Tag Archives: EUR

EUR Mid-day Analysis

One didn’t even need to look to the Euro chart to know that more lower-low action

EURUSD: Sellers retain the upper hand and it still looks like a sell once the intraday stretch is gone.

In addition to weaker than expected inflationary data from Italy,

The most the bull camp can hope for is a temporary extension of sideways consolidation on the charts.

Our USD index (JPMQUSD) continues to make new highs.

The Euro has carved out a series of higher lows over the last couple sessions and

Undermining the Euro to start today is news of a fresh all-time high in French unemployment for

The Euro sits just barely above its recent new low for the move and

While the Euro forged a lower low overnight, it has forged a rebound in the face of residual concerns

USD bullish sentiment has softened, with today’s data marking the fourth consecutive week of a narrowed USD long position.

The Euro is showing renewed weakness and the prospect of a lower low

The Euro is holding right on the prior session’s lows this morning but the chart look isn’t overly supportive.