Tag Archives: EUR/USD

Daily Technical Report

EUR/USD moved higher towards the key resistance area between 1.2577 and 1.2600 yesterday.

EURUSD: Players may sit tighter today holding cards close to their chests while waiting for the FOMC verdict today.

At the meeting tonight, we expect the FOMC to remove considerable time from the statement,

After having recently found support at $1.2414 the bounce Tuesday saw the EUR/USD spike above

The pair closed in NY Tuesday at $1.2511 after rate had pulled back from

Markets are volatile and flows are moving rapidly towards risk havens.

EUR/USD is consolidating. The recent succession of lower highs needs to

Today’s highlights: EURJPY has completed a bearish “outside day” and

EURUSD: Resistance is obvious in the 1.2480-96 zone, but the contracting range was entered from

Among the G10, the JPY outperformed, rallying to 117.43 vs. the USD.

In the euro area we expect higher PMI figures,

The pair closed in NY Monday at $1.2438 after rate recovered off intraday lows of $1.2415 post London 1600GMT fix to $1.2479.