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- Id1024 replied Jun 28, 2016
The first shock after Brexit passed, and now the EUR/USD shows restrained volatility; in fact, I'm surprised that at this stage the pair is trading near 1.1100 and not at 1.0800.
EUR/USD Daily Technical Analysis
- Id1024 replied Jun 28, 2016
The third estimate of US GDP in the first quarter was 1.1%, the value was revised from the preliminary 0.8%. Analysts had expected GDP growth of 1.0%. However, during the first three months of the year growth in consumer spending was revised down to ...
EUR/USD Daily Technical Analysis
- Id1024 replied Jun 19, 2016
I believe that the support is now located at the level of 1.1131, the low of Thursday, and resistance is likely to at the level of 1.1304 - a maximum of Tuesday.
EUR/USD Daily Technical Analysis
- Id1024 replied Jun 19, 2016
In addition, the US Commerce Department reported that consumer prices rose 0.2%, while expected to grow by 0.3% in May. In annual terms, consumer prices rose 1.0% last month, which was below forecasts growth of 1.1%.
EUR/USD Daily Technical Analysis
- Id1024 replied Jun 19, 2016
On Friday, the dollar fell against the euro, but remained stable at 22-month lows against the yen, as the pessimistic reports in the US, as well as decisions of the Federal Reserve System and the Bank of Japan to leave monetary policy unchanged is ...
EUR/USD Daily Technical Analysis
- Id1024 replied Jun 12, 2016
Giving a forecast for the EUR/USD pair for the next month, the majority of experts (80%) insist on lowering the pair at least to the level of 1.1100. As a result, after ECB President Mario Draghi's speach, the pair really started to move south and ...
EUR/USD Daily Technical Analysis
- Id1024 replied Jun 12, 2016
The euro was down against the US Dollar on Friday. EUR/USD is at 1.1250, shedding 0.58%. The support is now located at the level of 1.1246, the low of Friday's trading, and resistance is likely to make the level of 1.1416 - the maximum of Thursday.
EUR/USD Daily Technical Analysis