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1.2347 0.0014 (0.11%)
4:44:01 (GMT)
Bid 1.2345
Ask 1.2348
Open 1.2333
High 1.2355
Low 1.2321
 

Daily Technical Analysis

Daily EUR/USD Technical Analysis The EUR/USD is trading lower at the mid-session as investors get ready for the release of the latest Fed monetary policy statement at 2 p.m.ET. The main trend is up on the daily chart. It turned...
The currency and commodity markets are mixed shortly ahead of the release of the U.S. Federal Reserve monetary policy statement at 2 p.m. ET. Two words: “considerable time” should determine the direction of the market later in the session. The...
EUR/USD pair broke higher during the course of the session on Tuesday, but ran into quite a bit of resistance just above the 1.25 handle. That being the case, we ended up forming a massive shooting star, and as a...
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Weekly Technical Analysis

EURUSD outlook is more mixed with yesterday's unexpected weakness. Same levels apply for today with immediate resistance at 1.2425/20 the key to direction. Above here is more positive & targets 1.2465. If we continue higher a test of December highs...
The EUR/USD pair broke higher during the course of the week, but as you can see struggled at the 1.25 handle. This is an area that has been resistive in the past, so it makes sense that we would run...
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Daily Fundamental Analysis

Analysis and Recommendations: The EUR/USD fell 43 points giving back most of its gains this week to trade at 1.2468 still much higher than it should be. Trades could get volatile later in the session after the FOMC statement. Eurozone...
Analysis and Recommendations: The EUR/USD gained 78 points as eurozone PMI beat expectations giving the EU something to cling to as most expect Mario Draghi to start dumping stimulus to help the ailing economy. The US dollar tumbled today as...
Analysis and Recommendations: The EUR/USD fell 37 points ahead of the FOMC meeting on a quiet day with little data. The downward revision of Chinese growth is weighing on the global currency markets. The US Dollar traded on a negative...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The EUR/USD soared on Friday afternoon...
Weekly Analysis and Recommendation: The EUR/USD fell to a new...
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More EUR/USD Report

 
As Janet Yellen and the Federal Reserve Open Market Committee takes center stage, the currency markets are expected to be frozen in place until Ms. Yellen’s presentation late in the US session. The US dollar took a nose dive on Tuesday as problems in Russia sent traders...
February Crude Oil futures continued to slide on Tuesday. The catalyst behind the selling was a statement from the United Arab Emirates who said OPEC won’t cut production even if prices fall as low as $40 a barrel. Most traders are keep their eyes out for any...
Daily EUR/USD Technical Analysis After three days of consolidation, the EUR/USD surged to the upside, triggering buy stops over the closing price reversal top at 1.2494. The rally puts the Forex pair in a position to challenge the November 26 top at 1.2531. A trade through this...