Summary of last week: The euro strengthened against the dollar which may slightly surprising, given the recent readings from Europe and the USA. It is worth mentioning that the readings from Europe were worse or mixed, while data from the US good and agree with the notion that the US economy is doing well. The opening took place at the level of 1.0831 and at the...
Summary Wednesday: Today's session is slightly decreasing, despite better data from the US. The market today has not used the chance to lead to stronger price reductions on the EUR / USD pair. In my opinion this is only a pause, and if tomorrow's US data, confirm the improved condition of the US economy is certainly see lower price levels. Today, the minimum...
Uptade: the graph crept mistake, of course, good data from the US will support the dollar, the worse will be the support for the euro. Comments should be the other way around. Summary Tuesday: It led to the expected market correction, which I wrote about in yesterday's broader analysis. According to the technical analysis we arrived today resistance zone...
Summary Monday: The currency pair rose today, according to yesterday's forecast, but it was not a signal for further growth. After peaking at the 1.0871 level there has been a decline. Currently, the course is trading around 1.0832. Weak traffic on the currency pair, we can explain the lack of significant data on the calendar today. Tomorrow also did not have...
Summary of last week: Euro fell against the dollar as much as 3% in a week and it was the best week for the dollar since May this year. The opening took place at the level of 1.1105 and closing at 1.0831. The impact on this state of affairs had several factors. Firstly, it should be noted that the market does not really believe or fixed aid to Greece is...
Summary Wednesday: Uncertainty associated with the vote on the reform program of the Greek parliament and a better US data supported the dollar today. The course after piercing the 1.10 level headed toward the first support at 1.0964 and then tried to bring the supply to test support at 1.0916. Minimum recorded at the level of 1.0929. Today, Janet Yellen...
Summary Tuesday: Today in the morning there was a test level of 1.0964. After reaching the minimum for the game joined the demand side, which led to increases in the vicinity of 1.1076. The euro was supported by a better reading of the ZEW in Germany and considerably worse US data. Currently, the course is located around 1.1005 and still do not have a fixed...