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EUR/USD: Price Caught At 1.0867 Level
Trading on the Euro closed down on Wednesday by an insignificant amount. US 10Y bond yields, which surged to 2.417%, put pressure on buyers. Now bond yields are declining and so the Euro has restored to 1.0872.
EUR/USD: Market Correction Of 135 Degrees
Given that the weakening of the Euro from a high of 1.1021 stayed within 135 degrees, and that the trend line has been broken through in Asia, I'm predicting some correctional movement to the 45th degree at 1.0915.
Short-Term Trading Idea FX USD/CAD - Bear Speculation: Weekly Pin Bar
On the back of a drop in oil and the general rise of the dollar, the Canadian fell against the US dollar in March to 1.3535. After a 25-day correctional rally, the dollar continued towards 1.3793.
Euro/Dollar Pair Losing Ground
Trading on the Euro/dollar currency pair in Europe continues to slide from its Asian maximum of 1.1021. It's been experiencing some additional pressure from the EUR/GBP cross.
Short-Term Trading Idea USD/JPY - Bear Speculation: Possible Rebound From The Trend Line
After rebounding from the lower line of this channel by 61.8%, the dollar closed up against the Yen for three weeks in a row. Emmanuel Macron is now the President-elect of France. The dollar is currently trading down in Asia.
EUR/USD: Macron Has Won, Buyers Cashing In
Trading on the Euro has opened up this morning (Monday) in the wake of Emanuel Macron's victory, who is now President-elect of France. In the second round, the leader of "En Marche!" won 66.06% of the vote, with Le Pen at 33.94%.
EUR/USD: Price Exits 7-Day Range
Trading on the Euro/dollar pair closed up on Thursday by exactly 100 pips. After leaving its 7-day range, the Euro appreciated against the dollar as far as 1.0983.
EUR/USD: Euro Expected To Continue Decline
Given the fact that the dollar strengthened after the Fed's decision to maintain interest rates at their current level, for today (Thursday), I'm going to risk predicting a further slide for the Euro to 1.0860.
EUR/USD: Markets Await The Fed's Press Release
Trading on the Euro/dollar pair closed up on Tuesday at 1.0932. A bare economic calendar in the US allowed the Euro to recover some of its losses and renew the session maximum owing to a drop in US bond yields to 2.18%.
EUR/USD: Europe Resting, V-model Expected In A Day Of Formations
On Friday, the Euro traded within a range of about 100 pips. The Euro's rally was brought about in the first half of the day by some positive inflation data from the Eurozone and disappointing GDP figures from the UK.
EUR/USD: Trend Line Broken Through
On Wednesday, the Euro closed up thanks to Trump's comments. After talking about Syria, he turned his attention towards North Korea, and then to the US dollar. From a low of 1.0569, the Euro restored against the dollar by 90 degrees.
EUR/USD: Euro Again Ready For A Breakout Of The Trend Line
The EUR/USD pair closed up yesterday for the second day in a row. Over the last few days, a false breakout of the trend line has been confirmed. The Euro strengthened against the US dollar to 1.0630.
EUR/USD: Euro Remains Under Pressure From Cross
Trading on the Euro on Monday closed slightly up. The price corrected from 1.0570 to 1.0607. The economic calendar was bare, so market activity remained low. The price spent most of its time in a sideways trend.
The Euro Has Stabilised Around 1.0590 Level
The EUR/USD pair has been unable to show any significant recovery from the Asian low of 1.0570. Interest in the single currency has all but faded as the rate approaches 1.0595.
FX GBP/USD - Sideways Trend: Price Trading In The Middle Of The Range
GBP/USD has been in a sideways trend for half a year (6 months or 128 trading days). Any news about a 'hard' Brexit has a negative influence on the British pound.
EUR/USD Pair: Monday Against Friday
Trading on the EUR/USD currency pair closed in the red on Friday. The Euro fell on the back of contradictory data from the US. The Euro grew by 45 points in response to the low NFP figures.
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