[ad_1] Euro, EUR/USD, US Dollar, EUR/JPY, Trend Breakout, Candlestick, Bollinger Bands – Talking Points Euro bulls were rewarded earlier last week before a pullback surfaced The technical set-up from the recent rally might see Euro bears re-enter the fray The squeeze higher appears to have been rejected for now. Will EUR/USD go lower? Recommended by
[ad_1] The EURUSD buyers tried to tilt the technical bias to the upside today with a move above its 200-hour moving average at 1.0580 and it’s 100-hour moving average 1.0589. The price also moved above the 50% midpoint of the move up from the October 13 low at 1.0594. However, momentum above the levels could
[ad_1] Euro, EUR/USD, US Dollar, Trend Breakout, Candlestick, Bollinger Band – Talking Points Euro bulls were rewarded earlier this week before a pullback surfaced The technical set-up from the recent rally might see Euro bears re-enter the fray The squeeze higher appears to have been rejected for now. Will EUR/USD go lower? Recommended by Daniel
[ad_1] EUR/USD Forecast – Prices, Charts, and Analysis ECB leaves rates unchanged as expected. EUR/USD heading towards 1.0500. Recommended by Nick Cawley How to Trade EUR/USD The ECB left all three of its key interest rates unchanged today and noted that while inflation is expected to ‘stay too high for too long’, inflation dropped markedly
[ad_1] Deutsche Bank says Germany’s economy is set for a double-dip recession (after the recession in Q4 of 2022 & Q1 of 2023) expects a GDP contraction in Q3 2023 that’ll weigh on economic activity into 2024 despite receding inflation, we expect that private consumption will only gradually come out of its rut consumer confidence
[ad_1] Share: Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave the key interest rates unchanged in October and responds to questions from the press. ECB press conference key quotes “The economy is likely to remain weak for the rest of the year.” “The economy should strengthen
[ad_1] EUR/USD Forecast – Prices, Charts, and Analysis The Euro edges lower on weak PMI data.. Sliding US Treasury bond yields undermine the US dollar. Download our Latest Q4 Euro Forecast Below Recommended by Nick Cawley Get Your Free EUR Forecast The German economy remained in contraction territory for the fourth month in a row,
[ad_1] EUR/USD, AUD/USD OUTLOOK: Traders will closely watch U.S. GDP data on Thursday The U.S. economy is forecast to have grown by 4.3% in the third quarter Strong economic activity numbers could boost the U.S. dollar, sending both EUR/USD and AUD/USD sharply lower Most Read: USD/CAD Fails to Sustain Breakout after Bank of Canada Decision.
[ad_1] Share: Focus back on the Euro. Economists at Commerzbank analyze the single currency outlook. Euro might suffer a dampener if Eurozone PMIs do not stabilise The Eurozone PMIs, due for publication today, are likely to further dampen any hopes of an economic recovery. The indicators are likely to confirm the projections of
[ad_1] US Dollar Vs Euro, British Pound, Japanese Yen, Australian Dollar – Price Setups: The US dollar’s rally is showing signs of fatigue. Markets expect the Fed to keep interest rates on hold at next week’s meeting. What’s next for EUR/USD, GBP/USD, AUD/USD, and USD/JPY? Supercharge your trading prowess with an in-depth analysis of USD’s