Tag Archives: EUR/USD

Daily Market Technicals

The EUR/USD remains heavy after trading at fresh 2014 lows to start the new week with bearish focus

The pair started this morning at $1.2230 but traded lower after initial $1.2232 high.

Markets are relatively quiet and favouring risk taking leading into the holiday week.

EUR/USD has declined further to its support at 1.2247.

EURUSD: The market is a far cry from rechecking the 1.28s now.

A very quiet day on the data front with US existing home sales and

The EUR/USD remains heavy after trading at fresh 2014 lows to start the new week with

The pair started today’s session at $1.2225 after a $1.2220 to $1.2302 range on Friday night in the US.

No holidays for central banks The sharp decline in oil prices is putting a lot of pressure on central banks.

Markets are mixed into the NA open, equities are flat, U.S. yields are falling,

Today’s highlights: EURGBP appears to be forming a bearish “symmetrical triangle” continuation pattern.

EUR/USD has declined further and is now near its support at 1.2247.