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- Fxwes replied Dec 1, 2016
The EUR/USD pair advaced slightly this week, still remains limited by the 1.0600 level. The macro data release on both sides the Atlantic couldn’t give enough strenght to set clear direction. The pair is currently consolidating and yet is capped by ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 30, 2016
The single currency marked an increase against the US dollar on Tuesday. The session started at 1.0612 and closed 36 pips higher. In the short-term the outlook remains neutral. A break of the range to the downside and a test of 1.0550 is more likely ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 29, 2016
The single currency marked slight increase against the US dollar on Monday. The EUR/USD pair reached a daily high at 1.0685 and low at 1.0563. The pair remains at risk of further decline and the next target appears to be the levels at 1.0550.
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 28, 2016
It’s an importnat week for the US dollar with the NFP data upcoming on Friday, along with the preliminary estimates on Q3 GDP and the ADP numbers on Wednesday. Meanwhile Europe offers a major event with risk behaviour on markets – the Italian ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 25, 2016
During the last two weeks the EUR/USD pair is staying below the middle lines while technical indicators has been elevated after spending sure time within the oversold area. While price is placed below 1.0505, next target is seen at 1.0460.
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 25, 2016
The single currency performed neutral during Thursday session. The opening price of opening completely coincided with that of closing - 1.0551. The EUR/USD moved within extremely narrow range, but the pair managed to break the first support at ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 24, 2016
The EUR/USD pair is moving under the bearish 20-day SMA. The technical indicators are placed within bearish mode. Furtehr slides and a break below 1.0505 are well expected.
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 23, 2016
Currently the EUR/USD pair is exposed to further downward slope, having in mind that is placed below 1.0600 area and also below the moving averages. Immediate resistance is seen at 1.0605, where know is lying the 20-day SMA. Support is located now ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 22, 2016
The euro marked slight increase against the dollar on Monday. The short-term expectations remain in favor of the US dollar, with breaking the support at 1.0519, that could confirm another leg downwards. Next support is located at 1.0452. First ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 18, 2016
The EUR/USD continues to slide downwards as Yellen’s comments and the positive macro data from USA supported the dollar’s strength. The pair remains under the sloping to downwards moving averages with RSI at negative territory. The intraday ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 17, 2016
The euro continued to suffer and depreciated by 31 pips to reach a new yearly low at 1.0689. Consolidation at the respective levels will ease the bears to continue the downward direction. Support now is seen at 1.0660 and resistance is placed at ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 16, 2016
For seventh consecutive day the euro continued sloping downwards against the dollar adn reached a new 11-month low. The positive macro data in the euro zone failed to support the EUR/USD. The psychological support at 1.0700 appears now main target.
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 15, 2016
Technical readings are showing strong bearish trend. A possible break below 1.0730 will lead to lower levels around 1.0700.
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 15, 2016
The euro continued sloping downwards on Monday and closed at lowest level for over a year. The single currency depreciated by 96 pips to 1.0736. The downward trend was broken by positive data on industrial production in the eurozone, but reached ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 11, 2016
The single currency recorded a modest decline against the US dollar on Thursday. The pair lost 19 pips to closing price of 1.0890. In the short-term the outlook remains bearsih, as the pair extends its decline below the moving averages. Technical ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 10, 2016
The euro marked negative session against the US dollar on Wednesday. After a volatile session the pair lost 116 pips and closed at 1.0908. The pair broke the first resistance at 1.1160 and bounced back from the second resistance at 1.1286. Later the ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 8, 2016
Today the EUR/USD is feeling under great pressure and the pair fell to previous lows and was testing the 1.1010 level. Clinton’s victory might drive the pair downwards to October 25th low at 1.0850. Indicators are placed within negative territory. ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 7, 2016
The single currency marked a modest decline against the US dollar on Monday. The session closed 22 pips lower at 1.1039. The price is currently located above the moving averages, while RSI remains at neutral territory. If the downward trend ...
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 7, 2016
The EUR/USD pair is turning bearish in the short-term, given the fact that the price broke below the support line at 1.1060. Anyway the US elections tomorrow has the last saying.
EUR/USD Daily Technical Analysis
- Fxwes replied Nov 4, 2016
EUR/USD consolidated it gains yesterday . The euro rose moderately to 1.1105, having traded within the extreme values 1.1125 and 1.1059. The pair remains above the moving average values, while RSI is loosing strength, alluding to the fluctuation of ...
EUR/USD Daily Technical Analysis