Can EURUSD Capitalize Moving Ahead?

Key Highlights Euro rocketed higher against the US dollar during the past sessions, as the latter one weakened across the board. EURUSD upside was stalled around the 1.0700 level, and currently moving lower. Today, the German consumer price index will be released by the Statistiches Bundesamt Deutschland, which is expected to increase by 0.5% in March 2015. Technical...
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EURGBP at Make it or Break Levels

Key Highlights Euro’s slide against the British pound gained pace as sellers managed to take it lower. EURGBP tested the 0.7200 support area where buyers just managed to protect the downside. Today, in the Euro zone the Portugal Consumer Price Index was released by Statistics Portugal, which posted a rise of 1.9% in March 2015, compared to the preceding month. Tech...
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EURGBP Might Struggle To Trade Higher

Key Highlights Euro traded higher against the British pound, but struggled to clear a major hurdle at 0.7350. EURGBP market sentiment looks bullish, but it is facing an important resistance which is stalling upside in the near term. Germany Factory orders will be released by the Deutsche Bundesbank, which is expected to increase by 1.5% in February 2015, compared to the...
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Euro Nosedives Ahead of German Unemployment Report

Key Highlights Euro traded lower against the US dollar and a few other currencies, as sellers managed to gain momentum. German Unemployment Change report will be published by the German Statistics Office today, which is expected to post a decrease of -12K in March 2015. EURUSD nosedived and breached the 1.0800 support area during the Asian session. Technical Analysis...
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EURUSD Dips Remain Attractive To Buyers

Key Highlights Euro traded higher against the US dollar and breached a crucial resistance at 1.0950. EURUSD is currently consolidating and looks set for a making a move ahead. Today, the German GfK Consumer Confidence i.e. a leading index that measures the level of consumer confidence in economic activity will be released and expected to gain from 9.7 to 9.8. Technic...
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EU Facing Uphill Task, EUR Moves Lower Against USD And GBP

Key Highlights Euro continued to move lower against the US dollar and the British pound as sellers gain control. In the UK, the Rightmove House Price was released, which posted an increase of 1% in March 2015. EURGBP found support around the 0.7000 handle recently, but facing an important resistance on the upside. UK Rightmove House Price Earlier today, the UK Rig...
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US Dollar Spikes Post Chinese CPI for an Increase of 0.8%

Key Highlights US dollar continued to gain strength and even stronger than expected Chinese consumer price index failed to lift the risk sentiment. Chinese Consumer Price Index was released by the National Bureau of Statistics of China, which posted an increase of 1.2% in February 2015, compared to the preceding month. In terms of the annual change the Chinese CPI climb...
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The European Central Bank (ECB) Sets To Ignite Moves In Euro

Key Highlights Euro nosedived not only against the US dollar recently, but also weakened a lot against the British pound. Today, the ECB Interest Rate Decision will be announced by the European Central Bank in which easing measures is likely to cause a lot of action in the Euro pairs. BoE Interest Rate Decision will also be announced by the Bank of England in which cent...
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Euro Eyes German Employment Report and Consumer Confidence

Key Highlights Euro buyers managed to gain traction against the US dollar, but awaits key releases in the Euro zone for further action. German Unemployment Change report will be published by the German Statistics Office, which is expected to register a reading of -10K. Euro zone Consumer Confidence will also be released by the European Commission, which is expected to r...
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Euro Nervous against the USD Ahead of German IFO Index

Key Highlights Euro gained this past week against the US dollar and it looks like it might continue to trade higher. German business sentiment index will be released by the CESifo Group, which is expected to register a rise from the last reading of 106.7 to 107.7. In the US, the Existing Home Sales will be released by the National Association of Realtors which is foreca...
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