EUR Daily Review August 16, 2019
EUR Daily Review for August 16, 2019
EUR Futures: bearish view unchanged
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Open interest in EUR futures markets dropped by just 508 contracts on Wednesday according to flash data from CME Group. In the same direction, volume |
EUR/GBP Price Fading Back Towards Support After Double-Digit Rally
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EURGBP is on course to record its first down week in over three months as bulls take a breather and wait for the next entry point. |
EUR/USD Technical Analysis: Upside remains capped by the 55-day SMA
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EUR/USD Overview Today last price 1.1151 Today Daily Change 22 Today Daily Change % 0.12 Today daily open 1.1138 Trends Daily SMA20 1.1168 Daily SMA5 |
EUR/JPY Technical Analysis: Daily gains lost momentum near 119.00
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EUR/JPY Overview Today last price 118.02 Today Daily Change 121 Today Daily Change % 0.04 Today daily open 117.97 Trends Daily SMA20 119.76 Daily SMA |
EUR/GBP tumbles to daily lows, approaches 0.9200
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The increasing buying pressure around the Sterling is sponsoring another decline in EUR/GBP with the next target at the 0.9200 handle. EUR/GBP weaker |
EUR/USD gathers some traction and tests 1.1150
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The single currency is regaining some poise in the second half of the week and is lifting EUR/USD to daily highs near 1.1150. EUR/USD focused on yield |
FX Price Action Setups in EUR/USD, USD/CAD, EUR/JPY and GBP/JPY
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The headlines have remained busy and this morning brought another item of importance around the potential for more ECB QE. |
Euro Pressured by Dovish ECB Stimulus Comments from Rehn
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The Euro is coming under heavy selling pressure following the latest remarks from the ECB’s Rehn hinted at the need for an aggressive monetary stimulus package as soon as next month. |
EUR/JPY falls to test two-year lows as Yen gains momentum on risk aversion
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The EUR/JPY pair extended the reversal and printed a fresh daily low at 117.61, near the 2019 low established on Monday at 117.50. Earlier today the p |
EUR/USD technical analysis: Euro under pressure at weekly lows, sub-1.1106 level
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EUR/GBP drops to fresh weekly lows as Euro tumbles
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The EUR/GBP pair continued to decline during the American session and bottomed at 0.9155, the lowest level since August 5. The Euro is falling for the |
FX Price Action Setups in EUR/USD, USD/CAD, EUR/JPY and GBP/JPY
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EUR/USD and GBP/USD Forecast August 16, 2019
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S&P 500 Outlook Steadies Despite Recession Fears, EURUSD Tumble Not a Data Move
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Risk aversion was clearly in play Wednesday with the range of specualtive assets from Dow to carry trade under uniform, heavy pressure |
Euro Decline Eyed, NZD too as Manufacturing Shrinks Most Since 2012
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The Euro downtrend is in focus after the ECB dialed up stimulus expectations. NZD/USD is also at risk after New Zealand manufacturing PMI contracted by the most since 2012. |
EUR/USD: Hovers around 1.11, focus on US-German yield spread
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EUR/USD risks extending the three-day losing streak as the US-German bond yield differential could widen on the dovish European Central Bank (ECB) exp |
Have a nice trading!
