EUR/USD • Tight range for Europe & NY as mkt awaits Greek news & US retail sales • Greek talks claim some progress but nothing concrete announced • Pair buffeted by USD/JPY & EUR/JPY lifts while spreads edge wider in USD favor • Techs lean… Read more
EUR Trading Outlook Archive
Euro (EUR) Trading Outlook (12-05-2015)
May 12, 2015Euro (EUR) Trading Outlook (11-05-2015)
May 11, 2015EUR/USD • Choppy action into NFP, ~1.1210 pre-data, extremely whippy action post-data • Miss on NFP & AHE see quick USD sell-off, pair spikes to 1.1290 • Counterintuitive USD move takes hold & spike gains erased, 1.1175/80 tested • US yield slip intensifies & USD… Read more
Euro (EUR) Trading Outlook (11-05-2015)
May 11, 2015www.easy-forex.com
Euro (EUR) Trading Outlook (08-05-2015)
May 8, 2015EUR/USD • Short covering persists in Europe & new s-t trend high hit, specs cap rally • Slide ensues, upbeat US claims give USD broad lift, EUR/USD dives • Unrelenting EUR sales aided by DE yield dive sees 100-DMA pierced • 1.1237 low hit, bounce… Read more
Euro (EUR) Trading Outlook (07-05-2015)
May 7, 2015EUR/USD • Choppy action in Europe morning, pair near 1.1225 into NY open • ADP misses & sinks USD & Tsy yields, EUR/USD spikes higher • Brief pause into 1.12 barrier but dips shallow & barrier breaks • 1.1368 hit before dip, talk reserve bids… Read more
Euro (EUR) Trading Outlook (06-05-2015)
May 6, 2015EUR/USD • Daily cloud top pierced in Europe’s morning but little follow through • EU ups 2015 Europe area GDP & CPI f/c, shorts cover, ~1.1130 at NY open • Bad US trade data hits USD, more shorts cover, ISM beat doesn’t help USD •… Read more
Euro (EUR) Trading Outlook (05-05-2015)
May 5, 2015EUR/USD • Intra-day short covering ensues in early NY as US yields slip & USD lift fades • Hourly res near 1.1190 caps, mkt seems to be in sell-rally mode • Steady slide ensues as USD rebounds, pair near day’s low in afternoon • FT… Read more
Euro (EUR) Trading Outlook (04-05-2015)
May 4, 2015EUR/USD • Model accts covering shorts bids pair up into NY open, ~1.1270 early NY • Tight range at onset, ISM & TR/U. Mich misses see spike up initially • Gains short lived as USD & US yields lift, EUR/USD tumbles • Macros noted USD… Read more
Euro (EUR) Trading Outlook (01-05-2015)
May 1, 2015EUR/USD • O/N rally stalls ahead of 1.1250/80 res, slips toward 1.1190 into NY open • Above f/c US ECI & below f/c claims lift USD, EUR/USD dips ~1.1115 • Dip bought as German bond yields rally outperforms US yield lift • USD & US… Read more
Euro (EUR) Trading Outlook (30-04-2015)
April 30, 2015EUR/USD Choppy action ~1.1100 in Europe’s morning, NY opens sub-1.1100 Big miss on US GDP sees broad based USD sales, EUR/USD rallies 61.8 Fib of 1.1534-1.0463 & daily cloud top pierced, 1.1188 high hit P/T pre-Fed sees sub-1.1150; Fed slightly hawkish tip spikes USD 1.1075… Read more