EURUSD Slide Continued as Sellers Take Control

Key Highlights Euro was crushed after the ECB aftermath, as sellers continued to take the EURUSD pair lower. There was a sharp downside move noted in EURUSD, which took the pair lower by more than 250 pips. Today, the German IFO business sentiment index will be released by the CESifo Group, which is forecasted to remain stable at 108.5 in September 2015. EURUSD Techn...
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EURUSD – 1.0760 is a Pivot Zone

Key Highlights Euro surged higher recently against the US dollar, but the EURUSD pair was contained around 1.0840 by sellers. EURUSD has a major pivot area around 1.0750-60 area where buyers might take a stand to protect more losses in the near term. Today, the German business sentiment index will be released by the CESifo Group, which is expected to increase from 107.9...
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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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