EURUSD

EUR/ USD Continuation of the Down Trend 1.1018 On the short -term the market with downside scenario and ranging between 1.1300 and 1.0800 levels. The market it was ended last week’s trading with strong negativity and confirm…

EURUSD(1.097): The breakout from the rising wedge/triangle pattern saw a sharp decline to 1.0815 support level. Price action formed a reversal pattern at this support to rally towards the longer term support/resistance level between 1.097…

Mixed US Dollar ahead of a data packed week! Key Notes: Australia AIG Manufacturing index 52.3 vs. 48 previously Japan, capital spending q/y 7.3% vs. -0.1% Australia MI inflation gauge m/m 0.3% vs. 0.3% previously China…

EUR/ USD Continuation of the Down Trend 1.0920 On the short -term the market with downside scenario and ranging between 1.1300 and 1.0800 levels. The market it was ended last week’s trading with strong negativity and confirm…

AUDUSD (0.7638): The Australian Dollar saw a weaker performance this week continuing its declines since forming a top two weeks ago. The currency broke below the 0.782 support early in the week and continued to gain momentum in the decline.…

EUR/ USD Continuation of the Down Trend 1.0970 On the short -term the market with downside scenario and ranging between 1.1200 and 1.0800 levels. The market it was ended last week’s trading with strong negativity and confirm…

Although the situation is tensed, it seems that the euro does not want to perceive anything else but the positive rumors from the Greek-European negotiations. Every EURUSD correction of the downtrend is made by hungry traders and the rising…

Euro recovers as Pound Sterling weakens on unchanged GDP estimates Key Notes: Japan retail sales y/y 5% vs. 5.3% Australia private capex q/q -4.4% vs. -2.3% Switzerland trade balance 2.86bn vs. 2.77bn German import prices m/m…

EUR/ USD Correction phase ; Trend downside scenario 1.0893 On the short -term the market with downside scenario and ranging between 1.1200 and 1.0800 levels. The market it was ended last week’s trading with strong negativity…

EURUSD weakened considerably in the past couple of days and as noted in our weekly technical update, price reached to 1.081 levels, a bit below our target area of 1.082. It isn't surprising to see that yesterday's candlestick was perhaps…