EUR Will Decline Despite the Good Data

EUR Will Decline Despite the Good Data

Free Signal Alert for EURUSD 2015/11/23 EURUSD fell and continued to trade near 7-month low amid expectations of quantitative easing program expanding by the ECB after Friday’s speech of the central bank chairman Mario Draghi. Speaking at Frankfurt Banking Congress, Draghi said that at the December meeting, the regulator will assess the sustainability of the factors… Read more

Attempts of EURUSD Retracing Continued to Attract Sellers

Free Signal Alert for EURUSD 2015/11/18 EURUSD failed back above the previously breached short-term support line and pair is now storming the bids at 1.0650, feeling increased pressure. Fresh drivers for the pair are not expected, given the sparse economic calendar, but the technical picture remains favorable for the bears and a break below 1.0650 could… Read more

Traders Believe in US Dollar, but It Overbought

Free Signal Alert for EURUSD 2015/11/17 EURUSD again fell against the background of ECB President Draghi that current QE program will be reviewed at the December meeting. Recall, ECB aims to maintain inflation at around 2% a year. According to the median forecast of economists compiled by The Wall Street Journal, the index of economic expectations ZEW, which… Read more

Rates Differential Is More Than Enough for EURUSD Parity

Free Signal Alert for EURUSD 2015/11/13 EURUSD traded lower in anticipation of today’s publication of GDP data for Eurozone. Recall in the second quarter, real GDP of Eurozone increased by 0.4%, which was enough to return the annual rate of increase to 1.5%. The main support for the economy provided by consumer spending and net exports, which helped… Read more

Traders Took a Break to Look Around

Free Signal Alert for EURUSD 2015/11/09 EURUSD rose slightly adjusted after Friday’s crash, which was caused by the publication of employment data in the United States. Recall, the US Labor Department reported that the US economy in October created far more jobs than expected. The level of employment increased by 271 thousand against the forecast of 180 thousand. The… Read more

It Seems that EUR Cannot Grow Higher

Free Signal Alert for EURUSD 2015/11/05 EURUSD rose slightly, correcting after yesterday’s fall. Yesterday’s clear comments from Fed Chairman Janet Yellen about the possibility of raising interest rates in December due to the improvement of the US economy and the labor market have pushed the US dollar to rise against other major currencies, particularly against the euro. The… Read more

EURUSD Is in Anticipation of the Most Important Events of the Week

Free Signal Alert for EURUSD 2015/11/03 EURUSD traded without significant changes in anticipation of statements of officials from the European Union, United Kingdom and the United States. British Finance Minister George Osborne will tell European leaders today about the requirements of his country in the renegotiation of EU membership. EURUSD Will Remain Under Pressure in Medium Term… Read more

Euro Depreciated Rapidly on ECB Comments

Free Signal Alert for EURUSD 2015/10/22 EURUSD traded without significant changes in anticipation of the European Central Bank today’s meeting results. Analysts say that despite the talk about the imminent resolution of QE program, which appeared recently, the head of the ECB probably will not change until the setting of the program and would prefer to… Read more

ECB Remarks Push EUR Down

Free Signal Alert for EURUSD 2015/08/26 Since the beginning of the trading session, AUDUSD decreased. However, later after the publication of positive data on the construction market in the green continent, the Australian currency has return previously lost positions. The volume of the completed construction in Australia in the second quarter of 2015 rose by 1.6% seasonally… Read more

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