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EUR Daily Review December 6, 2018

EUR Daily Review for December 6, 2018

EUR/USD under pressure near 1.1320

The offered bias around the European currency remains unchanged for yet another session on Wednesday and has forced EUR/USD to recede to fresh lows in


EUR/USD: Unable to maintain gains – Commerzbank

According to Karen Jones, analyst at Commerzbank, EUR/USD currently seems reluctant to break down presently as any attempt to make gains are quickly d


EUR/USD Technical Analysis: Set for a bounce to the upside on a sideways wedge from 1.1300

EUR/USD, 5-Minute Volatility plays over the past two weeks have left the pair with higher highs in the near-term, but plays towards the downside


EUR futures: some consolidation likely near term

In light of flash data for EUR futures markets from CME Group, investors scaled back their open interest positions for the second day in a row, this t


EUR/USD moves higher to 1.1360, focus on Italy

The demand for the single currency stays somewhat apathetic on Wednesday, while EUR/USD navigates a narrow range between 1.1320/50. EUR/USD looks to


European Monetary Union Retail Sales (YoY) below expectations (2.1%) in October: Actual (1.7%)

European Monetary Union Retail Sales (YoY) below expectations (2.1%) in October: Actual (1.7%)


European Monetary Union Retail Sales (MoM) came in at 0.3%, above expectations (0.2%) in October

European Monetary Union Retail Sales (MoM) came in at 0.3%, above expectations (0.2%) in October


European stocks under pressure after Wall Street meltdown

European stocks fell early Wednesday, with banks and oil majors leading the declines, as investors remained on edge a day after the worst day for U.S.


EUR/USD looks to finish the day flat near 1.1340

Since the start of the week, the EUR/USD pair is having a difficult time making a decisive move in either direction and looks to close the day virtual


EUR/USD: Forecast at 1.23 by end-of-2019 – NBF

According to National Bank of Canada analyst, at some point investors will come to expect the end of Fed tightening and/or the start of policy normali


European market wrap up: Brexit might not happen at all, FTSE plunges on troubled UK politics and shocking services data

European markets are still feeling the heat following a switch up in sentient surrounding global growth prospects and global trade relations. At the s


EUR/USD Technical Analysis: Downside risk below 1.1360 level as bears are taking the lead

EUR/USD daily chart EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA). EUR/USD is currently trapped between the 1.1


EUR/JPY recovers toward mid-128s, looks to close day higher following upbeat data

After losing more than 100 pips on Tuesday with the JPY gathering strength on flight-to-safety, the EUR/JPY pair staged a recovery and rose toward the


EUR/USD remains sideways between 1.1310 and 1.1360

The EUR/USD pair dropped to 1.1309, just below the lows of the previous two days and quickly rebounded, erasing losses. The pair continues to move sid


EUR/USD Technical Analysis: Are Sellers Ready to Retake the Lead?

Euro technical positioning hints the single currency is trying to resume its dominant downward trend against the US Dollar. Will this attempt find follow-through?


EUR/USD: Focus on yield differentials

The EUR/USD pair is trading in a sideways manner around 1.1340 for the fourth day straight despite the EUR-positive developments in the bond markets.


Have a nice trading!

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