EUR Trading Outlook Archive

The Euro (EUR) Q1 GDP surprised at 0.8% at 0.6% previously and helped the Euro rally briefly into Europe but sellers took control the major slumped to fresh month lows. EUR/USD headed towards the key 1.4000 level. Overall the EUR/USD traded with a low of… Read more

The Euro (EUR) the Euro slumped in Europe to fresh month lows just above 1.4100. March EU Industrial production forecast at -0.2% vs. 0.4% previously. Overall the EUR/USD traded with a low of 1.4128 and a high of 1.4278 before closing the day around 1.4245… Read more

The Euro (EUR) the Euro reversal continued with new month lows back to 1.4200. General USD strength and ongoing concern about Greece the main catalyst but traders are cautious to call a new downtrend. Overall the EUR/USD traded with a low of 1.4171 and a… Read more

The Euro (EUR) was able to recover from recent heavy selling finding support under 1.4300 and closing above 1.4400 as fears about Greece subsided. Good EUR/JPY buying on the back of risk on trading helped underpin the move higher. Overall the EUR/USD traded with a… Read more

The Euro (EUR) a brief recovery rally was abruptly ended in the European session when S&amp P cut Greece&amp rsquo s rating. The March German Trade Balance was very strong at 15.2b vs. 12.5bn previously. The market found support under 1.4300 and was able to… Read more

U.S. Dollar Trading (USD) ended the week volatile with good April Non Farm Payrolls helping most markets to rally and the safe haven USD was sold. The pick up is risk appetite was short-lived however on rumors Greece was contemplating leaving the Eurozone. April Non… Read more

The Euro (EUR) when the ECB left out the term &amp lsquo vigilance&amp rsquo the EUR/USD instantly fell through 1.4700 and continued to slump towards 1.4500 as stocks/commodity selling adding to the downside pressure. The ECB held at 1.25% as forecast but the market now… Read more

The Euro (EUR) found support in Europe after hitting day lows near 1.4750 but the market was unable to hold onto the bounce when US stocks turned south and commodity losses piled up. March PPI increased at 0.7% vs. 0.6% previously. Overall the EUR/USD traded… Read more

The Euro (EUR) the market broke tested 1.4900 but reversed sharply from the key level, leading the rest of the market lower in an interesting technical signal. Many are looking for the ECB to provide the bulls fuel for a 1.5000 test as the differing… Read more