Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook HEFFX Notes Euro Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.13. The projected lower bound is: 1.10. The projected closing price is: 1.12. FOREX EUR= closed up 0.000 at 1.115. Volume was […]






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook HEFFX Notes Euro Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 1.12. The projected upper bound is: 1.13. The projected lower bound is: 1.11. The projected closing price […]






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook HEFFX Notes Euro Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 1.12. The projected upper bound is: 1.15. The projected lower bound is: 1.11. The projected closing price […]






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook HEFFX Notes Euro Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.15. The projected lower bound is: 1.11. The projected closing price is: 1.13. FOREX EUR= closed down -0.003 at 1.133. Volume was 10% […]






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook HEFFX Notes Euro Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.13. The projected lower bound is: 1.10. The projected closing price is: 1.12. FOREX EUR= closed up 0.002 at 1.116. Volume was 21% […]






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook HEFFX Notes Euro Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.14. The projected lower bound is: 1.10. The projected closing price is: 1.12. FOREX EUR= closed up 0.006 at 1.117. Volume was 25% […]






Euro Dollar (EUR) ⇨ US Dollar ($) (EURUSD) HEFFX Notes

Euro Dollar (EUR) ⇨ US Dollar ($) (EURUSD) HEFFX Notes






Euro Dollar (EUR) ⇨ US Dollar ($) (EURUSD) HEFFX Notes HEFFX Euro Target is 0.99 cents to the US Dollar. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.13. The projected lower bound is: 1.09. The projected closing price is: 1.11. […]






Euro (€) ⇨ US Dollar ($) (EURUSD) HEFFX Trading Outlook

Euro (€) ⇨ US Dollar ($) (EURUSD) HEFFX Trading Outlook






Euro (€) ⇨ US Dollar ($) (EURUSD) HEFFX Trading Outlook Euro (€) ⇨ US Dollar ($) HEFFX Notes Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.14. The projected lower bound is: 1.09. The projected closing price is: 1.11. FOREX EUR= […]






EURUSD, USDJPY Forex Technical Analysis (Daily)

EURUSD, USDJPY Forex Technical Analysis (Daily)






EURUSD, USDJPY Forex Technical Analysis (Daily) EURUSD Euro Current mark – 1.1085 EURUSD: Current pullback after 1.1120 peak should be considered corrective, preceding another rise towards 1.1190 resistance area. Key support lies at 1.1030-40. Resistance Support intraday intraweek intraday intraweek 1.1120 1.1190 1.1030 1.0910 1.1190 1.1415 1.0960 1.0820 USDJPY Japanese Yen Current mark- 103.86 The sell-off […]






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook






FOREX EUR= closed down -0.002 at 1.105. Volume was 29% below average (neutral) and Bollinger Bands were 5% wider than normal. Open High Low Close Volume___ 1.107 1.109 1.103 1.105 54,639 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 1.11 1.13 1.11 Volatility: 17 12 12 […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: After the market spent 3 days digesting the result of the UK referendum, BOE’s Governor Mark Carney woke up Brexit’s Demons by stating that “monetary policy easing will likely be required over the Summer.” High yielder’s were generally firmer across the board, with the EURUSD advancing to 1.1154, and […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The USD traded softer Vs its 10 currency peers Wednesday. As Brexit panic faded, stocks rose worldwide, and commodities gained on broad USD’s weakness. The Fx market has continued trading on sentiment, following the positive mood of Asian trading, and paying little attention to macro-economic data reports. The EU […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Safe havens eased, giving high yielding currencies a bounce Tuesday. The matter is hanging like the Sword of Damocles’ above the financial world. Asian shares closed mixed, European shares opened sharply higher and held on to sharp gains throughout the day. On the macro-economic front Germany released import and […]






Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook






EUR INDEX closed up 0.188 at 98.441. Volume was 8,900% above average (trending) and Bollinger Bands were 12% narrower than normal. Open High Low Close Volume___ 98.151 98.494 97.750 98.441 11,200 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 98.22 98.92 98.27 Volatility: 7 7 7 […]






