EUR/USD: Still under bearish pressure below 1.1800

EUR/USD: Still under bearish pressure below 1.1800   EUR/USD is probably the most important currency pair to watch ahead of ECB Monetary Policy Statement. Since last Thursday this currency pair prints a strong bearish trend, as all eyes remain on the key ECB Press Conference. The market’s cautious sentiment ahead of the week’s key events, […]

EUR/USD: Still under bearish pressure

EUR/USD is probably the most important currency pair to watch ahead of FOMC Minutes. The currency pair prints a three-day downtrend, as all eyes remain on the key Fed meeting minutes. The market’s cautious sentiment ahead of the week’s key events, namely the FOMC Minutes and a special meeting of the European Central Bank (ECB) […]

Technical Analysis: EURUSD remains bearish after a strong correction

EUR/USD went back above 1.19 after a nice price correction. A strong sell environment has recovered after today’s US Core CPI. Ten-year Treasury yields are hovering around 1.55% ahead of the all-important bond-auction due later.  The EUR/USD pair spent most of the day trading a handful of pips below the 1.1900 level, confined to a tight 60 […]

Technical analyses: EURUSD confirms new support above 1.19

This was an interesting week for EUR/USD that pooled back above 1.19 at the beginning of the week. Conformation filed with retest above this level still made traders taking advance of bullish trades on Friday. EUR/USD is stabilizing as US yields are off their highs and the market mood is marginally better.  The EURUSD pair […]

Technical Analysis: EURUSD remains bearish after a strong correction

EUR/USD went back above 1.19 after a nice price correction. A strong sell environment has recovered after today’s US Core CPI. Ten-year Treasury yields are hovering around 1.55% ahead of the all-important bond-auction due later.  The EUR/USD pair spent most of the day trading a handful of pips below the 1.1900 level, confined to a tight 60 […]