EUR News Reviews 

EUR Daily Review August 16, 2017

EUR Daily Review for August 16, 2017 British Pound May Fall on CPI as Euro Looks Past German GDP Data The British Pound may fall as soft CPI data cools BOE rate hike prospects while the Euro looks past a pickup in second-quarter German economic   Webinar: DailyFX European Desk Round Table: USD Staging Turnaround versus EUR, GBP Join DailyFX strategists Christopher Vecchio, Martin Essex, and Nick Cawley for a discussion on the major influences out of Europe impacting FX markets.   Euro Tests Support as USD Moves Through Resistance:…

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EUR News Reviews 

EUR Daily Review August 15, 2017

EUR Daily Review for August 15, 2017 Cautious ECB Minutes to Derail EUR/USD Continuation Pattern Cautious remarks from the European Central Bank (ECB) may stoke a larger correction in EUR/USD as it fails to fill the gap from January-2015 (1.2000   Gold Price Pivots Below $1296; EUR/USD Still in Uptrend Gold price technical pattern hints at a medium term trend towards $1345 while EURUSD may retest 1.19.   How Does the UK’s Interest Rate Compare With its European Counterparts? In truth, we should have seen it coming. While initial speculation…

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EUR News Reviews 

EUR Daily Review August 14, 2017

EUR Daily Review for August 14, 2017 EUR/USD Bull-Flag Unfolds Ahead of U.S. CPI Report An uptick in the U.S. CPI may stoke a near-term pullback in EUR/USD as signs of rising inflation puts pressure on the FOMC to further   EURUSD Looking to Further Test Big-picture Resistance The euro last week started out on a weak note, but then recovered to bring top-side levels back into focus as the new week is   European Shares Extend Losses For Third Day European stocks fell for a third day on Friday…

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EUR News Reviews 

EUR Daily Review August 11, 2017

EUR Daily Review for August 11, 2017 EUR/USD Finds Support at the Former Resistance Level The EUR/USD price break higher has caught many traders off guard. Using Elliott Wave Theory, the pattern appears incomplete to the upside.   GBP/JPY, EUR/JPY for Continuation/Reversal of Risk Aversion Yen strength has shown as risk aversion has begun to get priced-in after Trump’s ‘fire and fury’ comments, opening the door to a couple of   Webinar: Central Bank Weekly: RBNZ Hits NZD; What’s Next from ECB & Fed for EUR & USD?: 8/10/17 DailyFX…

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EUR News Reviews 

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…

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