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EUR Daily Review August 10, 2017

EUR Daily Review for August 10, 2017

Focus on Asia as Markets Remain Quiet in Europe

We are awaiting the outcome of the OPEC meeting, which also includes non-OPEC representatives too in Abu Dhabi.

 

EUR/USD: Consolidation Phase: Levels & Targets – Credit Suisse

Credit Suisse FX Technical Strategy Research notes that EUR/USD has found an initial cap at the low of 2010 at 1.1876 and is currently correcting gains.”We allow for this phase of consolidation to extend, however, we view it as corrective and once it has run its course look for an extension above 1.1876 to target the recent high at 1.1911.Exte

 

EUR/JPY Technical Analysis: Buyers Respond to Fibonacci Support

The Euro is finally seeing some element of pullback against the Japanese Yen, but after a key support level came into play this morning, buyers

 

Trading Outlook for USD-pairs, Euro & Sterling Crosses, Gold & More

In this webinar, we discussed the technical outlook on several USD-pairs, noted a couple of set-ups in EUR &GBP-crosses, and touched on precious metals and

 

A French entrepreneur is intent on a multi-billion dollar dealmaking spree in the US

Patrick Drahi, no stranger to telecoms mergers, is back on the acquisition trail.

 

DailyFX European Market Wrap: Risk Switches to Off Mode as North Korean Tensions Heat Up: 8/9/17

Equity markets around the globe dipped on Wednesday after tensions around North Korea’s nuclear ambitions flared following commentary from US President Donal…

 

Trading Outlook for USD-pairs, Euro & Sterling Crosses, Gold & More

In this webinar, we discussed the technical outlook on several USD-pairs, noted a couple of set-ups in EUR &GBP-crosses, and touched on precious metals and e…

 

EUR/USD and GBP/USD Forecast August 10, 2017

The EUR/USD pair initially fell during the day on Wednesday, but found enough support underneath the 1.17 level to bounce and form a nice-looking hammer. If …

 

EUR/CHF: Further Upside Likely In Near to Medium-Term; Where To Target – Nordea

Nordea FX Strategy Research argues that in the short term, the likelihood of a further pick-up in EUR/CHF remains rather high, noticing that almost every potential market parameter is currently in favor of weakening pressure on the CHF.”But it took some time before EUR/CHF finally rallied on those market conditions, which is why we remain caut

 

Have a nice trading!




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