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Manufacturing PMI in the USA came slightly negative yesterday with 51.5, a decline from the previous report at 51.9.Today we will enter buying positions after 1.1320, which appear as resistance point...
The EUR/USD pair is been fluctuating between 1.12 to 1.1 levels since last Thursday. Today, on a 30-minute time frame, the price rose above 61.8 Fibonacci level, and on a 4-hour time frame, 10 MA is...
The EUR/USD pair rose since Wednesday 19th, 500 points, making a high of 639 points yesterday, formerly seen on January 2014. The strong direction has been supported by both technical and fundamental...
The EUR/USD pair continues its up movement over optimistic data from Europe, and not so much from the USA.CPI report in the US came negative on Wednesday the 19th; the speculation in the market lay...
The dollar’s rise in the past couple of days, since Thursday the 13th, ended yesterday the 19th, as at around evening time, the EU finance ministers approved the 1st portion of the bailout plan...
The EUR/USD pair as seen since beginning of last week is in an uptrend, couple of updates:The pair had made a down correction on Thursday and Friday due to positive economical date in the United...
The EUR/USD started yesterday, Monday the 10th, an up movement reaching 1.1030$. Nevertheless, the pair got caught in a Chinese nest.China’s yuan fell on Tuesday morning, 2%, a worthy move for...
EUR/USD had switched direction and is now set up for up direction.On Friday the 7th, two major reports in the US were positive and a scenario on which the FED will raise interest rates on coming...
We witnessed an extremely volatile on Friday. The EUR/USD pair started out at $1.0965, rose to $1.11 level and then declined to $1.0980.From a technical point of view, the 10 MA and 20 MA on a daily...
The EUR/USD pair made a move up since beginning of the week, from 1.0980 to touch levels above 1.11When looking on the daily chart, price is above 20 MA, both moving averages (20 and 9) are close to...
The EUR/USD pair is on a downtrend, and is supported from fundamental and technical point of view.Fundamental view: Economic reports at the end of last week were in favor for the US dollar. On...
EUR/USD pair had done in the past week correction up from low 1.08 to Mid 1.09 and to today or tomorrow should provide with some real money trades. From a fundamental point of view: In the early...
The EUR/USD pair had made a sharp correction yesterday, a move which was supported only from technical point of view.There were no major reports yesterday, so it seems levels between 1.07 to 1.09 are...
In the past week, the EUR/USD price broke the 20 MA Weekly time frame. Suggesting the market might want to check the 1.0458 level, the lowest level since March this year.By looking at the weekly...
Supported from a technical and fundamental point of view, the EUR/USD pair is on a down trend.Fundamental point of view: Yesterday Janet Yellen, head of the Federal Reserve had pointed that rates will...
We heard a “no” from the Greek people about accepting the bailout’s reforms, and we viewed a depraved ISM Non-Manufacturing PMI report in the US today.After a rough week, full of...
By looking at a daily chart we clearly see that the pair is going in a down trend since May 2014, and since last April, the pair have been consolidate between the ranges 1.1 to 1.4.The price in recent...