Tag Archives: EUR/CHF

Daily Technical Report

EUR/USD has successfully tested the support at 1.2358.

Details on the German Q3 GDP numbers are released today and focus will be on how much private consumption grew last quarter.

EUR/USD: Momentum clearly pro-decline.

EUR/USD collapsed on Friday.

German IFO expectations are expected to show signs of improvement.

The ECB is getting more vocal on a potential full-scale QE as inflation and inflation expectations threaten its price-stability mandate.

EUR/USD is challenging the resistance at1.2577 (see also the declining trendline).

EURUSD: It is possible that a correction low was put in place yesterday

It is a very thin calendar and most focus will be on speeches by Draghi andWeidmann.

EUR/USD continues to grind higher.

Euro PMIs are due for release and it will be interesting to see whether theimprovement in the financial ZEW expectations is mirrored in the PMIs.

EUR/USD’s bounce has thus far beenunimpressive.