EUR/USD Forex Technical Analysis Round-Up

On Monday, the euro lost ground from it’s high of 1.4285 on Thursday to trade at the 1.3900 level against the U.S. dollar in European morning currency market trading. As of around 10:50 A.M. GMT, the euro was trading at 1.3920, down 0.98% from its open on the day of 1.4061. Read more about the [...]

EUR/USD Retreats

The Euro lost upside momentum during the American session and retreated from 9-month highs at 1.4280 to 1.4185. EUR/USD currently is hovering around 1.4200, almost a hundred pips above the price it had at the beginning of the Asian session. Read more about the EUR/USD…

EUR/USD Spikes, Then Falls After Fed Announcement

The EUR/USD has spiked as traders anticipating a large move in the Fed’s policy have seen the numbers come out, and are presently expressing their point of view. The Federal Reserve has said that they plan on an additional $600 Billion in stimulus policy, which is on the low-end of most estimates. The market has [...]

EUR/USD Holds Above 1.3880

EUR/USD continues to move sideways in Asia as traders remain cautious ahead of the RBA rate decision. The pair dropped toward an intraday low at 1.3881, although it failed once more to extend below the 1.3880/70 area that has been supporting the pair for the last four sessions. Read more about EUR/USD…

EUR/USD Decline Supported by 1.3892

The US Dollar gained marginally against the single currency on Friday, as traders flew to safety assets, mainly driven by positional adjustments on the belief the Fed will expand briskly its quantitative easing program next Nov 2. Read more about EUR/USD…

Euro Looks for Bid with Prospect for QE Increasing

Markets continue to debate the possibility and the scope of quantitative easing from the FOMC which has lead to shifts in dollar sentiment. The EUR/USD has started to carve out a short-term range as the pair has become a proxy for overall greenback direction. Read more about the Euro…

Dollar Holds Steady Against Euro

In trading today, the dollar managed to pick up against the euro, which has encountered technical resistance and has struggled so far to stay above the $1.40 barrier. The downward move in EUR/USD is most likely attributable to investor wariness over what the Federal Open Market Committee will decide in its November meeting.  The uncertainty [...]

EUR/USD: Option Plays Still the Dominant Factor

No change in the prognosis here with heavy demand below 1.3850 providing a base overnight, and there is also talk of barriers at 1.3800 which will be protected. Read more about EUR and USD…

EUR/USD Retreats Further Towards 1.3900

The Euro extended its late US decline passed 1.3933, Monday’s low, falling to find support at 1.3907, a new daily low. The pair was taken higher to 1.4079, a one-week high on Monday, but the 1.4000 level continues denying further bullish scope. Read more about the Euro…

EUR/USD Back to 1.3950

EUR/USD Current price: 1.3942. Wide ranges and strong volatility continue, with the pair entering the Asian session around past Sunday opening despite reaching an intraday high around 1.4077. The Euro lost momentum, as investors continue taking profits out of the table quite fast, and working with tight stops. Read more about the EUR and USD…

EUR/USD Analysis

With the recent weeks of positive news for EUR/USD, one would suspect that the upward trend should continue with plenty of support coming from ongoing weakness with the dollar. Today’s drop for the euro, though, mixed with a bit of technical analysis, could prove otherwise. In trading today, the euro fell 1.51% against the dollar [...]

EUR/USD Approaches 1.4000

FXstreet.com (Buenos Aires) – EUR/USD is back on track as the cross approaches the 1.4000 level, after setting an intraday low around 1.3830 early in the European opening. The pair has been rising at a steady pace since then, and the pair is less than 10 pips away from the strong psychological level. Read more…

EUR/USD Consolidates Gains

FXstreet.com (Barcelona) – The Euro’s rally from 1.2650 on Sept 10 broke into new higher ground in Asian trade this Thursday, after breaching the upside hurdle at 1.4025, with European traders completing the job by dragging the price further up to 1.4121, a new 9-month high. Read more about the Euro…

EUR/USD Posts Fourth Weekly Gain in a Row

FXstreet.com (Córdoba) – The Euro finished on Friday above 1.3900 and posted the highest weekly close since January. EUR/USD has risen more than 1250 pips since the beginning of September and continues to move with a clear upside bias. Read more about the Euro…

Forex: EUR/USD Holds Close to Daily Highs

FXstreet.com (Córdoba) – The Euro retreated from 1.3858 to 1.3828 but remains trading close to the highs, consolidating a daily gain of more than 150 pips. EUR/USD is headed toward the highest daily close since early February. Read more…

EUR/USD Forex Technical Analysis

As of around 6:07 P.M. GMT on Monday, the euro pulled back from Friday’s 6-month high against the dollar, halting its recent rally in late U.S. currency market trading. This is what the analysts say about the heavily traded currency pair in the near-term: According to Actionforex, further EUR/USD downside movement should be contained by [...]

EUR/USD capped by 1.3570 resistance area (The Forex Market)

FXstreet.com (Buenos Aires) – EUR/USD Current price: 1.3545. Strong came back from 1.3450 low, reached early in the American session, had left the pair in a probable double bottom clear on daily charts that will anyway need a break above the 1.3700 level, to be confirmed.

Sovereigns continue to support EUR/USD (The Forex Market)

There seem to be a lot of comments and opinions emanating from the EU on the Greek situation despite the 30-day cooling off period but the EUR/USD continues to hold up quite well.

EUR/USD Continues Climb Above 1.40 Yet Euro Shows Relative Weakness

The EUR/USD kept steamrolling through May 22 highs on increasing volume, and is distancing itself from the psychological 1.40 level on Monday. It appears the action may not slow today with the 8:00 bar on the 4 hour registering a higher volume than the previous 5 sessions. Additionally, our trend… Read more….

Forex: EUR/USD falls to 1.4150 (The Forex Market)

FXstreet.com (Córdoba) – The Dollar recovered some losses against the Euro. EUR/USD rose above 1.4200 to 1.4240 but failed to stay at those levels and rally downside to 1.4150 which is the lowest level for the American session.

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