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1.3843 0.0038 (0.27%)
8:16:40 (GMT)
Bid 1.3843
Ask 1.3844
Open 1.3808
High 1.3845
Low 1.3800
 

Daily Technical Analysis

The EUR/USD pair tried to rally during the session on Tuesday, but fell from the 1.3835 level to form a shooting star. This suggests that the market is going to continue falling from here, and that a significant amount of...
Daily EUR/USD Technical Analysis The EUR/USD is trading better at the mid-session. The main trend is down. The main range is 1.3672 to 1.3905. The retracement zone formed by this range is 1.3788 to 1.3761. On Tuesday, the EUR/USD took...
The EUR/USD pair initially tried to rally on Monday, but found enough resistance above that the market fell. However, the European tour and even at work during the session, so it’s hard to read too much into this candle. We...
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Weekly Technical Analysis

The EUR/USD pair had a negative week over the last five sessions, but did find the 1.38 level as supportive. Because of this, it feels of the market is going to possibly drop from here, but not very much. With...
The EUR/USD pair rose during the week, breaking above the 1.38 level handily. However, we need to get above the 1.3950 level, and for that matter the 1.40 level in order to feel comfortable enough to start buying and holding...
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Daily Fundamental Analysis

Analysis and Recommendations: The EUR/USD gained 20 points to trade at 1.3813 staying within its recent trading range with no Eurozone data and US data still in front of the markets. ECB’s Draghi can look for clues from euro-area companies...
The EUR/USD finished slightly better on Monday accompanied by volatile price action. Volume was down because of the extended Easter celebration. Germany, Italy and France are all on bank holiday today. Low volume doesn’t necessarily mean tight ranges. Today’s activity...
Analysis and Recommendations: The EUR/USD is trading at 1.3818 with global markets shuttered for the Easter Holiday there is no volume and no action to report. The pair is closely looking at the ECB statements along with strong US data...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The EUR/USD  actually made little headway...
Weekly Analysis and Recommendation: The EUR/USD  closed the week at...
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More EUR/USD Report

 
Economic data is the focus of the markets this morning with Chinese HSBC manufacturing PMI missing expectations and Australian CPI printing below expectations. The HSBC/Markit flash Purchasing Managers Index (PMI), which measures China’s factory activity, rose to 48.3 points in April from 48 points in March. But...
The European Central Bank Director has received a reputation for talking up or down the euro without taking much action. He seems to be able to manipulate the euro’s value with his words and threats of action. Just two months ago, he sent the euro sailing when...
The GBP/USD rallied on Tuesday as speculators increased bets tomorrow’s Bank of England minutes will contain talk of raising borrowing costs. Declining U.K. government bonds is also a sign that investors are looking for higher interest rates. With upside momentum increasing, the British Pound is moving closer...