Tag Archives: EUR/USD

EUR/USD Analysis

A choppy morning for the euro after it opened at $1.2734 today and following its $1.2641 to $1.2749 US trading range overnight.

The rally from just short of the $1.2500 level continues with the EUR/USD now approaching the 21-DMA.

The collapse in the U.S. 10‐year yield back to 2.34% (within range of the year‐to‐date low of 2.30%) and

Today’s highlights: EURUSD above 1.2689/99 can see the formation of

The USD recovered slightly in Asia. The EURUSD edged down to 1.2633,

EURUSD: The 1.2580 mid-body point held as support yesterday. In the intradailies it is possible to

The pair started the day at $1.2669 after a $1.2587 to $1.2682 range during the US session overnight.

Bulls are taking a little comfort in the bounce from just short of the key $1.2500 level when combined with

EUR/USD: traded back above the pre-NFP levels early on the back of the broad-based dollar correction.

The Friday/Monday reversal in Euro was a strong signal that prices are attempting to mark a near-term bottom.

Into the North American open, the USD is strong, equities are weak and yields are lower in the U.S. but higher across Europe.

Today’s highlights: EURUSD trend remains lower while capped below