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1.1285 -0.0044 (-0.38%)
22:54:56 (GMT)
Bid 1.1278
Ask 1.1292
Open 1.1328
High 1.1365
Low 1.1277
 

Daily Technical Analysis

The GBP/USD pair fell during the beginning of the session on Friday, bouncing off of the 1.50 level. That being the case, we bounced enough to form a hammer, and it now looks as if we are going to continue...
The EUR/USD pair did very little during the session on Friday, as we continued to grind sideways as we have seen over the last several sessions. That being the case, it looks like the market is ready to continue going...
Daily EUR/USD Technical Analysis The EUR/USD is trading better at the mid-session, but the price action has been limited and the volume a little flat. Although the Forex pair is up for the fourth day since the 1.1097 bottom, no...
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Weekly Technical Analysis

The EUR/USD pair broke higher during the course of the week, but fell at the 1.14 level to turn things back around and form a little bit of a shooting star. That being the case, we feel that the market...
The EUR/USD pair tried to rally at first during the course of the week, but with the European Central Bank expanding its quantitative easing program, we broke down below the 1.15 level and then crashed all the way down to...
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Daily Fundamental Analysis

Analysis and Recommendations: The EUR/USD gained 7 points to trade at 1.1324. A surging dollar is pummeling currencies around the globe amid efforts to boost economic growth, prompting a wave of investor bets to profit from the upheaval. Many global...
Analysis and Recommendations: The EUR/USD added 14 points after German unemployment printed at 6.5% slightly lower than last month. The US dollar remained steady after the FOMC statement on Wednesday as markets continue to try to interpret when the Fed...
Analysis and Recommendations: The EUR/USD eased by 15 points to trade at 1.1364 as traders prepare for the Federal Reserve statement later in the day. Traders are expecting the Fed to keep everything as it and not to rock the...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The EUR/USD closed out the week...
Weekly Analysis and Recommendation: The EUR/USD hit an eleven year...
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More EUR/USD Report

 
The EUR/USD traded sideways-to-lower on Friday after Germany reported that inflation turned negative in January for the first time since September 2009. Its economy fell 0.5 percent from a year earlier. Economists had called for a decline of 0.2 percent. Traders and economists are looking for inflation...
Friday morning, the last trading day of January saw the monthly data dump from Japan. The JPY gained against the US dollar and the euro. The USDJPY is trading at 118.07 down by 24 points and the EURJPY gave up 21 points to 133.70. Data showed that...
The EUR/USD pair initially tried to break higher during the course of the session on Thursday, but turned back around as the Euro continues to suffer overall. We believe that this market will continue to drift lower, but the easy money has probably already been made. With...