The four-hour chart of the euro against the zloty (EURPLN) shows us a clear downtrend. However, momentum has slowed since last week, and there are some indications that price might move…
Tag: EUR
Interday technical analysis of EURUSD
The four-hour timeframe of euro-dollar (EURUSD) shows us an overall upward trend. However, the movement seems to have lost strength since the end of last week. The most important area on…
Fundamental Analysis: Euro Spikes on Higher TLTRO Rates
The euro made a strong temporary gain this afternoon GMT against most currencies in the aftermath of the ECB’s decision on rates. Probably the main driver was the announcement of higher…
How Will the Euro React to the European Election Shocker?
The world seems to be going through a political awakening, shuffling around allies and creating global economic turmoil. We’ve seen Brexit shatter GBP stability, and Trump’s trade war fueling volatility for…
Fundamental Analysis: Euro Holding after Lukewarm Data
The euro has been mostly stable in today’s session so far after mixed statistics from the eurozone. Weaker German data came against slightly better figures from the euro area as a…
Fundamental Analysis: Data and the ECB Sink the Euro
The euro has declined sharply this week in many of its pairs to reach fresh two-year lows in some cases. The immediate reasons for the common currency’s fall are surprisingly poor…
Should Euro Traders Follow Big Bank Forecasts?
One year ago, EURUSD was trading on a high of 1.23700, and the eurozone was celebrating the stability of their common currency. Then the Brexit circus came to town and rumors…
Fundamental Analysis: Euro’s Losses after the ECB’s Meeting
The euro has declined this afternoon so far against most major currencies in an initial reaction to the comments from the ECB’s press conference. While there were few surprises from the…
Fundamental Analysis: Big Losses for the Euro after German Slump
The euro has tanked in today’s session against most major currencies after this morning’s data. Releases from both the eurozone in general and Germany and France in particular indicated a significant…
Fundamental Analysis: Central Banks Taking Center Stage this Week
The biggest news affecting currency markets so far today has been increasing expectations of a trade deal between the USA and China. The headlines have given some support to more risk-sensitive…