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EUR Daily Review July 11, 2018

EUR Daily Review for July 11, 2018

European Chamber of Commerce: China urgently needs economic reform

In a report released on Tuesday, the European Chamber of Commerce highlighted the urgent need to bring in economic reforms in China, in order to put i

 

EUR/USD probing session lows near 1.1740 ahead of German ZEW

After testing the vicinity of the 1.1800 key barrier at the beginning of the week, EUR/USD appears to have lost some upside momentum and has returned

 

Xiaomi rebound; Trump goes to Europe; Pound watch

Here’s what you need to know about the markets before you start your business day.

 

CoT Update for Euro, AUD, GBP, CAD, Gold Price & More

Speculators continue to keep pressing bullish USD bets against key currencies, also reducing thier gold long position to nearly the smallest size in a year.

 

EUR/USD drops to session lows near 1.1720 on ZEW

The shared currency remains on the defensive on Tuesday and is now dragging EUR/USD to the 1.1720/10 band, or fresh session lows. EUR/USD weaker post

 

European Monetary Union ZEW Survey – Economic Sentiment came in at -18.7, below expectations (-13.2) in July

European Monetary Union ZEW Survey – Economic Sentiment came in at -18.7, below expectations (-13.2) in July

 

Nokia and China Mobile sign EUR 1 billion frame agreement to upgrade Chinese network

Nokia Corp. NOKIA, +1.49% and China Mobile CHL, +1.14% 0491, -6.86% have signed a 1 billion euros frame agreement to help the Chinese mobile operator

 

EUR Technical Analysis Overview: Short Term Euro Softness, Long Term Gain

EUR Technical Analysis Overview: Short Term Euro Softness, Long Term Gain

 

US AM Digest: EUR Dips on ZEW Survey, GBP Hampered by Soft Output Data

US AM Digest: EUR Dips on ZEW Survey, GBP Hampered by Soft Output Data

 

EUR/USD Triangle Remains Intact as DXY Eyes Short-term Bottom

EUR/USD triangle since mid-May has failed to yield a break to the topside, giving the DXY Index room to recover.

 

EUR/JPY: has eroded the 55-D MA and the 2018 downtrend line, bullish bias

EUR/JPY has been scoring fresh highs in a continuation of the late June rally from the depths of the 127 handle. The risk is on, stocks are up, DXY lo

 




EUR/USD: technicals are indecisive, bulls need a close above 50-D SMA to target 1.1853/55

EUR/USD has been up to 1.1769 in NY trade, extending the rise from 1.1508 and through the descending 50-D SMA at 1.1736, albeit lacking conviction as

 

Forex: Top FX Headlines: EUR/USD Triangle Remains Intact as DXY Eyes Short-term Bottom: 7/10/18

– GBP/USD remains in its two-month descending channel as UK PM May looks to weather the recent resignations from her cabinet. – EUR/USD triangle since mid-Ma…

 

EUR/USD and GBP/USD Forecast July 11, 2018

The Euro fell initially during the trading session on Tuesday but found enough support near the 1.17 level to turn around of form a hammer. The 50 day EMA lo…

 

EUR/USD: Flirting with confluence of key MAs ahead of Draghi speech

Currently, the EUR/USD is reporting moderate losses around 1.1728 (confluence of 5-day MA and 50-day MA). The currency pair was dragged lower by the

 

Have a nice trading!




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