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1.2851 0.0004 (0.03%)
3:48:25 (GMT)
Bid 1.2851
Ask 1.2852
Open 1.2846
High 1.2864
Low 1.2846
 

Daily Technical Analysis

Daily EUR/USD Technical Analysis The EUR/USD inched lower on the daily chart after dovish comments from European Central Bank President Mario Draghi earlier in the session. The market is currently trading inside a downtrending channel bounded by 1.2914 on the...
EUR/USD fell during the course of the day on Friday, testing the 1.28 level yet again. However, we did not break down below that area and as a result we feel that this market should continue to go sideways. If...
EURUSD The EURUSD could have completed the 3rd wave (orange) but more confirmation is needed. The price action of all pairs could be volatile depending on the Scottish independence referendum results which are expected to be released on Friday morning...
More EUR/USD Daily Technical Analysis

Weekly Technical Analysis

The EUR/USD pair initially tried to rally during the course of the week, but found the 1.30 level to be far too resistive. With that being the case, the market continued to show weakness, and we broke down to the...
The EUR/USD pair fell during the course of the week, but found the 1.2850 level to be supportive enough to turn things back around and form a nice-looking hammer. This suggests that the market is going to bounce from here...
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Daily Fundamental Analysis

Analysis and Recommendations: The EUR/USD gained 18 points to trade at 1.2849 after falling at the end of the week. Traders are now thinking that the ECB will be forced to add additional stimulus to help support the economic recovery...
Analysis and Recommendations: The EUR/USD tumbled 62 points to trade at 1.2861 after German PPI met expectations but remained well under the ECB requirements. The US dollar continued to gain momentum to trade at 84.68. The dollar rose 0.2 per...
Analysis and Recommendations: The EUR/USD gained 14 points after taking a major fall the previous day. Traders took advantage of the weak prices to buy up the currency which is trading at 1.2874 at present. The FOMC decided to taper...
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Weekly Fundamental Analysis

Last week, the EUR/USD finished at its lowest level since...
After trading down to its lowest level since July 2013...
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More EUR/USD Report

 
The U.S. Dollar strengthened today, pressuring foreign currencies and dollar-denominated commodities such as gold and crude oil. The catalyst behind the buying was a comment by Chinese Finance Minister Lou Jiwei. His comment gave investors an excuse to take profits out of higher-risk assets and move them...
Asian markets started the week off on an active note, but with very little economics data. The only event released on Monday morning was New Zealand’s consumer sentiment which came in a bit lower than last month. Asian stocks are trading on a negative note today on...
Daily EUR/USD Technical Analysis The EUR/USD is trading lower at the mid-session and set to finish lower for the week. The downside pressure created by the selling targets a major weekly Fibonacci level at 1.2787. The short-term range on the daily chart is 1.2994 to 1.2834. The...