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The euro is trading slightly below its open level against the greenback after the initial jobless claims report showed a small rise today. EUR/USD is currently floating near 1.4219 after opening at 1.4233.
Initial jobless claims went up from 561k to 576k during the last week, while …
EUR/USD posted a big gain today, following a smaller rise shown yesterday, and is now trading just below Friday’s open level. The growth of euro against the U.S. dollar happened despite the poor fundamentals from Europe and other developed economies. United States aren’t very rich on the important Forex-influencing reports …
A high leverage is one of the best things of the modern retail Forex trading and it allows making the thousands of dollars on some cent moves in EUR/USD currency pair, even if you have only $10,000 in your trading account. But on the other hand, that high leverage is the reason of the extremely high …
The U.S. dollar managed to rise against the euro today, showing even a greater gain than on Friday. The dollar bulls were inspired with a positive U.S. TIC flows report, which means that the United States is still quite a popular destination for the global investors. EUR/USD is now trading near …
EUR/USD trend: sell.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3782 | 1.3968 | 1.4075 | 1.4261 | 1.4368 | 1.4554 | 1.4662 |
| GBP/USD | 1.6150 | 1.6400 | |||||
EUR/USD declined today for the first day since Monday, despite an increase in the industrial production and the capacity utilization, the traders were disappointed in the CPI change value and sold the euro. EUR/USD is now trading near 1.4216.
Seasonally adjusted CPI rate remained unchanged in July after increasing by 0.7% in June. The forecasts …
The dollar continued its decline against the European currency today even after the macroeconomic reports from U.S. showed a rather bad performance for the economy which is said to be the ”first out” of the crisis. The traders are probably still inspired by the positive GDP reports from Germany and France. EUR/USD is …
The most popular Forex currency pair gained today, going above the highs of the previous two days, as the traders reacted to the increased U.S. trade balance deficit and the expectations of a liquidity-increasing decision from the Fed later today. EUR/USD is now trading near 1.4200.
U.S. trade balance deficit was reported …
EUR/USD fell for the fourth day on the Forex market today and, although the decline is rather insignificant compared the last week’s drops, it’s still a fall that continues a technical bearish trend and has some strong fundamental reasons. The mixed economic reports coming from U.S. spur risk-awareness among the traders, …
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