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EUR Daily Review October 21, 2019

EUR Daily Review for October 21, 2019

Euro Outlook: EUR/GBP May Rise if Brexit Hopes Continue to Fade

The Euro may rise vs the British Pound if uncertainty about Brexit pulls capital out of Sterling as UK lawmakers prepare for a key vote on Saturday.


EUR/GBP technical analysis: On the back foot below 100-hour EMA, immediate falling channel

Despite recovering from early-May lows, on the back of a Doji candlestick formation, EUR/GBP still has some key resistances to justify the latest strength.


EUR Futures: extra gains in the pipeline

Open interest in EUR futures markets rose for the third session in a row on Thursday, this time by nearly 6.9K contracts according to advanced figures


EUR/USD Price: Short-Term Rally May Run Into Resistance

EUR/USD recent rally has pushed it back to levels seen in late August. The over-bought pair are now likely to run into short-term resistance as the latest ECB meeting looms.


EUR/JPY upside limited around 121.00 so far

The upbeat momentum in the single currency continues to prop up the rally in EUR/JPY to the 121.00 region, where some decent resistance has emerged so


EUR/USD Technical Analysis: Further upside could see 1.1165 retested in the near term

EUR/USD Overview Today last price 1.1129 Today Daily Change 18 Today Daily Change % 0.04 Today daily open 1.1124 Trends Daily SMA20 1.099 Daily SMA50


EUR/JPY Technical Analysis: The cross remains firm. Next stop at the 200-day SMA above 122.00

EUR/JPY Overview Today last price 120.96 Today Daily Change 33 Today Daily Change % 0.07 Today daily open 120.87 Trends Daily SMA20 118.42 Daily SMA5


EUR/USD looks for direction near 1.1120

The upside momentum in the single currency has subsided a tad at the end of the week, with EUR/USD now trading in the 1.1110/20 band. EUR/USD looks to


US Dollar Suffers, EUR/USD Gains, GBP/USD Eyes Critical Brexit Vote – US Market Open

US Dollar Suffers, EUR/USD Gains, GBP/USD Eyes Critical Brexit Vote – US Market Open


Eurozone: Growth projections for 2020 revised down – BBVA

The Research Department at BBVA, revised down growth forecast for 2020 by 0.4pp to 0.8% driven by more evident negative effects from the worsening glo


EUR/USD and GBP/USD Forecast October 21, 2019

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


EUR/GBP spikes in the open as Brexit Super Saturday fails to impress

EUR/GBP is starting out on the bid, some 0.30% higher in the io following the weekend’s headlines surrounding Brexit. EUR/GBP is currently trading at


British Pound Price Outlook: EUR/GBP, GBP/SEK, GBP/NOK Eye Brexit

Uncertainty about Brexit will continue to pull the British Pound in all directions and the uncertainty from the EU-UK divorce may pressure the Swedish krona and Norwegian Krone in the week ahead.


EUR/USD registers longest weekly winning streak since July 2018

EUR/USD gained 1.22% last week, having rallied by 0.54% and 0.33%, respectively in the preceding two weeks. The three-week winning streak is the longe


EUR/USD technical analysis: three-week-old trendline, September high question recent pullback

With the overbought conditions of the 14-bar Relative Strength Index (RSI) showing a lack of buying interest at the two month top, EUR/USD pulls back.


Have a nice trading!

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