EURUSD - Nobody wants Euros, but...

FX:EURUSD   Euro / U.S. Dollar
963 10 10
It looks like everyone tries to get rid of the Euro             . Throughout the entire board the Euro             is sold, but I don't see strong fundamental reasons for the short term. The economic calendar is pretty empty, so I would be really tempted to believe in a corrective move which could send the price back to retest 1.1300.
Trade closed: target reached
Its not going to retrace that far.
Razvan hbc2288
the drop was bigger, you are right, it might just end the rally around current levels!
It seems the price was pushed lower towards 1.1100. Divergences appeared on Oscillators. I am still waiting for a pullback.
hello razvan
i agree thank you for anlysis
Razvan MILAD-FX-26
Welcome, thank you!
There's an ECB meeting on Thursday and speculation builds on more QE.
Razvan Rookie
Yes, and everybody will look at the PMIs tomorrow to speculate what ECB will do next. But for the moment there are only some hawkish declarations from Bullard and Lockhart.
alex.a Razvan
Just to clear Bullard and Lockhart are the member of US FED, not ECB (European Central Bank Committee)'s member ~
Razvan alex.a
Yep, never said they were, only Nowotny (from ECB), had a speech between the others from FOMC.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out