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1.2598 -0.0034 (-0.27%)
12:03:17 (GMT)
Bid 1.2598
Ask 1.2598
Open 1.2629
High 1.2632
Low 1.2585
 

Daily Technical Analysis

The EUR/USD pair fell during the course of the day on Tuesday, it bounced enough from the 1.2550 region to form a hammer. This suggests to us that we could see a bounce from here and perhaps the 1.28 level...
Daily EUR/USD Technical Analysis The EUR/USD is trading sharply lower at the mid-session after convincingly taking out the November 13, 2012 bottom at 1.2660. The next downside target is a monthly chart target at 1.2562. Taking could this figure could...
The EUR/USD pair tried to rally during the course of the day on Monday, but as you can see failed near the 1.27 level. This area ended up pushing market back down and forming a shooting star, which of course...
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Weekly Technical Analysis

The EUR/USD pair initially tried to rally during the week, but as you can see ended up falling and slicing through the 1.28 level like it wasn’t even there. Because of this, we believe that the euro continues to offer...
The EUR/USD declined to its lowest level since November 2012. Last week’s sell-off was triggered by comments from European Central Bank President Mario Draghi who reiterated in a speech that the weak Euro Zone economy may be in need of...
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Daily Fundamental Analysis

Analysis and Recommendations: The EUR/USD gave up 27 points today to trade at 1.2603 holding above the psychological support level of 1.26 but after weak manufacturing PMI data throughout the eurozone the euro continues to weaken. Traders are closely monitoring...
Analysis and Recommendations: The EUR/USD took a big tumble after the release of CPI data. Core inflation numbers missed expectations putting pressure on the ECB to add additional stimulus on Thursday. The euro tumbled 68 points to trade at 1.2618...
Analysis and Recommendations: The EUR/USD recovered 18 points ahead of German CPI to trade at 1.2702. The dollar, already enjoying its best year since 2008, is showing few signs of letting up as a growing number of strategists say it’s...
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Weekly Fundamental Analysis

Last week, the EUR/USD finished at its lowest level since...
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More EUR/USD Report

 
The third quarter is officially over and the new month is underway with Asian currencies facing threats from every corner. Iron ore prices continue to decline in Australia with retail sales hitting the wall. Japanese industrial production remains weak and the monthly Tankan index was mixed. Chinese...
The EUR/USD plunged to its lowest level since September 2012 after a report showed Euro Zone inflation slowed further in September on falling prices of unprocessed food and energy, according to the first estimate on Tuesday. Following the release of the news, traders sold the Euro in...
The US dollar continues to be an outstanding performer trading at 85.69 after more supportive data releases in the US on Monday. In US economic data, personal income rose by 0.3 per cent in August while spending rose 0.5 per cent, just ahead of forecasts. The pending...