Brexit to Have Little Impact on Saudi and UAE Financial Institutions

Brexit to Have Little Impact on Saudi and UAE Financial Institutions






Brexit to Have Little Impact on Saudi and UAE Financial Institutions Saudi said it had already made some adjustments to assets denominated in Pound Sterling and Euros Saturday, 2  Gulf states said they did not anticipate their financial institutions to be greatly affected as a result of Britain’s vote to leave the EU. Saudi Arabia, […]






Wall Street Guessed Wrong, UK Votes to “Sever” from the EU

Wall Street Guessed Wrong, UK Votes to “Sever” from the EU






Wall Street Guessed Wrong, UK Votes to “Sever” from the EU $DIA, $SPY, $QQQ, $VXX, $GLD, $USO, $GBP, $USD, $JPY The liberals have been beaten, the polls were wrong, the people have taken back their country. The voters in Great Britain have chosen to take their country out of the EU leaving their government’s leadership […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Liquidity dove and major pairs were confined to their early week’s ranges, as uncertainty reached new highs ahead of the upcoming Brexit referendum. A day before the UK finally votes, a couple of polls showed a small advantage of the “leave” side, pushing Wall Street into the Red, […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The financial world is still focused on the Brexit referendum Thursday, with mixed results coming from polls marginally favoring the remain side, and keeping risk sentiment on. Generally speaking, high yielder’s end up gaining Vs the Buck, while safe haven assets fell, although the EURUSD fell to 1.1242, and […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Market’s sentiment continued improve last Friday, although uncertainty over the upcoming Brexit referendum has kept majors within familiar ranges. The decision of several central banks (Fed, BOE, BOJ) to remain on hold last week, is partially influenced by this upcoming event that could crack the EU. The EURUSD closed […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Markets were rollercoaster’ing Thursday, as adding to 4 Central Banks´ decisions in less than 24 hours, there were rumors pointing to a suspension of the Brexit referendum, after British Parliamentarian Jo Cox was shot dead in the street. PM David Cameron suspended the campaign activity for next week’s referendum […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Forex markets were thin at the beginning of the day, with the USD easing alongside with risk averse sentiment, and the single currency recovering up to 1.1244, ahead of the US FOMC meeting policy announcement. Once again, the Fed delayed a rate hike, and the USD dove Vs […]






FX News: Euro (€) ⇨ US Dollar ($) (EURUSD)

FX News: Euro (€) ⇨ US Dollar ($) (EURUSD)






FX News: Euro (€) ⇨ US Dollar ($) (EURUSD) FOREX EUR= closed down -0.007 at 1.125. Volume was 8% above average (neutral) and Bollinger Bands were 20% narrower than normal. Open High Low Close Volume___ 1.132 1.133 1.124 1.125 79,089 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Risk aversion took over the financial world Thursday, with stocks weakening, treasury yields reaching multi-month lows and Gold rallying to a 3 wk high. The catalyst beyond this sudden change in market’s sentiment was Chinese inflation data, up by 2.0% yearly basis, missing expectations of a 2.2% gainer and […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The EURUSD pair traded flat for a 2nd day running, stuck around the 50% Fibo retracement of its May decline, the price zone reached after the grim US NFPs report put the Buck in selloff mode. Tuesday, the pair held within Monday’s range, as a thin economic calendar did […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The currency pair traded uneventfully around its Friday’s high for most of Monday extending its gains up to 1.1392 during the American session, following US Fed’s Yellen hawkish words on a speech over current conditions and the outlook for the US economy in Philadelphia, in where she acknowledged the […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The US monthly NFP’s released last Friday, cast doubts over the possibility of a US rate hike this Summer, triggering a Buck selloff. The world’s largest economy added just 38,000 meaning no jobs, new jobs last May, and March, April saw Southside revisions of 59-K. The unemployment rate fell […]






