was under pressure due to the concerns over the Euro-zone crises, certain factors rendered support to the euro. The Japanese government...
Main currency pair is currently stuck in the enduring upward correction. We hold an considered opinion that in scenario of present tendency sustained, the target is Fibonacci retracement the level of 1.3092. Factor that may hinder further...
Greenback was supported as unwillingness to take risks grew. Asian and European trading sessions: Euro: Concerns regarding the situation of the European peripheral countries and their weakened ability to raise financing continued to pressure the euro in...
After a sideways consolidation, EURUSD continued its downward movement from 1.4281 and reached as low as 1.2904 level. Further decline is still possible next week and next target would be at 1.2600-1.2700 area. Key resistance is at...
Main currency pair is currently leveling downward correction that began on Friday. Strong resistance that may hinder or even stop further Euro appreciation is green trend line (chart below). In scenario of breaching mentioned trend line, target...
EURUSD moved sideways in a range between 1.2969 and 1.3497. The price action in the trading range is treated as consolidation of downtrend from 1.4281, as long as 1.3497 resistance holds, another fall towards 1.2500 is still...
Today we will got acquainted with two last in this week data releases coming from USA. Namely Initial Claims and Pending Home Sales. Data stating current condition of labor market is expected to improve this week and...
Overview:Euro has been demonstrating uncertain holiday movement, thus it is recommended to refrain from trading. The sell signal has been cancelled, instead a new buy signal with target level 1.3397 has been formed. The formed signal already...
EURUSD has formed a cycle top at 1.3497 level on daily chart. Deeper decline is expected next week and next target would be at 1.2800 area. Initial resistance is at 1.3200 followed by 1.3350, only break above...
The release of the GDP figures. Asian and European trading sessions: Euro: Today euro showed some growth as a correction from yesterday’s minimums. The willingness to take risks increased and high-risk currencies were supported. The EUR/USD pair...
