EURUSD Technical Analysis – Watch this strong resistance

[ad_1] US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. The US CPI yesterday came in line with expectations, so the market’s pricing remained roughly the same. The labour market displayed signs

EUR/USD Struggles for Traction Ahead of Major Event Risk

[ad_1] EUR/USD Analysis EUR/USD Gains Proved Short-lived Ahead of US CPI On Monday, the BoJ and China posed a challenge to USD dominance, allowing momentary respite for currencies against the greenback. The moment proved to be a very short one seeing that EUR/USD has been unable to pull back to the 200 simple moving average

Euro puts 1.0700 to the test ahead of US inflation

[ad_1] Share: The Euro trades close to 1.0700 vs. the US Dollar. Stocks in Europe en route to a mixed close on Tuesday. EUR/USD’s upside momentum falters ahead of 1.0770. The USD Index (DXY) regains some balance following Monday’s drop. Germany Economic Sentiment improves a tad in September. The NFIB index came in below estimates in

Euro Sets the Stage for a Win this Week and Retail Traders Are More Bearish EUR/USD

[ad_1] Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro sets the stage for a potential win this week And, retail traders began turning more bearish What technical obstacles does EUR/USD face? Recommended by Daniel Dubrovsky Get Your Free EUR Forecast While the week is still fresh, the Euro is seemingly on course

Dollar Decline Lifts EUR/USD, EUR/GBP Consolidates

[ad_1] Euro News and Analysis Dollar dip sends EUR/USD higher at the start of a busy week IG client sentiment favors a bearish continuation despite the recent reprieve EUR/GBP frustratingly non-directional within broader sideways channel The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit

Euro climbs to two-day highs near 1.0740

[ad_1] Share: The Euro gathers further steam vs. the US Dollar. Stocks in Europe now trade in a mixed fashion. EUR/USD advances to daily peaks near 1.0730. The USD Index (DXY) breaks below the 105.00 yardstick. Final August CPI in Germany matched the preliminary readings. Wholesale Inventories, Consumer Credit Change come next in the US docket.

Euro Area Q2 GDP Downgraded, EUR/USD Probing 1.0700

[ad_1] EUR/USD and EUR/JPY Forecast – Prices, Charts, and Analysis Euro Area q/q growth is nominal at best. EUR/USD eyes 1.0700 as the greenback remains better bid. The final Q2 Euro Area GDP release shows that the block of 19 countries has barely expanded over the last quarters. Data from Eurostat, the statistics office of

Euro Holds Ground Ahead of ECB as US Dollar Flexes. Where to for EUR/USD?

[ad_1] Euro, EUR/USD, US Dollar, Treasury Yields, ECB, Knot, EU Inflation, Crude Oil – Talking Points The Euro held firm again today as the US Dollar pauses in its climb Australia and China missed estimates on their respective trade surpluses Market pricing of an ECB hike might be questioned. Would it boost EUR/USD? Recommended by