EURUSD – Euro Remains In A Downtrend Vs US Dollar

EURUSD – Euro Remains In A Downtrend Vs US Dollar Key Highlights The Euro faced a lot of sellers recently and declined versus the US Dollar towards 1.0940. There is a steep bearish trend line formed on the hourly chart of EURUSD, which may act as a resistance in the short term. Today, the Euro Zone CPI will be released by the Eurostat, which is forecasted to incre...
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EURUSD – Euro Remains in the Driver’s Seat versus US Dollar

EURUSD - Euro Remains in the Driver's Seat versus US Dollar Key Highlights Euro traded higher recently against the US Dollar, and may continue to gain bids. There is a critical bullish trend line formed on the 4-hours chart of EURUSD, acting as a support area for the Euro. Today in the US, the NY Empire State Manufacturing Survey index will be by the Federal Reserve...
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Euro & EURUSD Eyeing More Gains?

EURUSD Eyeing More Gains? Can Buyers Make It? Key Highlights             Euro managed to pop higher this past week, and may continue to trade higher against the US Dollar. There is a bullish trend line formed on the hourly chart of the EURUSD pair, which is acting as a support area. Today, the Euro Area Consumer Confidence will be released by the European ...
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GBPUSD Slow and Steady Uptrend

Key Highlights British pound slowly grinding higher against the US dollar, but faces a monster resistance around 1.50. UK Rightmove House Price Index was released recently, which posted an increase of 1.6% in April 2015, compared to the preceding month. GBPUSD has formed a pivot area around 1.4920-30, which holds the key in the short term. UK RightMove House Price In...
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