EURUSD Why I Expect the Euro to Trade Sub-Par

EURUSD Why I Expect the Euro to Trade Sub-Par






EURUSD Why I Expect the Euro to Trade Sub-Par FOREX EUR= closed up 0.020 at 1.133. Volume was 79% below average (consolidating) and Bollinger Bands were 40% narrower than normal. Open High Low Close Volume___ 1.113 1.135 1.111 1.133 249,816 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The USD started the day broadly lower across the board, then regaining some ground, to finish mixed on the day. The single currency reached a weekly high at 1.1213 early in the London session, and retreated with the release of EU PPI data for April, showing that industrial producer […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The USD was/is under selling pressure, on decreasing expectations of a Fed rate hike this month, following another round of US disapointing data. The Markit Manufacturing PMI for May came in at 50.7, above the previously estimated 50.5, but down from 50.8 in April, pointing to the weakest manufacturing performance […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Month-end fixing alongside with poor US data sent the Buck lower across the board at the beginning of the US session, although the pair remained limited below 1.1200 end the day about unchanged, at the 1.1130/40 area. At the close of trading the USD was mixed to higher across […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The USD’s upward momentum continued easing Thursday, despite US data beat expectations, as commodities prices rose. The EURUSD rose to 1.1216, but failed to hold gains above the 1.1200 mark, as in the longer run, the market is focused on the upcoming US rate hike. Data coming from the […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: After a quiet start of the day, the USD lost steam after Wall Street’s Wednesday opening, to close the day generally lower across the board. The single currency remained under pressure, as the EURUSD’s intra-day recovery stalled at 1.1165. On the data front Germany released a couple of confidence […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The week started with thin trading volumes, and with the Buck paring the upward momentum triggered by FOMC Mins. The single currency traded modestly lower, briefly falling below the 1.1200  mark Vs the USD, and holding near the mark into the close. Data coming from Europe was mixed, as […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD Friday, EURUSD closed in the Red for a 3rd week running, with the Buck driven North by FOMC’s Mins pointing for a soon-to-come rate hike in the US. This week will be busy on the macro-economic front, with preliminary PMI readings for the month of May in the EU quick […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The Hawkish tone of the FOMC Mins kept the USD running Thursday, as investors were caught on the wrong side of the market when the Central Bank opened doors for a June rate hike. The Buck strengthened sharply Vs most of its major peers, but corrected lower in the […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The single currency advanced modestly Vs the Buck Monday. Many European markets were close due to the Whit Monday holiday, leading to limited price action during the London session, situation that extended into the US one. Tuesday the US will release its April inflation figures, expected to advance due […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: the USD closed last week with gainers Vs most of its peers, getting a boost Friday from some better-than-expected economic data. The improved technical tone of the Buck is not enough to confirm that the US currency will keep rallying, particularly due to the high levels of uncertainty […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD The EURUSD traded uneventfully for a 2nd straight day, ending flat to unchanged around 1.1380. With no major macro-economic data on tap, speculators struggle to find a new direction for the pair, after it topped at 1.1615, and completed a 50% Fibo downward correction. Germany released disappointing Industrial Production data for […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The majors’ Friday movements extended this Monday, with the USD up Vs all of its major peers, and commodity related currencies (AUD, NZD, CAD) underperforming due to a sharp decline in Crude Oil and Gold’s prices. The Buck got some support from US Fed’s speakers offering a generally […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The Buck recovered from fresh multi-month lows by the end of last week, although the negative sentiment towards the USD persists, after the release of a mixed April job’s report. According to the latest data, the world’s largest economy added just 160-K new jobs during the month, below market’s […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD The EURUSD finished sharply lower for the 3rd session running, falling to 1.1385 before settling at 1.1400. Japan will resume activity after a 3 day holiday, although the reaction may be limited ahead of the release of the US NFPs (Nonfarm Payrolls) report early Friday. Data has been mixed […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD The Buck advanced Vs most of its peers, edging sharply higher against the CAD and the AUD as commodity related currencies were weighed by falling Crude Oil and Gold prices and poor economic data. The single currency was unable to recover above the 1.1500 mark, and ended the day […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD The Buck posted a strong comeback in the US afternoon after falling to new YTD lows Vs most of its peers. Commodity related currencies (AUD, NZD, CAD) underperformed, with the Loonie falling with Crude Oil and the Aussie hit by a surprise rate cut announced by the RBA early. […]






