Tag Archives: EUR/USD

EUR/USD Analysis

The pair started this morning at $1.2536 after a $1.2510 to $1.2545 range during the US hours last night.

Entering the NA trading session, the USD is weak, with many other markets relatively quiet.

Today’s highlights: EURJPY is vulnerable to a snap back correction,

EUR/USD: We have squared longs and will be looking for levels to enter shorts.

EUR/USD has weakened near the resistance at1.2577.

EURUSD: It’s not a one way ticket – as it should be during corrections.

USDJPY was largely steady around 116.6 ahead of the Abe’s press conference.

We expect the German financial ZEW expectations to break the 10-month streak ofdeclines and

The sharp correction lower from Monday’s spike above the 21-DMA has reconfirmed the bearish bias and

The pair traded a $1.2445 to $1.2506 range during the US hours last night before it opened at $1.2450 this morning in the Asia-Pacific.

In reaction to the a series of indicators that confirmed the strengthening of US growth,

Supportive of our call for a rally in Euro is the base building process on the hourly chart.