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...
Friday consequence of Mario Draghi at the European Banking Congress in Frankfurt, was strong depreciation of the euro against the dollar. At the end of the week for one euro paid 1.0646 dollar. Mario Draghi during his speech said that the ECB is ready for further action, in order to stimulate inflation in the euro zone. In practice, this means that during the...
Last week was marked by a correction of the recent declines. The euro strengthened against the dollar only 0.36%. In the first part of last week, we recorded a new low of 1.0673. Then, as predicted has come to the fore demand side, which headed toward indicated my resistance around 1.0810. Maximum dropped out at the level 1.0829. In the absence of data during the...
The beginning of the current week is marked by correction of recent decline that took place after the conference, Mario Draghi. (Eventually, the common currency ended last week, a decline from the 1.1349 to the 1.1018 level, which is the worst weekly performance since May of this year). Returning to the technical situation on the EUR / USD pair is worth noting...
The currency pair after the recent strong decline, is ready for correction trend. Support for the demand side are today's weak data from the US and the strong oversold. The purpose of the demand in the area should be 1,1140-1,1190. Then, after the correction we should see further declines towards 1.08.
Dear friend's. After several month downward, In recent weeks we have Bullish signal from NZD. But, But, I do not think it is stable. In this chart we cross MA50-MA200 together recently. and BB hit the top of band. All price bases on the fibo and support resistance levels are mark in this chart. Thanks @RobertPapon for this chart. We make this chart together....
Summary Monday: High volatility prevails in the EUR / USD pair which resulted in today failed attack on the 1.12 level and then strong declines in the direction of a significant level of 1.1080. Supply showed strength and overcome specific support, leading to further declines in around 1.0995 levels. Today was realized through alternative variant, which assumed...
Summary of the week: The beginning of the week began with the strong appreciation of the dollar, but the euro during the week worked out losses and ended the week up by 1.1% against the dollar. Quite unexpectedly after Sunday's referendum, when Greeks voted to NO, the Greek Government led by Aleksi Tsipras, issued on Wednesday evening a new project of reform and...
Summary Tuesday: According to the forecast, today there was a decline on the EUR / USD pair. At the moment not established anything new on aid or bankruptcy of Greece. The whole situation introduces nervousness on the markets thus escape towards safe currencies such as the US dollar. Today there was a break important support at 1.10 and then the market had...
Summary Monday: The Sunday session has opened up a gap trend (1.0995) as a consequence of information that sprang from Greece. Minimum seen at 1.0970, and like a week earlier demand led to the closure gap. Maximum dropped out at the level of 1.1096. Currently, the currency pair is trading at 1.1050 indicates weakness in demand. A few words about Greece and the...
Summary of last week: The currency pair opened one of the largest gaps downward in recent years. This was the result of uncertainty related to Greece. Markets remained constantly on the alert which led to strong fluctuations and even incomprehensible movements. After opening the trend we saw the bottom of the 1.0954 level and then, without major problems has led...
Summary Monday: Today the market has led to downward closing the gap that took place at the opening on Sunday. Strong declines were caused by the information we sprang from Greece. Minimum dropped out at the level of 1.0954. Then came the voice of the demand side, who closed the gap to fall and lead to further increases at 1.1279! Economic calendar for Tuesday:...
Summary of the week: In the last week the single currency was weaker against the dollar by 1.35%. To a large extent this is due to the uncertainty around Greece and the future of the whole euro area. The dollar also was supported by good data from the US, which reassures the market in the belief that the first increases in interest rates will fall. In the coming...