The euro has made some losses against many currencies so far this week in the aftermath of poorer statistics from the eurozone. The most important of these was yesterday’s manufacturing data.…
Tag: EUR
Technical analysis of EURTRY
The four-hour chart of the euro against the lira (EURTRY) is notable for the absence of any large movements over the past few weeks. This symbol has typically been one of…
Technical analysis of EURUSD
There is a continuing downtrend on the four-hour chart of the euro against the dollar (EURUSD). This comes as part of the larger downtrend on the daily charts. This movement seems…
Interday technical analysis of EURPLN
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…
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…