Tag Archives: EUR/USD

EUR/USD Analysis

The pair ended the US session at $1.2482, seen as its first sub-$1.2500 close since August 2012 but

The NZD sits toward the bottom end of the G10 leader-board vs the USD,

EUR/USD: Momentum pro-decline. Some pressure on 1.25 level possible, but immediate breakthrough does not seem likely.

U.S. equity markets closed October on a new monthly high; however a lack of upside momentum in

EUR/USD: was rather wild for a change in Asia but has since reversed to trade only 25 pips lower than Friday’s close into the European open.

EURUSD: Following the recheck and validation of the neckline breakthe market continued its descent down to

A very busy week ahead with PMIs/ISM today, mid-term election in the US onTuesday, ECB meeting on Thursday and US non-farm on Friday.

Fresh 2014 and 2 year lows reconfirmed bearish pressure last week with overall focus having shifted to the $1.2042 2012 low.

The pair started at $1.2517 this morning after Friday’s moves saw the single currency slide to

EURCHF on a collision course with EURCHF “floor” EURCHF continues to grind lower, increasing the speculation that it’s only

Developments in the Asian and European session were important drivers of medium term USD strength.

EURUSD: A move below key support at 1.2540-45 will expose 1.2500.