Tag Archives: EUR/USD

Daily Market Technicals

The bounce from fresh 2014 and 2 year lows and below the Bollinger band base to end last week combined with

The pair started this morning at $1.2480, above Friday’s US session high of $1.2470 seen after the payrolls data release.

The EURUSD is close to important support levels – only if fails,

European central banks less surprising than the BoJ. As expected, the ECB did not launch a full-scale QE and

Markets are trading in tight ranges leading into the release of U.S. nonfarm payrolls and the weekend.

Today’s highlights: DXY $ Index maintains its strong rally and

EUR/USD has broken the hourly support at1.2440 (03/11/2014 low), confirming persistentselling pressures.

EURUSD was little changed Asia morning (1.2379),

EUR/USD is on the retreat again, but refs at 1.2363/29 should shore up losses,

In the US we expect another strong labour market report for October thisafternoon,

Fresh 2014 and 2 year lows continue for the pair as bears remain firmly focused on the 2012 low with

The pair opened this morning at $1.2375 after it crumbled to a $1.2364 low during the US/European session overnight following comments from