- Euro matches longest weekly consecutive losing streak since inception - Sentiment, Positioning, and cyclical studies all warn of a potential EURUSD reversal - Watch critical support ahead of highly-anticipated European Central Bank decision The Euro has now matched its longest weekly losing streak on record as the Dollar surges. Why do we think it’s at special risk of reversal in the coming week? Euro Matches Longest Consecutive Weekly Decline since ...
EURUSD 1.3017 could produce an important low if reachedUSDJPY breaks outAUD relative strength EUR/USD Weekly -“Long term, a failed breakout and top would keep with the pattern of 3 year cycle tops. 1.3750 is an important reference point (year open).” -The break of 1.3476 completed a topping process with targets ...
Dollar Forecasts for 2014 and 2015: EURUSD And GBPUSD Exchange Rate Falls Predicted The US dollar (USD) is forecast to retain a solid footing through the remainder of 2014 and into 2015 suggest the majority of analysts we follow. The 2014 dollar rally had long been predicted, however a poor winter in the United States saw the currency falter in the first half of the year putting paid to these predictions. After a decent summer of gains we ask ...
Talking Points EUR/USD touched multi-month lowSPX nearing key resistance zoneUSD/JPY overcomes key pivot Price & Time Analysis: EUR/USD EUR/USD has come under further pressure to touch its lowest level since late SeptemberOur near-term trend bias is lower in the euro while below 1.3430The 6th square root relationship of the year’s high at 1.3280 ...
EUR/USD Monthly Technical Analysis for August 2014 The stronger U.S. economy and the possibility of higher interest rates helped drive the EUR/USD lower in July. At the same time, Euro investors are starting to believe the European Central Bank may have to impose more aggressive economic stimulus on the Euro Zone in order to avoid deflation. Additional sanctions on Russia because of its active involvement in Ukraine is also influencing the price action as investors price in the possibility ...
Recent Comments