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EUR Daily Review October 28, 2019

EUR Daily Review for October 28, 2019

When is the German IFO survey and how it could affect EUR/USD?

The German IFO survey for October is lined up for release later this Friday at 0800 GMT. The headline IFO Business Climate Index is expected to tick l

 

EUR/USD around 1.1100 ahead of German IFO, ECB

The sentiment around the European currency has been deteriorating throughout this week, particularly after EUR/USD clinched 2-month peaks near 1.1180

 

EUR Futures: appears neutral/dovish near term

According to preliminary readings for EUR futures markets from CME Group, open interest went down by just 507 contracts on Thursday, reaching the seco

 

EUR/USD Forecast – Price Action Continues to Press Lower

The latest ECB Survey of Professional Forecasters will make uncomfortable reading for incoming ECB head, Christine Lagarde with inflation and growth expectations lowered while unemployment is slate…

 

EUR/JPY Technical Analysis: Looks consolidative below 121.50 in the near term

EUR/JPY Overview Today last price 120.76 Today Daily Change 24 Today Daily Change % 0.12 Today daily open 120.61 Trends Daily SMA20 119.11 Daily SMA5

 

German IFO Business Climate Index steady at 94.6 in October; EUR/USD ticks higher to 1.1115

The headline German IFO Business Climate Index came in at 94.6 in October, same as recorded in the previous month but was slightly better than consens

 

Euro and Gold May Rally, US Dollar Falls: Charts for Next Week

The Dollar could be set up to decline more next week, giving the Euro and precious metals a boost. -Subscribe to DailyFX: https://www.youtube.com/DailyFXNews…

 

US Dollar Price Action: GBP/USD, EUR/USD – US Market Open

US Dollar Price Action: GBP/USD, EUR/USD – US Market Open

 

Euro and Gold May Rally, US Dollar Fall: Charts for Next Week

The Dollar could be set up to decline more next week, giving the Euro and precious metals a boost.

 

EUR/GBP technical analysis: Euro has room to the upside against Sterling

EUR/GBP is finding some footing near the October lows. The level to beat for bulls is the 0.8680 resistance.

 

Ford’s debt downgraded over ‘subpar’ performance in China, Europe

S&P Global Ratings late Friday downgraded Ford Motor Co. debt to BBB-, its lowest investment-grade rung, saying it doesn’t see the car maker posting…

 




EUR/USD and GBP/USD Forecast October 28, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

EUR/USD snapped three-week winning streak

EUR/USD fell 0.81% last week, ending the three-week winning streak, which was the longest since January 2018. Further, the currency pair closed at 1.1

 

EUR/CHF technical analysis: Bounces up from key support, eyes Oct. 17 high

EUR/CHF is better bid at 1.1030 press time and could challenge the Oct. 17 high of 1.1059 in the next 24 hours. The 4-hour chart shows, the currency p

 

EUR/USD technical analysis: Monthly ascending trendline breached

EUR/USD is looking south, having breached key diagonal and horizontal support levels on Friday. The pair closed at 1.1079 on Friday, confirming a down

 

EUR/AUD: Consolidated on critical support ahead of key week ahead

EUR/AUD is resting up at the confluence of the 21/50 day moving average, a critical support area, yet moves sideways in the grander scheme of the adva

 

Have a nice trading!




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