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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


EUR/JPY Technical Analysis: Recovery could extend to 121.50 and beyond

EUR/JPY Overview Today last price 121.07 Today Daily Change 98 Today Daily Change % 0.40 Today daily open 120.59 Trends Daily SMA20 120.55 Daily SMA5


EUR/USD is looking to break an intraday resistance level

EUR/USD is trading higher this morning after China and the US agreed to phased rollback of extra trade war tariffs. The softening of the trade war to


Euro Forecast: EUR/USD Reversal Gathers Pace; EUR/JPY Maintains Flag

EUR/USD has been under renewed pressure in recent days, while EUR/JPY has continued to hold within its sideways consolidation from mid-October.


EUR/JPY technical analysis: Euro easing from daily highs, trading near 120.70 level

EUR/JPY is trading in a bear trend below its 200-day simple moving average (DMA). However, in October the market had a bull rally to the 121.00 handle where t


EUR/NOK technical analysis: The Norwegian Krone shines today as the EUR slumps

EUR/NOK has taken a hit today as a combination of EUR weakness and NOK strength provides the perfect combination. Even USD/NOK trades lower as the gr


EUR/USD tumbles under 1.1050, to lowest in three weeks as US dollar soars

The EUR/USD pair accelerated to the downside and now has fallen more than fifty pips from the daily high. As of writing trades at 1.1035, the lowest l


These 4 European countries still have a wealth tax. Here’s how it’s working out for them.

Spain, Switzerland, Norway, and Belgium all have a wealth tax that varies greatly in structure and results.


Keurig Dr. Pepper stock jumps 9% after revenue beat

Keurig Dr. Pepper Inc. stock jumped 9% in Thursday trading after the beverage company reported third-quarter revenue that beat expectations. Net income…


EUR/USD and GBP/USD Forecast November 8, 2019

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


EUR/USD Technical Analysis: Resting above 50-day MA support

EUR/USD is currently holding above the 50-day average support at 1.1039 with the daily chart reporting a bearish bias. Notably, the double top breakdo


EUR/USD Losses to Persist Amid Shift in Federal Reserve Rhetoric

EUR/USD may continue to give back the advance from the yearly-low (1.0879) as a growing number of Fed officials tame speculation for another rate cut in 2019.


EUR/USD defends key support, focus on US Treasury yields

EUR/USD fell for the fourth straight day on Thursday but defended the widely-tracked 50-day average support. A bounce could be seen as Treasury yields


Have a nice trading!

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