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EUR Daily Review August 9, 2018

EUR Daily Review for August 9, 2018

EUR/USD: Upside stalls near 1.1630, Fedspeak eyed

The rebound in the EUR/USD pair from multi-week troughs fizzed near 1.1630 region, as the bulls take a breather and await the US CPI figures for the n


EURGBP Analysis: Rally Continues as Brexit Fears Slam Sterling

Sterling continues to weaken against all the other majors as Brexit fears continue despite little news this week. The technical set-up for GBP looks weak


EUR/GBP clinches fresh 2018 highs above 0.9000

Increasing selling pressure around the British Pound is now lifting EUR/GBP beyond the critical 0.9000 the figure or fresh YTD peaks. EUR/GBP higher


EUR/USD looks to regain the 1.1600 handle and above

After climbing as high as the 1.1630 area in early trade, EUR/USD met some serious selling interest that dragged it back to the 1.1590/80 zone, or dai


EUR futures: recovery appears tepid

According to CME Group, preliminary figures for EUR futures markets noted investors trimmed their open interest positions by almost 2.6K contracts on


EUR/JPY Finds Fibonacci Support; But Can it Quell the Sell-Off?

EUR/JPY is bouncing from a familiar Fibonacci level, but after becoming well-worn so far in the month of August, for how much longer can this


EUR/USD Tests Confluent Resistance as the Cable Crush Continues

The US Dollar put in another bounce from the 95.00 level in the overnight session, and this helped to push EUR/USD lower after a test


EUR/USD rises back to 1.1600 as US dollar retreats

The EUR/USD pair bottomed earlier at 1.1571 but after the beginning of the US session turned to the upside, boosted by a retreat of the US dollar. Rec


EUR/USD and GBP/USD Forecast August 9, 2018

The EUR/USD pair has pulled back initially during trading on Wednesday, only to turn around and form a hammer. The hammer shows that we continue to see bulli…


EUR/GBP Technical Analysis: Euro Takes Aim at Ten-Month Range Top

The Euro is accelerating higher against the British Pound, with prices poised to break out of the choppy range containing them for the past ten


EUR/USD consolidates above 1.16, awaits fresh leads

The EUR/USD is holding above 1.16, despite having faced rejection at the pennant hurdle (lower end now acting as resistance) on Wednesday. At press t


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