Today is Sun, August 30, 2015 3:28:12 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook
Home » Currencies » EUR USD News

Chart Of The Day For August 28th ,2015 – EUR/USD

By Ilya Spivak Talking Points: EUR/USD Technical Strategy: Flat Euro Drops for Third Day, Aims at Push Below 1.12 Figure Risk/reward Parameters Argue Against Taking Short Trade The Euro declined for a third consecutive day against the US Dollar, with prices now aiming at support below the 1.12 figure. A daily close below the 61.8% […]

Chart Of The Day For August 27th ,2015 – EUR/USD

By Ilya Spivak Talking Points: EUR/USD Technical Strategy: Flat Euro Rebound Fastest Since 2009 Waiting for Short Setup to Emerge The Euro has advanced to the highest level in over seven months against the US Dollar, with prices claiming a foothold above the 1.16 figure. The speed of the advance has been at least as […]

EURUSD – Seeking Confirmation of Monday’s Break

We’re seeing a rebound in the dollar following a strong start to the day following comments from FOMC voting member William Dudley, who claimed that a September rate hike looks less compelling. While this isn’t necessarily a surprise given the extreme levels of market volatility as of late and growing concern over emerging markets and […]

Euro, Yen Drop as China Stimulus Lifts Market Spirits. Will it Last?

Talking Points: Yen, Euro Drop on China Stimulus But Risk Appetite Boost May Be Fleeting US Durables Data, Fed Commentary in Focus as Markets Look for Guidance See Economic Releases Directly on Your Charts with the DailyFX News App The Japanese Yen and the Euro faced selling pressure in overnight trade as stocks recovered across […]

Chart Of The Day For August 26th ,2015 – EUR/USD

By Ilya Spivak Talking Points: EUR/USD Technical Strategy: Flat Euro Rebound Fastest Since 2009 Waiting for Short Setup to Emerge The Euro has advanced to the highest level in over seven months against the US Dollar, with prices claiming a foothold above the 1.16 figure. The speed of the advance has been at least as […]

Dollar Attempts Comeback

PBoC cuts rates and reserve requirements Will China’s actions stem the current equity rout? China’s cut bring much needed stability Dollar finds some much needed support China’s equity markets now seem to be isolated with their equity rout continuing (down -7.63% Tuesday) as concerns about a hard economic landing remain. Currently, the world’s second largest […]

Currencies Eyeing German, US Data as Market Selloff Seeks Fresh Fodder

Talking Points: Aussie Dollar Gains, Yen and Euro Fall as Risk Aversion Takes a Breather German, US Economic Data in Focus as Market Selloff Seeks Fresh Fodder See Economic Releases Directly on Your Charts with the DailyFX News App The Australian Dollar outperformed in overnight trade, rising as much as 1.7 percent on average against […]

Chart Of The Day For August 25th ,2015 – EUR/USD

By Ilya Spivak Talking Points: EUR/USD Technical Strategy: Flat Euro Rebound Fastest Since 2009 Waiting for Short Setup to Emerge The Euro has advanced to the highest level in over seven months against the US Dollar, with prices claiming a foothold above the 1.16 figure. The speed of the advance has been at least as […]

Market Focuses On Euro, Yen Carry Trade Unwind

PBoC holds off on easing, global equities plummet Safe haven flows and equity liquidation dominate Carry-trade: massive unwinding continues Will Jackson Hole Summit provide clues? Capital markets continue to see red as risk aversion flows have switched into a higher gear; worries over a China slowdown, FOMC policy uncertainty, and disinflationary macro environment continue to […]

Euro and Yen Capitalize as Risk Aversion Sweeps Financial Markets

Talking Points: Kiwi Dollar Underperforms as RBNZ Compounds Pressure from Risk Trends Euro Joins Japanese Yen in Capitalizing on Sharp Carry TradeLiquidation See Economic Releases Directly on Your Charts with the DailyFX News App The Australian, Canadian and New Zealand Dollars underperformed in overnight trade as risk aversion continued to sweep financial markets, weighing on […]

Chart Of The Day For August 24th ,2015 – EUR/USD

By Ilya Spivak Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1309, 1.1191, 1.1016 Resistance: 1.1466, 1.1574, 1.1811 The Euro continues to push aggressively higher against the US Dollar, with prices testing the highest levels in three months. A daily close above the 1.1428-66 area (61.8% Fibonacci expansion, May 15 high) exposes the 76.4% level at […]

EURUSD – Closing in on Massive Resistance

The euro has continued its impressive move higher for a third day on Friday, having rallied 2.75% off Wednesday’s lows, where it found support from the descending trend line it broke above the week before.The pair has broken through 1.13 with relative ease despite facing initial resistance prompting a small correction. This has opened up […]

Markets See Red With Risk Aversion In Full Swing

Divergent trading themes confuse markets EM Currencies print multi year lows China has reason to adjust its RRR this weekend Geopolitical worries supports safe haven demand It’s relentless and there is no let up in sight anytime soon. Investors are trading divergent trading themes, which is resulting in volatile and confusing markets for all participants […]

Top trade idea for August 21st, 2015 – EUR/USD

The Euro is approaching trend resistance against $US and will also meet the 200 day moving average at about the same level. It’s not hard to imagine a scenario where the Euro pops through its 200 day average but stops around the trend line just above it.  The trend line intersects at around 1.3720 and […]

Chart Of The Day For August 21st ,2015 – EUR/USD

By Ilya Spivak Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1219, 1.1171, 1.1112 Resistance: 1.1267, 1.1326, 1.1466 The Euro continues to recover against the US Dollar, with prices advancing to the highest level in two months.Near-term resistance is at 1.1267, the 61.8% Fibonacci expansion, with a break above that on a daily closing basis exposing […]

Fed Uncertainty Has Dollar Bulls Nervous

Market reassess Fed outlook after dovish minutes US data needs to be convincing over coming weeks Forex volatility confined to tight ranges for now Market focus now shifts to August job report Investors were hoping for guidance on rate liftoff timing from the Fed yesterday, but that was not to be the case. The Fed […]

Chart Of The Day For August 20th ,2015 – EUR/USD

By Ilya Spivak Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1112, 1.1075, 1.1016 Resistance: 1.1171, 1.1219, 1.1267 The Euro launched a sharp recovery against the US Dollar, with a narrow push above chart resistance hinting at further gains ahead. A daily close above the 38.2% Fibonacci expansionat 1.1171 exposes the 50% level at 1.1219. Alternatively, […]

Top trade idea for August 20st, 2015 – EURUSD

Time to look at the eurusd as the triangle that is forming on the daily chart has a bullish feeling but it is not completed yet. In order for this second wave in purple to be a running correction, we need the end of it to be way above the end of the first wave […]

Top trade idea for August 19th, 2015 – EUR/NZD

The EUR/NZD has had a remarkable few months, rising from a base of about 1.39 to a high so far this year of 1.71. Yes, that is a gain of 3,200 pips or a huge 82 per cent. But what goes up usually comes back down in FX. While it is possible that further gains […]

Chart Of The Day For August 19th ,2015 – EUR/USD

By Ilya Spivak Talking Points: EUR/USD Technical Strategy: Flat Support: 1.0972, 1.0898, 1.0818 Resistance: 1.1064, 1.1121, 1.1212 The Euro may be resuming its down trend against the US Dollar after finding resistance below the 1.12 figure.Near-term support is at 1.0972, the 38.2% Fibonacci expansion, with a break below that on a daily closing basis exposing […]

Powered by DayLife

Complete Calendar