EUR/USD daily MUFG Research adds a new short EUR/USD position to its trade of the week portfolio targeting a move towards 1.0770, with a stop at 1.1160. “We have instigated a short EUR/USD trade idea to reflect the potential bias favouring yield and hence the dollar over the short-term,” MUFG notes. “So far in August,
The FOREX markets are quiet in the Asia-Pacific session. Japan is on holiday contributing to the lackluster price action. Yesterday’s US CPI data whipped traders around as well as the initial reaction was to the downside in the greenback, and then reversed back to the upside with the rise in US rates However in the
Share: EUR/USD stabilizes after reversing from two-week high, prods two-day uptrend. US inflation data came in mixed for July but Fed policymakers throw advance party. ECB Economic Bulletin cites lack of clarity with downbeat tone. More clues of US inflation eyed for clear directions of Euro. EUR/USD lacks clear directions around 1.0980-85 during
EUR/USD Price, Chart, and Analysis EUR/USD topped 1.10 After Jul’s US Inflation Data Core CPI’s Deceleration Trend Remains In Place even as headline inflation ticked up Eurozone inflation expectations remain uncomfortably high Recommended by David Cottle How to Trade EUR/USD The Euro popped above its last ten days’ trading range against the United States Dollar
Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen, Trend, Fibonacci, Momentum – Talking points Euro bearishness appears to have stalled against the US Dollar The trend in EUR/USD could face scrutiny in the next few sessions EUR/JPY is eyeing 158. If it breaks above there, will further bullishness unfold? Recommended by Daniel McCarthy How to Trade
Euro (EUR/USD, EUR/JPY, EUR/AUD) Analysis European markets rebound positively to Italian bank tax clarity EUR/USD attempts to claw back yesterday’s losses EUR/JPY gears up for retest of yearly high on improved Euro sentiment EUR/AUD to retest yearly high after yesterday’s drop? The analysis in this article makes use of chart patterns and key support and
EURUSD stalls against the 100 hour MA The EURUSD moved modestly higher in the early trading for the day and reached up to the 100-hour MA at 1.09687. Sellers leaned against the level keeping the sellers in play. The price is modestly off the level at 1.0963 currently. On the downside, remember, the price yesterday
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro remains in a short-term downtrend vs the US Dollar Retail traders keep building upside exposure in EUR/USD Bullish Morning Star follow-through is falling apart Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro remains about 2.7% under the July high in what
Euro, EUR/USD, US Dollar, Fed, USD/JPY, Hang Seng, China, Fibonacci – Talking Points Euro support wilted after US Dollar resumed strengthening today The Fed reminded markets of their intention and Treasury yields responded If EUR/USD breaks above near-term resistance, will it make a new high? Recommended by Daniel McCarthy How to Trade EUR/USD n The
EUR/USD FORECAST EUR/USD begins the week on the back foot, following disappointing economic data in Europe and rising U.S. Treasury yields Volatility, however, is limited, with many traders on the sidelines ahead of Thursday’s U.S. inflation report, which could be critical for the U.S. dollar This article also discusses key EUR/USD technical levels to watch