Tag Archives: Gold

Daily Technical Report

EUR/USD has moved below the key support at1.2501, confirming persistent selling pressures.

EURUSD: The markets seems to be in the process of correcting short-term stretch with

In the US focus will be on the mid-term election. The Republicans are expected to

The sharp sell-off that culminated in break of the key $1180.2-1182.4 resistance region Friday further confirms bearish dominance and

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

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.

The sharp sell-off last week that culminated in break of the key $1180.2-1182.4 resistance region

CFTC traders are bullish the USD, holding net shorts in EUR, JPY,AUD, CHF, CAD, MXN, GBP and NZD.

EUR/USD is approaching the key support at1.2501.

We now expect euro-area HICP to remain unchanged at this cycle low of 0.3% inOctober.

Losses below the 21-DMA continued Thursday before gold found support just ahead of

EUR/USD declined sharply yesterday. Thebreak of the support at 1.2614 calls for a test ofthe recent lows at 1.2501.