Page 44 of 63 FirstFirst ... 34 42 43 44 45 46 54 ... LastLast
Results 431 to 440 of 624

EUR News

This is a discussion on EUR News within the Analytics and News forums, part of the Trading Forum category; EURUSD moved sideways in a trading range between 1.1290 and 1.1445. As long as the pair is above 1.1290 support, ...

      
   
  1. #431
    Senior Member forexcycle's Avatar
    Join Date
    Apr 2017
    Posts
    111
    EURUSD moved sideways in a trading range between 1.1290 and 1.1445. As long as the pair is above 1.1290 support, the sideways movement could be treated as consolidation of the uptrend from 1.1118 and further rise towards 1.1600 is still possible after the consolidation. On the downside, a breakdown below 1.1290 support will indicate that the uptrend had completed at 1.1445 already, then the pair will find support at around 1.1200.


  2. #432
    Senior Member forexcycle's Avatar
    Join Date
    Apr 2017
    Posts
    111
    After touching 1.1450 key resistance, EURUSD pulled back to 1.1390 area, indicating that lengthier consolidation for the uptrend from 1.1118 is needed. Deeper decline could be expected in a couple of days and the target would be at 1.1350 area. However, as long as 1.1312 support holds, the uptrend from 1.1118 could be expected to resume and another rise towards 1.1600 is still possible after the consolidation. Resistance is now at 1.1489, a break above this level could signal resumption of the uptrend.


  3. #433
    member TheNews's Avatar
    Join Date
    Feb 2013
    Posts
    7,383
    Blog Entries
    1032

    Germany Manufacturing Employment Rises In May

    Germany's manufacturing employment increased in May from a year ago, data from Destatis showed Monday.

    more...
    Analytics and News section || Trading News Events thread
    Trading blogs || My blog

  4. #434
    Senior Member forexcycle's Avatar
    Join Date
    Apr 2017
    Posts
    111
    EURUSD is testing the key resistance at 1.1450. A clear break above this level will confirm the double bottom pattern on the weekly chart, then the following long term bullish movement could bring price into 1.2700 zone. As the pair stays above the bullish trend line on the daily chart, the uptrend from 1.0569 could be expected to continue, and next target would be at 1.1600 area. On the downside, a clear break below the trend line support could bring price back to test 1.1109 key support, only a breakdown below this level will indicate that lengthier consolidation for the uptrend from 1.0340 is underway, then the pair will find next support level at around 1.0950.


  5. #435
    member TheNews's Avatar
    Join Date
    Feb 2013
    Posts
    7,383
    Blog Entries
    1032

    Eurozone Growth Likely To Accelerate In Q2 On Wider Trade Surplus

    The rise in the euro-zone's trade surplus in May indicates that GDP growth likely accelerated in the three months to June and trade is set to continue boosting growth in the coming quarters, Jennifer McKeown, an economist at Capital Economics, said.

    more...
    Analytics and News section || Trading News Events thread
    Trading blogs || My blog

  6. #436
    member TheNews's Avatar
    Join Date
    Feb 2013
    Posts
    7,383
    Blog Entries
    1032

    Eurozone House Price Inflation Steady At 4%; Highest Since 2007

    Eurozone house price inflation held steady at more-than nine-year high in the three months ended March, data from Eurostat showed Wednesday.

    more...
    Analytics and News section || Trading News Events thread
    Trading blogs || My blog

  7. #437
    member TheNews's Avatar
    Join Date
    Feb 2013
    Posts
    7,383
    Blog Entries
    1032

    Eurozone Private Sector Growth Moderates In July

    Eurozone private sector started the third quarter on a solid footing, but the pace of growth slowed for the second successive month in July, largely due to the moderation in the manufacturing sector. The composite output index fell to a 6-month low of 55.8 in July from 56.3 in June, flash data from IHS Markit showed Monday. The reading was expected to drop marginally to 56.2.

    more...
    Analytics and News section || Trading News Events thread
    Trading blogs || My blog

  8. #438
    Senior Member forexcycle's Avatar
    Join Date
    Apr 2017
    Posts
    111
    EURUSD’s bullish movement from 1.1312 extended to as high as 1.1845. Near term support is at the bottom trend line of the price channel on the 4-hour chart. As long as the price is in the channel, the uptrend could be expected to continue and next target would be at 1.2000. On the downside, a clear break below the channel support could bring price back to test 1.1613 support, below this level will indicate that the uptrend is complete, then the pair will find support at around 1.1500.


  9. #439
    Senior Member forexcycle's Avatar
    Join Date
    Apr 2017
    Posts
    111
    EURUSD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 1.1312. As long as the price is in the channel, the uptrend could be expected to continue and next target would be at 1.2000 area. On the downside, the price had reached the top of the channel, pullback to the bottom trend line would likely be seen in a couple of days. A clear break below the bottom trend line could bring price to test 1.1613 support, below this level will confirm that the uptrend had completed at 1.1845 already, then deeper decline to 1.1500 area could be seen.


  10. #440
    Senior Member forexcycle's Avatar
    Join Date
    Apr 2017
    Posts
    111
    EURUSD remains in the uptrend from 1.1312, the pullback from 1.1908 could be treated as consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on its 4-hour chart. As long as the channel support holds, the uptrend could be expected to continue and next target would be at 1.2000 area. On the downside, a clear break below the channel support could bring price back to test 1.1650 key support, below this level will indicate that the uptrend from 1.1312 had completed at 1.1908 already, then the pair will find next support at the bullish trend line on the daily chart.


Page 44 of 63 FirstFirst ... 34 42 43 44 45 46 54 ... LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •