EUR News Reviews 

EUR Daily Review October 22, 2019

EUR Daily Review for October 22, 2019 EUR/USD Recovery at Risk as RSI Fails to Push into Overbought Zone EUR/USD clears the September-high (1.1110) ahead of the ECB meeting, but the bullish momentum appears to be abating as the RSI fails to push into overbought territory.   EUR Futures: neutral/bullish near term In light of preliminary figures for EUR futures markets from CME Group, open interest rose for yet another session, this time by just 890 contracts. O   EUR/GBP is flirting with 0.8600, near 5-month lows The continuation of…

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EUR News Reviews 

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…

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EUR News Reviews 

EUR Daily Review October 17, 2019

EUR Daily Review for October 17, 2019 EUR Futures: further upside not ruled out According to flash data for EUR futures markets from CME Group, investors added around 2.5K contracts to their open interest positions on Wednesday, r   EUR/USD Price: Struggles Continue, Sitting on 50-Day Moving Average EUR/USD remains above 1.1030 with little fundamental news to push it much higher. The pair are currently finding short-term support from one technical indicator however.   When are US monthly retail sales figures and how could they affect EUR/USD? Wednesday’s US economic…

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EUR News Reviews 

EUR Daily Review October 16, 2019

EUR Daily Review for October 16, 2019 EUR/USD Rate Eyes September High as ECB Pushes for Fiscal Support EUR/USD appears to be making a run at the September-high (1.1110) as European Central Bank (ECB) officials push for fiscal support.   EUR Futures: room for some consolidation near term In light of preliminary figures for EUR futures markets from CME Group, open interest shrunk by around 4.2K contracts after five consecutive daily bui   EUR/USD Price Action Setup: Critical Resistance Prevents Sharp Reversal EUR/USD Price Action Setup: Critical Resistance Prevents Sharp…

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EUR News Reviews 

EUR Daily Review October 15, 2019

EUR Daily Review for October 15, 2019 EUR Futures: door open for further upside According to flash data for EUR futures markets from CME Group, open interest extended its uptrend on Friday, this time rising by around 2.2K contract   EUR/JPY recedes from recent peaks at 120.00 The buying interest around the Japanese safe haven is forcing EUR/JPY to recede further ground and abandon the area of recent tops in the 120.00 neigh   EUR/GBP approaches 0.8800 on GBP-selling The Sterling is giving away part of the recent sharp advance…

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EUR News Reviews 

EUR Daily Review October 14, 2019

EUR Daily Review for October 14, 2019 US Dollar May Recover Versus Euro, Pound if Trade Talks Falter The US Dollar may recover against the Euro and British Pound if a collapse in US-China trade talks sinks market mood and fuels haven demand, boosting the highly-liquid Greenback.   EUR Futures: extra gains likely near term Open interest in EUR futures markets posted the fourth consecutive build on Thursday, now by around 5.4K contracts according to advanced figures from   EUR/GBP tumbles to 5-month lows in sub-0.8800 levels The strong rally…

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EUR News Reviews 

EUR Daily Review October 11, 2019

EUR Daily Review for October 11, 2019 EU Official: Eurozone budget should be around EUR 17 bln Reuters reports a European Union (EU) official, as saying that the Eurozone budget can get external financing sources if governments agree that in an   EUR Futures: further rangebound on the cards In light of advanced data for EUR futures markets from CME Group, open interest rose for the third consecutive session on Wednesday, this time by just   EUR/GBP Price Analysis – Running into Fibonacci Resistance EUR/GBP is approaching an important technical…

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EUR News Reviews 

EUR Daily Review October 10, 2019

EUR Daily Review for October 10, 2019 EUR/USD Technical Analysis: strangled between key indicators at 1.1400 EUR/USD Chart, 5-Minute Although the Fiber sees highs on the lower side of November 20th’s peak, support is still being found and the pair is put   Eurozone: Manufacturing PMI likely to print 52.7 in November – TDS Analysts at TD Securities point out that today flash November PMIs are released in the Eurozone and they expect rebounding activity in the German auto   When are the German/ Eurozone flash PMIs and how could…

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EUR News Reviews 

EUR Daily Review October 8, 2019

EUR Daily Review for October 8, 2019 EUR Futures: consolidation appears on the cards In light of preliminary figures for EUR futures markets from CME Group, investors added just 578 contracts to their open interest positions on Friday.   EURUSD Price Outlook Remains Weak After Fresh Bearish Data The latest economic data from Germany and the Eurozone continues to point to ongoing economic weakness in the zone, leaving the single currency further biased to the downside.   EUR/JPY trims earlier losses, rebounds from the 117.00 area After bottoming out near…

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