EURUSD To Remain Under Bearish Pressure?

EURUSD To Remain Under Bearish Pressure? Key Highlights             Euro traded down this past week against the US Dollar and faced a lot of selling pressure. The EURUSD pair broke the 1.10 support area and headed towards the 1.0900 area. Euro Zone CPI will be released by the Eurostat today, which is forecasted to increase by 0.1% in February 2016. The J...
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EURUSD Facing Important Resistance Zone

EURUSD Facing Important Resistance Zone Key Highlights             Euro after trading down towards the 1.1060 area against the US Dollar found support, and currently attempting to correct higher. EURUSD is facing an important resistance area near the 100 hourly simple moving average, which may ignite another downside move. There is also a critical bearish ...
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EURUSD Trading Near Crucial Juncture

EURUSD Trading Near Crucial Juncture Key Highlights             Euro after trading close to the 1.1380 resistance area against the US Dollar found sellers and started to move down. There is a bullish trend line formed on the hourly chart, which is acting as a support and preventing major losses. The EURUSD pair is below the 100 hourly simple moving average...
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EURUSD – Sellers Eye Break and Downside Move

EURUSD – Sellers Eye Break and Downside Move Key Highlights             Euro traded higher this past week, but the upside move remains at a risk as sellers started to step in. The EURUSD pair has formed a bullish trend line on the hourly chart, which is currently providing support. Today, a low risk event, which is the Sentix Investor Confidence will be ...
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EURUSD – Sellers Remain in Control

EURUSD – Sellers Remain in Control Key Highlights             The Euro was under a lot of bearish pressure this past week, as it traded below the 1.0900 support area against the US Dollar. There was a bullish trend line formed on the hourly chart of the EURUSD pair, which was breached by sellers. Today, the Euro Area Manufacturing Purchasing Managers Ind...
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EURUSD – Resistance Remains Intact

EURUSD – Resistance Remains Intact, More Losses Ahead? Key Highlights             Euro struggled this past week against the US Dollar, as every rally in the EURUSD pair was sold aggressively. The EURUSD pair is facing a bearish trend line on the hourly chart, which is likely to act as a resistance and stall gains. Today, in the Euro Zone, the German busi...
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EURUSD at Make it or Break It Levels

EURUSD at Make it or Break It Levels Key Highlights             Euro managed to trade higher against the US Dollar despite all odds and approaching the last swing high. There is a major channel pattern formed on the 4-hours chart of EURUSD, which may act as a catalyst for the next move. Spanish Industrial Output will be released by the National Institute o...
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EURUSD – Can Buyers Break 1.0980?

EURUSD – Can Buyers Break 1.0980? Key Highlights             Euro moved higher against the US Dollar recently and currently moving closer to the last swing high of 1.0980. The main thing to follow during the coming sessions is whether EURUSD can clear the stated resistance area or not. There are no economic releases to keep an eye today, so the market ma...
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