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- EUR/USD Weekly OutlookEUR/USD dropped to as low as 1.2641 last week and formed a short term bottom there, above 1.2625 low, and recovered. Initial bias is mildly on the upside this week for recovery to 4 hours 55 EMA (now at 1.2844) and above. But strong resistance ...
- Forex Flash: EUR/USD likely to remain under pressure – CommerzbankFXstreet.com (San Francisco) - EUR/USD has pushed to fresh session highs this Friday in North America, reaching as high as 1.2740 as it bounces from 1.2641, recent 4-month low, hit in earlier trading. However, in the long run, “Fears of a ‘Grexit ...
- EUR/USD – Where Might Unwinding Meet Selling Again?After a 2-week tumble from about 1.3280 to 1.2810, the EUR/USD started to stall against this trend in the 5/15 European session. The Euro Area avoided a recession in Q1 on the back of positive German GDP data. In my opinion, the data is not that ...
- Vodafone UK Intros BlackBerry Curve 9320 for £135 (215 USD/165 EUR) on PAYGUK-based carrier Vodafone has just added the BlackBerry Curve 9320 to its portfolio of smartphones. Customers who are looking for a bargain can check this one out as the carrier offers the smartphone for just £135 (215 USD/165 EUR) on PAYG (pay as you go).
- EUR/USD Classical Technical Report 05.17EUR/USD:The market remains under intense pressure and the focus for now is squarely on a retest of the 2012 lows from January at 1.2625. While we would not rule out a possibility of a test of this level over the coming sessions, short-term ...
- EUR/USD Looking for Support, Traders Say 'No Thanks'The spot price of the EUR/USD breached support levels at around 1.300 last week and is looking to find support Monday, but traders aren’t eager to catch this knife. The fall is taking place as drama in Greece and throughout Europe is seemingly beginning ...
- Forex: EUR/USD below 1.2700 ahead of London, G-8 meeting and options expirationsFXstreet.com (Barcelona) - EUR/USD is currently at 1.2682, almost flat for the Asia-Pacific session, with highs at 1.2708 and lows at 1.2670 for same period, down by -0.26% since yesterday's opening. Local share markets trade in the big red with ...
- EUR/USD: 2 Weeks of Declines. Now What?"Euro Falls for 2nd Week on Concern Greece May Exit Union (Bloomberg) "FOREX-Euro near 3-1/2-month low vs dollar as Greece churns" (Reuters) "Fitch may put euro-zone states on negative watch" (CBS News) Sounds pretty negative. In fact, today ...
- Forex: EUR/USD sees whipsaw activity post FOMCFXstreet.com (San Francisco) - The initial market reaction to the latest minutes of the Federal Open Market Committee's April 24-25 meeting was a sharp dip in the US dollar against its major trading counterparts, with EUR/USD climbing into the 1 ...
- EUR/USD Bounces, But Greece Fears RemainOn Wednesday Euro/Dollar traded within 80 pip range. The European currency appreciated from 1.2680 to 1.2759 yesterday, not matching the negative money flow sentiment at nearly -11%, closing the day at 1.2713. This morning the Euro is trading ...
- EUR/USD Forming Short-term Triple Bottom Above 1.29The EUR/USd is consolidating above the 1.29 handle. The 1H chart shows a triple bottom forming, with a break above 1.2970 to complete the pattern. This would suggest a near-term rally toward the 1.30 area. This short-term bullish outlook is ...
- EUR/USD Hits 4-Month LowThe euro continued to tumble throughout yesterday’s trading session as investors grew more concerned regarding the impact of a possible new Greek election next month. The EUR/USD fell close to 70 pips during European trading, reaching as low as 1.2829.
- EUR/USD Setback Targets 1.2624 (2012 low)EUR/USD’s multi-month reversal pattern has extended its setback and, as anticipated, now targets 1.2624 (2012 swing low). However, the slide is still very overstretched and due some temporary unwinding over the next few sessions. Expect a potential ...
- EUR/USD back towards opening levelsHIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your ...
- EUR/USD Bearish Momentum Unwinds From Oversold ConditionsEUR/USD's bearish momentum is temporarily unwinding, having overstretched beneath psychological support at 1.3000. Our model portfolio remains short, with a breakeven stop. While the market holds beneath 1.3000, expect the important multimonth reversal ...
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