The outlook for EUR / USD: Eurodollar constantly moving in a tight trading range that has lasted a good few weeks. On Monday, despite increases in the level around 1.09, we have not received any signals that may indicate clearly on the future direction in the medium term. Therefore, I repeat, what I said earlier. If you happen to break the resistance level at...
The analysis for EUR / USD pair on Monday: Last week, once again, there is an attempt to break the level 1.0945. Demand side managed to only test the strong resistance zone 1,0970-90 from which rebounded quite dynamically. Still stuck trading sideways between 1.0945 1,08- (unsuccessful wybiciami in the vicinity of 1,0970-90). Nearby hours should bring correction...
The outlook for EUR / USD: On Wednesday, there was an attempt to breach the resistance at 1.09 but without success. At the moment there has been a breaking of the downward channel, but it could be another false breakout. Therefore, we should consider the analysis of two ways. If you believe that the breakout is actually in the coming hours, the course should...
Before us the most important figure of this week due to a Fed meeting. Along with the writings of the meeting, the Federal Reserve will release its decision on interest rates. Members of the Fed will leave interest rates unchanged and certainly will refer to external factors that may affect the pace of raising interest rates in the future. Whereas falling oil...
Analysis EUR / USD: In recent days last week, the supply has led to declines, setting new minimum. Currently, the course is located around support at 1.08. This means that once again returned to the channel of the drop. Nearby hours should lead to a correction of the recent declines, towards level 1.0840 (the upper limit of the channel). Bearing in mind the words...
Today there was a false breaking. We returned between 1.08 and 1.0945. Another day of consolidation. If you do not beat the 1.09 and 1.0945 it is possible to return toward important support at 1.08. Breaking resistance 1.0945 will open the way towards 1,0980-90.
Analysis EUR / USD: Not much has changed for the eurodolarze during the first session of this week. All the time we move sideways. On Tuesday afternoon, but there has been a growth in demand has not led to a significant break the resistance level at 1.0945. In my opinion any there, they may be subdued anticipation of Thursday's ECB meeting. It is very likely that...
Defence support at 1.09 leads to an increase in resistance towards 1.0945 and 1.0987. 1.09 If the support is broken, the supply will lead to declines in around 1.0847 and 1,08-1,0810 In summary analysis should remember that regardless of the data that will be announced early in the week, the effect of supply and demand may be limited because of the anticipation...
During the Thursday session, we witnessed the failed attack on the resistance level of 1.0945. The supply side decisively taken the lead and consequently led to return inside the channel succession. Minimum fell below Thursday's opening at 1.0834. Ahead of us the last session of the week, which may give an answer as to the further direction of EURUSD in the...
Wednesday's session took place under the dictation of the demand side, which in the first part of the day we defend support at 1,08-1,0810. Then, as expected, demand led the counterattack towards the upper limit of the downward channel. Maximum recorded at the level of 1.0883. Thursday is another day where we do not have too many macro data. In the afternoon it...
The situation in the most important currency pair failed despite breaking above resistance at the 1.0940 level has not changed. Demand side only reached the level 1.0971 and then supply systematically pushed euro-dollar exchange rate to lower price levels. Minimum fell to 1.0847 level. On Tuesday, we do not have any data on the calendar macroeconomic and this...
Ahead of us the most important week of the year due to a Fed that at the next meeting (15-16 December), has decided to commence a series of increases in interest rates and present to forecast further rises in 2016. Investors in particular will await a press conference, Janet Yellen, which will take place 30 minutes after the Fed meeting. At the moment, the chances...
During Thursday's session we have witnessed, gave attacking the demand side. From the daily minimum (1.1136), demand led to growth in the area around support levels, noting 1,12-1,1215 high of 1.1208. Largely thanks to Thursday's gains were weaker economic data from the US. (Applications for unemployment benefits were at 277 thousand. Against a forecast of 270...
In the first part of the week, we have seen increases, which were caused by good readings from Germany and the euro zone. The strong support for the euro was also weak readings from the US. The EUR / USD made a high of 1.1333. Then, the common currency began to lose in anticipation of Thursday's Mario Draghigo conference after the ECB meeting. As expected, the ECB...
The first part of the week was marked correction of recent declines that took place last week. On Tuesday, there was a failed attack on the resistance level of 1.1368. Demand reached only to the level of 1.1333 and then the supply has led to declines. The weakness in demand we have seen also during Wednesday's session, when the EUR / USD retreated despite weaker...
Thursday was another day where we could watch the appreciation of the dollar against the euro. The supply side supported by very good data from the US, no major problems overcome support at 1,1277-82 (61.8% Fibonacci retracement increases of 1,1016-1,1712). Then the supply headed for the area aids at levels 1,1180-1,1225 I presented as a goal in yesterday's report...
Oil is close to this year's lows 44 $ -45 $ per barrel, which should in the near future to limit further declines in prices. Nevertheless, you should remember not only the production oversupply by the OPEC area countries, which to a large extent, does not allow for the development of correction, or larger increases. Yesterday the US Department of Energy gave...
On Wednesday, despite a whole series of data from Europe and the US data, we did not get a definite answer as to the future direction of the currency pair discussed. It is worth mentioning that the PMI for the euro zone's biggest economy, and for the whole euro zone were better than expected. In contrast, US data proved mixed, the reading of ADP was worse than...