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1.2672 0.0026 (0.21%)
18:02:31 (GMT)
Bid 1.2672
Ask 1.2672
Open 1.2646
High 1.2696
Low 1.2635
 

Daily Technical Analysis

Daily EUR/USD Technical Analysis The EUR/USD is trading in a tight and narrow range today. Based on this week’s price action, the market is likely to finish the week with a downside bias. The catalyst behind most of this week’s...
EURUSD The EURUSD break of the support trend lines (greens) could indicate a completion of wave 4 (orange) at the most recent top (current wave X purple). In most cases however, wave 4’s take longer to compete in terms of...
EUR/USD fell initially during the session here on Thursday, but ended up forming enough positive momentum towards the end of the day to form a little bit of a hammer. The fact is that the market essentially used trying to...
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Weekly Technical Analysis

The EUR/USD pair broke out during the course of the week, climbing above the 1.28 handle. However, we could not keep the gains from that move, and we turned back around to form a massive shooting star. That shooting star...
The EUR/USD pair initially rallied during the course of the week, but found enough resistance of the 1.28 level to turn things back around. This level was previously determined to be the 61.8% Fibonacci retracement of the longer term up...
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Daily Fundamental Analysis

Analysis and Recommendations: The EUR/USD gained 5 points to trade at 1.2652 but showed no conviction; there was little support by German Consumer data that printed a bit better than expected. The dollar will likely remain vulnerable to selling with...
Analysis and Recommendations: The EUR/USD added 7 points to trade at 1.2655 after German manufacturing data printed better than forecast, while others were on a negative note but overall services and manufacturing PMI reported higher than expected. The euro fell...
Analysis and Recommendations: The EUR/USD dipped by 26 points to trade at 1.2690 after news came out that the ECB was buying corporate bonds, which the market is viewing as the first step to an all-out easing program.  The European...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The EUR/USD tumbled late in the...
Weekly Analysis and Recommendation: The EUR/USD tumbled as the markets...
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More EUR/USD Report

 
The euro recovered in the Asian session after tumbling on Thursday to trade at 1.2657. This morning the euro added 11 points to rebound to 1.2657. Yesterday, Eurozone PMI’s reported on the upside along with Germany. The French manufacturing slid to 47.3 in October, from 48.8 the...
The GBP/USD declined for a third day after a report showing retail sales fell more in September than traders forecast. The led to increased concerns the economy was faltering. According to the Office for National Statistics, U.K. retail sales decreased 0.3 percent from August. Traders and analysts...
Daily EUR/USD Technical Analysis The EUR/USD sold off early in the session, but then buyers came in to put the market on the plus side at the mid-session. The low of the session is 1.2613. This is slightly above the October 10 minor bottom at 1.2605. The...