- Monday, 11 January 2016
- Daily Technical Analysis
EUR/USD Daily Forecast – 12 January
Euro was initially pushed higher in the course of the yesterday's session, but found area around 1.0970 level to be to resistive at the moment and spent rest of the session in a decline, with a support at 1.0850 level. With no major data releases tomorrow, pair is likely to find support around 1.08 handle, if we see break below initial support around 1.0850 area, while resistance is set above 1.0970 level. Read more...
- Monday, 11 January 2016
- News
Sentix Investor Confidence slide to +9.6 points
- Friday, 08 January 2016
- Daily Technical Analysis
EUR/USD Daily Forecast – 11 January
After better than forecasted US NFP figures, euro was initially pushed lower, going all the way to 1.08 handle, in the course of the Friday's session, but managed to rebound from this area going all the way to 1.09 handle. At the moment 1.0930 level offers some amount of resistance , and with no major data releases on Monday, this is where we expect initial resistance, and 1.0960 level in extension. On the other hand, 1.08 handle should continue to be supportive, so this is where we would consider short-term buying.
Read more...- Friday, 08 January 2016
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 11 January – 15 January
Euro was initially pushed lower in the course of the last week, though there were no major data releases, but managed to completely rebound by the week's end, despite much better than forecasted NFP figures. However, pair found some amount of resistance around 1.0930 level. We can expect a bit steadier next week, as the main data releases are not scheduled until Friday.
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