EURUSD Falls Sharply with Credit Suisse News, ECB Rate Decision and Forecasts in Focus
Yesterday, EURUSD fell sharply following the Credit Suisse news. After dropping below 1.07, it quickly extended to 1.0530 support within ...
Tag: eurusd
What is Nonfarm Payrolls Data and How to Trade It ?
Nonfarm payroll data, NFP for short, is a key economic indicator that measures the change in the number of employed ...
Monthly Market Outlook
In February, the markets experienced a significant shift due to the massive jobs report released at the beginning of the ...
S&P 500 and EURUSD Outlook Ahead of the FOMC Minutes
Today, the minutes of the last FOMC meeting will be released.
EURUSD Poised for a Trend Test As FED, ECB Decisions Looming Ahead
EURUSD is on a massive run since late early November. A newly formed uptrend is about to be tested by ...
EURUSD is Testing Major Resistance Zone
FED is near shifting down the rate hikes as nearing the possible peak while ECB might have to continue for ...
Euro – Dollar Equalized Again
Euro/dollar parity rose above 1 level for the first time since 20 September.
Crashing PMIs Might Open the EURUSD Bull’s Way
Yesterday, advance PMI data was announced in the UK, US and Eurozone. The PMIs are crashed to just above 47 ...
EURUSD Bounced From The Lower Line of the Trend Channel
EURUSD got a boost from the Bank of England’s statement yesterday. The lower line of the trend channel has been ...
Major Negative Surprise from Current Account Balance Put More Pressure to EURUSD
Today’s Eurozone current account balance data was one of the biggest deficits of the series and a major disappointment for ...
What is RSI and How to Use It Effectively?
Relative Strength Index, with its widely known short name RSI, is an oscillator indicator for technical analysis.
EURUSD Outlook Ahead of the Key ECB Meeting
EURUSD still feeling the pressure of the year-long downtrend. FED is tightening its policy way ahead of ECB and the ...
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