EUR/USD Technical Outlook (Daily)






EUR/USD Technical Outlook (Daily) Euro $EURUSD The USD Bearish trend extended to fresh lows at the beginning of May, down against all of its peers. The EURUSD advanced up to 1.1534, a mark last seen in August 2015 when Chinese Black Monday sent the USD sharply hundred of pips lower across the board. In the […]






Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EURUSD The US Fed (FOMC), the Bank of Japan (BOJ) decided to stay the course, with Mr. Kuroda saying they need more time to assess the effects of negative rates. The EURUSD pair, despite reaching a WTD high at 1.1367, was unable to benefit, as data coming from […]






Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD Currency trading was limited ahead of the FOMC policy results, the committee reiterated that it will probably raise rates at a gradual pace. The US Fed’s statement failed to clearly indicate an upcoming rate hike, and chances have diminished for a move during the June meeting. After […]






Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD Major currencies’ pairs are mostly stable in Asia ahead of the upcoming Central Bank’s (Fed, BOJ) events. The London opening brought some USD selling interest, with Buck weakening Vs most of its major peers, and accelerating its decline after the release of March US Durable Goods orders, […]






Technical Analysis for EURUSD (Daily)

Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EURUSD The majors currency pairs saw a lackluster Monday with little definitions, but the USD edged lower and the GBP outperformed due to diminishing fears over a Brexit. A light macro-economic calendar and some soft date in the US housing sector during the American afternoon led the Buck’s […]






Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD The USD closed the week with a firm tone against most of its peers, mostly weighed by the nonevent that was the ECB meeting. The EURUSD pair closed the week a couple of pips above the 38.2% Fibo retracement of its latest Bullish run between 1.0821 and […]






Technical Analysis for EUR/USD (Daily)






Technical Analysis for EUR/USD (Daily) Euro $EURUSD EUR/USD Thursday, the market focus was the ECB and its economic policy meeting. As expected, the European Central Bank did not announce any new measures, centering on the implementation of the batch of policies announced last month. The USD turned South ahead of the event, and the EUR/USD […]






ECB’s Mario Draghi Ignores German Criticism of Loose Money Policy

ECB’s Mario Draghi Ignores German Criticism of Loose Money Policy






ECB’s Mario Draghi Ignores German Criticism of Loose Money Policy $DIA, $SPY, $QQQ, $VXX Thursday, European Central Bank (ECB) President Mario Draghi ignored German criticism of the central bank’s ultra-loose monetary policy and vowing to use all the “tools” at his disposal for “as long as needed.” He said the ECB’s policy was working, which helped boost […]






Technical Analysis for EUR/USD (Daily)






Technical Analysis for EUR/USD (Daily) Euro $EURUSD EUR/USD The USD edged higher Vs most of its peers Wednesday, exception made by commodity currencies (AUD, CAD, NZD), which held on to gains as Crude Oil prices rallying to fresh yearly highs. The US EIA report surprised with a smaller-than-expected increase in Crude Oil stockpiles, and distillates […]






Technical Analysis for EUR/USD (Daily)






Technical Analysis for EUR/USD (Daily) Euro EUR/USD The USD resumed its decline Tuesday, falling to fresh multi-month lows Vs most of its peers. Risk on lead the way, fueled by another daily gain in Crude Oil prices that extended above Friday’s closing marks. The single currency moved to 1.3780 Vs the Buck finishing near its […]






Technical Analysis for EUR/USD (Daily)






Technical Analysis for EUR/USD (Daily) Euro EUR/USD Risk aversion led the way Monday, after Crude Oil producers failed to reach an agreement at the Doha meet. The single currency was unable to run and held below 1.1330, that the base of the range that contained price for much of the last 2 weeks. The EUR/USD […]