EUR/USD Tests 1.07 After ECB Mentions Rate Cuts
EUR/USD tumbled 150 pips lower yesterday following the strong US CPI inflation but stalled at 1.0720s. Today the ECB has sent it below 1.07. Full Article
EUR/USD to Resume Downtrend If US Manufacturing Impresses
The rate of EUR to USD fell below 1.08 last week and further declines are expected if the US manufacturing PMI jumps higher today. Full Article
EUR/USD Stepping A Level Down Despite the Jump on Lower US CPI
EUR/USD broke below the MAs which were acting as support and they have turned into resistance now which is a bearish signal Full Article
EUR/USD Facing Major Test at the 50 Daily SMA After the Strong Bounce
EUR/USD has been surging in the last few days after bouncing off the 100 daily SMA, but it is facing the 50 MSA as resistance now. Full Article
Selling EUR/GBP on As German GDP Shrinks in Q4
We decided to open a sell EUR/GBP signal after the bounce today, as German GDP posted a decline in Q4, ahead of the ECB meeting Full Article
Forex Signals Brief for October 31: Eurozone Inflation and GDP on the Agenda
Last week the ECB and BOC delivered rate hikes, while this week the FED and the BOE are on schedule to raise interest rates Full Article
Forex Signals Brief for September 8: Can the ECB 75 BPS Hike Keep the Euro Up?
Yesterday the 75 bps hike from the BOC didn't help the CAD much, so let's see if today' 75 bps hike from the ECB will have much impact on th Full Article
Euro Uncertain as ECB Keeps Raising Rates, While Europe Faces Energy Crisis
EUR/USD continues to trade close to parity (1.00) despite the ECB planning to raise rates by 75 bps this week Full Article
Forex Signals Brief for June 10: Markets Disappointed on 25 BPS Hikes from the ECB
Markets were anticipating an announcement of a 0.50% interest rate increase in July by the ECB, but Lagarde is going for 25 bps hikes Full Article
EUR/USD Heads for 1.10 as ECB Brushes Off Inflation
ECB continues to disregard inflation, which is pushing the Euro down Full Article
Weekly Outlook, Nov. 15 – 19, 2021: Top Economic Events to Watch This Week
The broad-based US dollar edged higher for the third day in a row after unexpectedly strong US inflation data surprised markets and... Full Article
EUR/USD Bearish Engulfing to Drive Sell – Brace for a Sell Signal!
The EUR/USD pair was closed at 1.1984 after placing a high of 1.1990 and a low of 1.1916. EUR/USD pair posted gains for the third consecutiv Full Article
EUR/USD Waiting at the 50 SMA Ahead of the ECB
EUR/USD has climbed 200 pips this week, as we await the ECB today Full Article