The currency pair most of the day moving in a narrow consolidation, which was caused by the lack of relevant data on the calendar macro. Although today met US data on factory orders, but the reading was in line with market forecast (1.8%) and did not affect a significant impact on the currency pair discussed. It seems that the market is waiting for further...
Summary Monday: The dollar gained slightly today despite better data from Germany and the Euro zone. Data from the US were much worse than expected but did not harm the dollar. Finally, none of the parties have failed to lead to a decision, no key levels have not been punctured. Minimum today recorded at the 1.0940 level which is above the major support at...
Summary of last week: Neither side could not take the initiative, which resulted in minimal appreciation of the euro against the dollar. The opening took place at the level of 1.0971, and closing the week slightly higher as at the level of 1.0988. On the one hand, we had information that supported the dollar (the basic contract of fixed assets and records of the...
The currency pair reached last week to the resistance zone located around the level of 1.3101. Recently such high price levels we saw on July 24, and in 2008-2009. Strong gains last week were caused by poor GDP reading for Canada (-0.2% at the forecast 0.1%). It is not without significance for the Canadian dollar remain further declines in oil prices, to which the...
Summary Wednesday: Today most of the day the market behaved fairly stable waiting for the FOMC notes. To greater volatility occurred after the announcement notes. The currency pair after breaking the resistance level at around 1.1065 eventually turned south, breaking the 1.10 level. At the moment, the minimum recorded in the second support around 1.0966. The Fed...
Summary Tuesday: Strengthening of the dollar today was due to profit-taking after reaching yesterday's highs at 1.1129. Additional support for supply was dodarcie to the trend line drawn on the tops of 29 June and 10 July. Today also begins a two-day Fed meeting at which decisions may be adopted about interest rate hikes. Market expectations assume increases in...
Summary Monday: Today, we saw strong growth in around 1.1129. In the first part of the demand a good data from Germany. The Ifo business sentiment index was better than expected, which was a surprise given the recent turmoil with Greece. Then we got to know better US data that has been ignored by the market. Euro at the end of the day it was still strong and...
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 Thursday: Demand pierced today, resistance at 1.0969 and headed toward the level 1,10-1,1013 (50% fibo recent declines 1,1218-1,0808). Then we met a very good US data that strengthened the dollar. The supply, however, could not once again use sytacji and ultimately led to stronger declines below the level of 1.0969. At the moment EUR / USD hovers around...
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...
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...