Tag Archives: Crude Oil

FX Daily

Spanish and German inflation will provide information about the impact of thedecline in the oil price during October.

The $83.26-84.08 resistance region is key with bulls needing a close above $83.26 to

EURUSD: Even though our call yesterday for a potentially completedupward correction was proven wrong we continue to

The main event is the Fed meeting tonight. Given the recent market turmoil, the Fedis likely to

The $83.26-84.08 resistance region is now key with bulls needing a close above $83.26 to

EURUSD: Yesterday’s rise to 1.2723 might very well have been thefinal move higher in

In the US, durable goods orders are due for release and consensus is for an increase of0.5% m/m in September.

The $83.26-85.56 resistance region remains key with bulls needing a close above $83.26 to

EURUSD: With both of the short term correction patterns (hourlytriangle or flag)

Focus will be on the ECB’s asset quality review and stress test, which were releasedyesterday.

The $83.26-85.56 resistance region is key this week with bulls needing a close above $83.26 to

EURUSD: The pair initially fell down between the 1.2625 and 1.2605support points before