EUR News Reviews 

EUR Daily Review February 19, 2019

EUR Daily Review for February 19, 2019 EUR/USD adds to gains above the 1.1300 handle After bottoming out in the mid-1.1200s, or fresh 2019 lows on Friday, EUR/USD has managed to gather some pace and regain the 1.1300 handle and above a   EUR/JPY moves to session tops near 125.20 The now better tone in the European currency is helping EUR/JPY to advance further and print fresh daily highs near 125.20. EUR/JPY now targets 126.0   EUR/GBP: No strong bias – Commerzbank Karen Jones, analyst at Commerzbank, points out that…

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EUR News Reviews 

EUR Daily Review February 18, 2019

EUR Daily Review for February 18, 2019 EUR/USD is attempting to stabilise – Commerzbank Karen Jones, analyst at Commerzbank, suggests that we have seen a minor breach of 1.1270/67 levels for EUR/USD pair, with the pair attempting to stabi   Charts for Next Week: EURUSD, CHFJPY, AUDJPY, Gold Price & More The Euro is barely hanging onto support, JPY-crosses looks weak with CHFJPY & AUDJPY posting set-ups, while Gold is trying to come off of confluent   EURUSD Price Loses Traction Ahead of US Autos Ruling EURUSD may start another…

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EUR News Reviews 

EUR Daily Review February 15, 2019

EUR Daily Review for February 15, 2019 Asia Stocks Mixed, Dismal European Data May Sour Sentiment Asia Pacific stocks traded mixed despite an upbeat China trade report and news the US may push back tariffs on the nation. Ahead, dismal European   EUR/USD firm near 1.1300 post-German GDP The buying interest have returned to the shared currency in the second half of the week and is now lifting EUR/USD to the 1.1280 region in the wake of   EUR/USD is sitting at key support level – Commerzbank Karen Jones, analyst…

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EUR News Reviews 

EUR Daily Review February 14, 2019

EUR Daily Review for February 14, 2019 KBC Bank: Looking for more convincing signs of a bottoming process for EUR/USD KBC Bank analysts point out that the EUR/USD pair has failed the test of 1.1270 area and they are looking for some more strong signs of bottoming proc   When is the US CPI and how could it affect EUR/USD? US December CPI Overview Today’s US economic docket highlights the release of the latest consumer inflation figures, due for release later during the   EUR/GBP targets 0.8800 on poor UK…

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EUR News Reviews 

EUR Daily Review February 13, 2019

EUR Daily Review for February 13, 2019 EUR/USD gaining some traction around 1.1280 Finally some respite for the single currency. After printing fresh 2019 lows in the 1.1270 region at the beginning of the week, EUR/USD has managed to   Technical Outlook for EUR/USD, Gold Price, Crude Oil & More The Euro is threatening to break significant support, gold is holding support despite USD strength, while crude oil posts a reversal yesterday to keep a   EUR/USD Outlook: Possible Spain Election Reinforces Trend Lower Talk of a possible snap parliamentary…

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EUR News Reviews 

EUR Daily Review February 12, 2019

EUR Daily Review for February 12, 2019 GBP Technical Analysis Overview: GBPUSD, GBPJPY, EURGBP GBP Technical Analysis Overview: GBPUSD, GBPJPY, EURGBP   EUR/USD Weekly Price Outlook: Euro Challenges 1.13 Support Pivot Euro is attempting to break below a critical support zone with price testing fresh nine-week lows. Here are the levels that matter on the EUR/USD   Bearish Impulse Hits S&P 500 Rally; EURUSD and DXY Diverge The SP 500 rally has pressed limits to an immediate extended third wave correction though short term evidence of bearish impulse builds. EURUSD…

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EUR News Reviews 

EUR Daily Review February 11, 2019

EUR Daily Review for February 11, 2019 Euro May Fall with Commodity Currencies on Italian, French Data The Euro may fall with commodity currencies like the Australian Dollar as soft data from Italy and France revives budget woes and amplifies risk aversion.   EUR/USD flat near 1.1340 post-German data, looks to risk trends The recent decline in the single currency is showing some signs of respite today and is helping EUR/USD to keep the trade in the 1.1340 region. EUR/U   CAD Technical Analysis Overview: USDCAD, EURCAD, CADJPY CAD Technical…

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EUR/USD Forecast Feb. 11-15 – Euro slips on weak retail sales, manufacturing reports

“The German and eurozone economies continue to produce weak numbers, underscored by weak scores in retail sales and manufacturing” writes Kenny Fisher for forexcrunch.com. The bank revised downwards its growth forecast for the eurozone to 1.9% in 2018, from 2.1% in the November forecast.For 2019, the growth forecast has also been revised down to 1.5%, compared to 1.9% in the November forecast.The European Commission economic forecasts projected moderate growth in the eurozone for 2019, but warned that significant uncertainties lie ahead.Eurozone retail sales plunged 1.6% in January, its worst reading…

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EUR News Reviews 

EUR Daily Review February 8, 2019

EUR Daily Review for February 8, 2019 EUR/USD bounces off lows near 1.1350 post-German data The selling bias around the European currency stays well and sound so far this week and is now forcing EUR/USD to trade in fresh 2-week lows near 1.13   EUR/USD: Grinding slowly lower – Commerzbank Karen Jones, analyst at Commerzbank, points out that the EUR/USD is continuing to grind lower and they would expect to see the market stabilise shortl   EUR futures: scope for some consolidation In light of preliminary data for EUR futures…

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EUR News Reviews 

EUR Daily Review February 7, 2019

EUR Daily Review for February 7, 2019 EUR/USD tumbles to fresh lows near 1.1380 on stronger USD, data The selling bias round the single currency is now picking up pace and dragging EUR/USD to test fresh multi-day lows in the proximity of 1.1380. EUR/U   EUR/USD: Easing lower – Commerzbank Karen Jones, analyst at Commerzbank, suggests that the EUR/USD pair is easing lower, and has reached the 55 day ma at 1.1394 and they would expect to   Eurozone: Recovery interrupted, not cancelled – UBS In view of analysts at…

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