Technical Updates

Tag Archives: EUR/USD

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Dudley’s Comments Pressure Greenback

The dollar initially rose on Friday on a report of stronger-than-expected US employment growth but reversed gains versus all major currencies except the yen…


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EUR/USD at Crucial Resistance

The US dollar fell versus most major currencies on Thursday. The Federal Reserve announced that the Fed Chairman will hold quarterly press conferences following meetings. February US durable goods orders unexpectedly decreased while weekly initial jobless claims continued to decline in a sign of improving labor-market conditions…


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EUR/USD Rising In Impulsive Formation

Euro reached new highs in recent trade, reaching levels around 1.4250 Fibonacci resistance region where gains may slow down, since we are looking for a top of a fifth wave within an extended wave (iii)…


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EUR/USD at Important Resistance

The EUR/USD dropped on renewed concerns over the fiscal situation in the peripheral countries and the European banks that hold their debts…


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