Tag Archives: EUR/USD

EUR/USD Analysis

The pair started in Asia at $1.2751 this morning after last night’s $1.2709 to $1.2765 range in the US.

The Bollinger band base appears to be limiting downside follow through with the EUR/USD having bounced from fresh 2014 and

EUR/USD: The pair headed lower and is testing below the double low from last year around 1.2750.

USD: bolstered by the Fed The US dollar continued to appreciate last week.

The U.S. 10‐year is lower, back down to 2.55% and equities are flat but the USD is moving rapidly higher,

Today’s highlights: EURUSD has fallen to test our core target zone at 1.2787/55.

EUR/USD continues to decline and is nowtesting the strong support area between 1.2755and 1.2662.

We remain bullish on the USD over the next few weeks and favor expressing this view via long USDJPY positioning.

EURUSD: The set up for the, so far elusive, upside correction remainsin place despite a fresh trend

In the euro area the main event today will be the release of money supply M3and credit data for August.

The right divergences are in place for a bottom to form in Euro but

The pair closed in NY Wednesday at $1.2780 after rate was pressed through barrier support at $1.2800 during the NY morning,