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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 test of the 200-day SMA

EUR/USD Overview Today last price 1.1144 Today Daily Change 25 Today Daily Change % -0.09 Today daily open 1.1154 Trends Daily SMA20 1.1074 Daily SMA


Starbucks Revisits The European Cafe

Starbucks is re-visiting the old concept of European cafes, adding cold drinks to its menu and offering free online newspapers, in order to keep the hype for the brand alive.


US Dollar Bounces on NFP: EUR/USD, GBP/USD, USD/JPY

A weak US Dollar caught a bounce after the release of Non-Farm Payrolls but sellers came right back into the mix to take advantage of that run.


EUR/USD technical analysis: Fiber trading in a triangle

On the daily chart, the Euro is trading in a bear trend below its 200-day simple moving average (DMA). This Friday, the spot is pressuring the October highs ne


EUR/USD technical analysis: Euro pressuring the 1.1165 resistance

On the daily chart, the Euro is trading in a bear trend below the 200-day simple moving average (DMA). This Friday, the spot is challenging one more time the O


EUR/USD rebounds to 1.1170 post-ISM, looks to Fedspeak

The single currency is finishing the week on a positive footing, lifting EUR/USD to the 1.1170 region on the back of mixed US data releases. EUR/USD s


In the European Union, farming subsidies have enriched those in power and created an ‘agricultural mafia’

Europe’s farm program is one of the largest globally. It would be difficult to change even though it is fueling corruption, according to the report.


EUR/USD and GBP/USD Forecast November 4, 2019

For additional up-to-date Forex Trading information: News (, Technical Analysis (…


EUR/USD Correction Remains in Focus Ahead of ISM Non-Manufacturing

EUR/USD trades near the October-high (1.1180) ahead of the ISM Non-Manufacturing survey, with the Dollar susceptible to the weakness in business sentiment.


EUR/USD: Trade optimism may bolster bullish setup

The US-China trade optimism will likely bolster the bullish technical setup in EUR/USD, yielding a rise to the 200-day average at 1.1195. The pair is


EUR/USD technical analysis: Under pressure, 1.1184 is key resistance

EUR/USD is reporting marginal losses at press time, marking a weak follow-through to Friday’s bullish candle. The pair is currently trading at 1.1163,


Have a nice trading!

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