EUR News Reviews 

EUR Daily Review November 14, 2019

EUR Daily Review for November 14, 2019 EUR/USD Analysis: RSI Offers Bearish Signal Ahead of Powell Testimony EUR/USD may continue to give back the rebound from the yearly-low (1.0879) as the Relative Strength Index (RSI) offers a bearish signal.   EUR Futures: door open for extra decline Open interest in EUR futures markets rose by just 580 contracts on Tuesday, reversing the previous drops and resuming the uptrend. In the same line, v   EUR/GBP directionless around 0.8570, focus on data, UK elections EUR/GBP is alternating gains with losses below…

Read More
EUR News Reviews 

EUR Daily Review November 13, 2019

EUR Daily Review for November 13, 2019 EUR Futures: recovery looks shallow Open interest in EUR futures markets went down by just 700 contracts at the beginning of the week, reversing five consecutive daily builds according t   EUR/USD Technical Analysis: upside well capped by the 55-day SMA near 1.1040 EUR/USD Overview Today last price 1.1023 Today Daily Change 20 Today Daily Change % -0.08 Today daily open 1.1032 Trends Daily SMA20 1.1102 Daily SMA   Wall Street Edge: Brexit Jeopardizes Fragile Euro Integration Real turbulence will come from Brexit’s…

Read More
EUR News Reviews 

EUR Daily Review November 12, 2019

EUR Daily Review for November 12, 2019 EUR Futures: door open for extra retracements Open interest in EUR futures markets rose for the fifth consecutive session on Friday, this time by around 5.3K contracts according to preliminary dat   EUR/JPY stays under pressure amid broad risk-off, a hung parliament in Spain While a hung parliament in Spain will portray another political drama in the trouble Eurozone, broad risk aversion also plays its part to drag EUR/JPY down.   British Pound Price Forecast: GBP/USD, EUR/GBP Eye GDP Data The British Pound…

Read More
EUR News Reviews 

EUR Daily Review November 11, 2019

EUR Daily Review for November 11, 2019 EUR Futures: extra downside on the cards Preliminary figures for EUR futures markets from CME Group noted open interest went up by nearly 25K contracts on Thursday, the largest single day bui   Juncker doesn’t believe Trump will impose Europe auto tariffs: report Outgoing European Commission President Jean-Claude Juncker said he doesn’t believe President Donald Trump will levy tariffs on imported European cars next…   Euro Outlook: EUR/USD Turns to US Data After Ugly EU Forecast EUR/USD may fall if US confidence data…

Read More
EUR News Reviews 

EUR Daily Review November 8, 2019

EUR Daily Review for November 8, 2019 German Industrial Production drops 0.6% MoM in Sept, misses estimates (EUR/USD unmoved)   EUR Futures: further downside on the cards According to advanced data for EUR futures markets from CME Group, investors added 720 contracts to their open interest positions on Wednesday, record   EUR/USD Technical Analysis: the bullish attempt could test the 100-day SMA near 1.1120 EUR/USD Overview Today last price 1.1091 Today Daily Change 37 Today Daily Change % 0.20 Today daily open 1.1069 Trends Daily SMA20 1.1101 Daily SMA5  …

Read More
EUR News Reviews 

EUR Daily Review November 7, 2019

EUR Daily Review for November 7, 2019 German Factory Orders rise 1.3% MoM in Sept vs. +0.1% expected, EUR/USD little changed   EUR Futures: downside momentum picks up pace In light of preliminary figures for EUR futures markets from CME Group, investors added nearly 4.8K contracts to their open interest positions on Tues   EUR/JPY: Risk aversion in the spotlight ahead of EU/German data Given the latest risk-off concerning the US-China trade relations, not to forget downbeat Japanese data and dovish BOJ minutes, the EUR/JPY pair stays downbeat.   Brexit…

Read More
EUR News Reviews 

EUR Daily Review November 6, 2019

EUR Daily Review for November 6, 2019 Euro Price Chart: EUR/USD Uptrend on Verge of Collapse EUR/USD is now coming closer to breaking below a key uptrend which could precede a selloff. Industrial data from the US may catalyze or stave off the break.   EUR Futures: scope for a deeper correction In light of advanced figures for EUR futures markets from CME Group, open interest rose by nearly 4.4K contracts on Monday, reversing the previous dro   EUR/USD Price Technical Outlook – Further Upside Remains Blocked The recent EUR/USD…

Read More
EUR News Reviews 

EUR Daily Review November 5, 2019

EUR Daily Review for November 5, 2019 EUR Futures: upside could be losing traction Open interest in EUR futures markets shrunk by nearly 1.2K contracts on Friday, reversing five consecutive builds according to advanced data from CME   EUR/JPY trades on a firm note above 121.00 The selling bias in the Japanese safe haven is propping up the up move in EUR/JPY to the area above the 121.00 handle, printing at the same time new 2   EUR/GBP flirts with the 10-day SMA near 0.8640 The selling bias in the…

Read More
EUR News Reviews 

EUR Daily Review November 4, 2019

EUR Daily Review for November 4, 2019 EUR Futures: rally has further legs to go Open interest in EUR futures markets rose for the fifth consecutive session on Thursday, this time by nearly 11.5K contracts according to preliminary   When is the US monthly jobs report (NFP) and how could it affect EUR/USD? Friday’s US economic docket highlights the release of the closely watched US monthly employment details, popularly known as NFP. The report is schedul   EUR/USD Technical Analysis: a break above 1.1180 should pave the way for a…

Read More