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    • Fxwes replied Jun 14, 2017

      EUR/USD jumped higher today, almost reaching US election level, but failed to surpass the key 1.13 mark and even went lower later. Current market price is 1.1212 and immediate resistance is seen at 1.1233. In case of breaking it, another move to the ...

      EUR/USD Daily Technical Analysis
    • Fxwes replied Jun 10, 2017

      After having a very turbulent week with EUR/USD falling below 1.12 mark, the week ahead is suggesting a modest downward corrective movement for the pair. Anyway, the pair is not seen below 1.10 although we have Fed’s meeting on Wednesday and ...

      EUR/USD Daily Technical Analysis
    • Fxwes replied Jun 9, 2017

      EUR/USD fell to 1.1180 after having marked daily high at 1.1237 yesterday. The pair was affected by the election in UK which caused huge sell-off in GBP. ECB are not going to lower rates soon, but however this didn’t supported the single currency to ...

      EUR/USD Daily Technical Analysis
    • Fxwes replied Jun 7, 2017

      The EUR/USD pair retreated from the fresh highs and marked a weely low at 1.1204 ahead of the ECB meeting. Short term has turned to be slightly bearish. The pair broke below the 20-day SMA, but still is holding above the 100-day SMA.

      EUR/USD Daily Technical Analysis
    • Fxwes replied Jun 6, 2017

      Ahead of the important macro events this week ,the EUR/USD pair seems to range bounded. The risk to the downside remains limited until the pair holds above the 1.12 handle. But to confirm a strong bullish run is needed a break through the 1.13 mark.

      EUR/USD Daily Technical Analysis
    • Fxwes replied May 31, 2017

      EUR/USD was very close to the important 1.12 handle during the Asia session, but drifted lower and now entered in bearish consolidation. Today are due releases of German retails sales and Euroarea flash CPI, which can give fresh power to euro bulls.

      EUR/USD Daily Technical Analysis
    • Fxwes replied May 28, 2017

      The week begins with a holiday in USA, but later in the day the focus will be on Draghi’s speech. During the past week the EUR/USD was trading almost flat and in consolodation between 1.1150 and 1.1260. Friday are due the NFP numbers and may wxpect ...

      EUR/USD Daily Technical Analysis
    • Fxwes replied May 22, 2017

      The EUR/USD is trading around 1.1250 this morning. In case of breaking 1.1284, next bulls target is seen at 1.1366 and higher at 1.1400 level. On the other side, a break below 1.1200 will open doors for testting March’s high at 1.0906.

      EUR/USD Daily Technical Analysis