- Monday, 14 December 2015
- News
Eurozone Industrial Production rose by 0.6%
- Friday, 11 December 2015
- Daily Technical Analysis
EUR/USD Daily Forecast – 14 December
Euro spent most of the Friday's session in an uptrend, though there were no major data releases from Eurozone while US Retail Sales and PPI figures came even better than it was expected. Part of this incline can be contributed to falling oil prices but also the fact that traders are being cautious with US dollar ahead of Fed rate decision. With no major data releases on Monday, we can expect a bit less volatile session.
Read more...- Friday, 11 December 2015
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 14 December – 18 December
After it initially fell in the week, testing 1.08 handle as a support, euro managed to rebound by the end of the week, in order to finish it around 1.10 handle. However, this area, especially 1.1030 level is still quite resistive so we cannot talk about change in a trend. Also, traders are being cautious ahead of next week's Fed rate decision. Read more...
- Friday, 11 December 2015
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 14 December
Friday brought only minor importance German Final CPI and WPI data from Eurozone. Consumer prices in Germany were 0.4% higher in November 2015 compared with November 2014. The inflation rate as measured by the consumer price index was slightly up once again. In October 2015 it had been +0.3%. Higher rates of price increase than in November 2015 were last measured this year in April 2015 (+0.5%) and May 2015 (+0.7%). Compared with October 2015, the consumer price index rose by 0.1% in November 2015.
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