EURUSD

Summary: German Ifo business climate hits the highest level since 1991 Businesses optimistic on economic outlook ECB minutes show members differ on announcing QE end date Eurozone flash manufacturing and services PMI rise…
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Euro failed to maintain trades above support 1.1860 where managed yesterday to print below this support As we advised yesterday, that below 1.1860 another drop wave may hit the market toward 1.1710-30 zone Market now showing…
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Daily Forex Market Preview, 29/11/2017 The U.S. dollar closed higher yesterday on the back of the President Trump's tax reforms hearing advancing in the senate. Investors are hopeful that the tax reform plans could soon be implemented…
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Euro failed to hold trades above first support 1.1910 which may lead for more drop to test second support 1.1860 zone As long as market holding above 1.1860 the chance for another advance toward 1.1980 still on hand Below 1.1860…
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Daily Forex Market Preview, 28/11/2017 The markets were seen trading rather mixed with the U.S. dollar identified as weakening. The euro briefly rallied to 1.1950 levels while gold prices rose close to the 1299 handle. On the economic…
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Euro managed to hit above 1.1860 last week where managed to sustain advance above 1.1910 zone As we see over ther chart, market facing support at 1.1910 where as lonng as market holding above more advance toward 1.1980 and 1.2060 is…
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Daily Forex Market Preview, 27/11/2017 The euro currency managed to post strong gains on Friday with the U.S. dollar identified as weakening. The rally in the common currency saw the 1.1900 handle being reclaimed once again. The decline…
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The euro extended it’s gains yesterday as economic data was upbeat, including the regional data from Germany. The U.S. and Japan markets were closed but the currency managed to push higher amid lower trading volumes. The broad flash PMI…
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Euro managed to break above 1.1790 yesteray where managed to sustain advance toward target 1.1840-60 zone Intraday showing resistance at 1.1860 where as long as market holding below another drop toward 1.1730 will be available Above…
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Daily Forex Market Preview, 23/11/2017 The U.S. dollar gave up its gains yesterday as economic data and the Fed's meeting minutes sent the greenback lower. Durable goods orders declined more than expected following September's strong…
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