Market Commentary

EURUSD - Surges to Seven Week High Above 1.11 Despite Attacks on ECB

on October 18, 2019 | By Stuart McPhee | EURUSD

In the last few weeks the EURUSD has surged higher to its highest levels in more than seven weeks including a strong surge in the last two days which pushed it through the key 1.11 level. Last month the EURUSD was applying pressure and threatening to break through the key 1.11 level for two weeks, which offered strong resistance in this period, which is why the recent break is significant and may see the 1.11 level offer some support. Only a few weeks ago, the EURUSD dropped to a two year low down towards 1.09 and started to look precariously placed with no more obvious support levels below it.

ZEW Germany Economic Sentiment Indicator

on October 15, 2019 | By Stuart McPhee | EURUSD

Today at 10:00am UK time. ZEW Economic Sentiment Indicator is calculated monthly surveying around 300 experts on their expectations concerning the economy, inflation rates, interest rates, markets, and oil prices for the next six months. F:-33.4, P:-22.5. #EURUSD may test 1.11

Valutrades Market Blast Technicals 15 October 2019

on October 15, 2019 | By Brad Alexander | EURUSD, USDJPY, USDCHF, XAUUSD, Gold, Technical Analysis

Germany Industrial Production m/m

on October 8, 2019 | By Stuart McPhee | EURUSD

Today at 7:00am UK time. Industrial Production m/m reflects changes in the total production of German plants, factories, mines and utility companies in the reported month compared to the previous one. F: 0.2%, P: -0.6%. #EURUSD may test 1.10.

Market Recap: 23 - 27 September

on September 30, 2019 | By Stuart McPhee | EURUSD, AUDUSD, DJIA, XAUUSD, US30, Gold

On Tuesday last week we covered the AUDUSD which spent the rest of the week resting on support at 0.6750. In the last week or so the AUDUSD fell sharply back down to the key 0.6750 level, after having previously consolidated well right above 0.6850 after it surged to its highest levels in one month back above this key level. The 0.6850 level had previously supported the currency pair through May and June. This recent surge was quite unexpected as the AUDUSD had been lingering down near 2019 lows looking poised to continue lower below 0.67, which it may still do.

EURUSD - Drops to Two Year Low Near 109 as ECB Appears Divided

on September 27, 2019 | By Stuart McPhee | EURUSD

In the last week or so the EURUSD has dropped lower to a two year low down towards 1.09 as it now looks precarious with no more obvious support levels below it. For the previous two weeks it had been applying pressure and threatening to break through the key 1.11 level which has offered some resistance in this period. Several weeks ago, the EURUSD fell strongly back down through the key 1.11 level where it had been enjoying support from for the last month or so.

Valutrades Market Blast Technicals 17 September 2019

on September 17, 2019 | By Brad Alexander | EURUSD, AUDUSD, USDCHF, XAUUSD, USDCAD, Gold, Fibonacci, Ascending Triangle

ZEW Germany Economic Sentiment Indicator

on September 17, 2019 | By Stuart McPhee | EURUSD

Today at 10am UK time. ZEW Economic Sentiment Indicator is calculated monthly surveying around 300 experts on their expectations concerning the economy, inflation rates, interest rates, markets, and oil prices for the next six months. F:-34.7, P:-44.1. #EURUSD may test 1.11.

Market Recap: 9 - 13 September

on September 16, 2019 | By Stuart McPhee | EURUSD, AUDUSD, DJIA, XAUUSD, US30, Gold

On Tuesday last week we covered the AUDUSD which spent the rest of the week consolidating its recent push higher. In the last week or so, the AUDUSD surged to its highest levels in one month back above the key 0.6850 level which had previously supported the currency pair through May and June. This recent surge was quite unexpected as the AUDUSD had been lingering down near 2019 lows looking poised to continue lower below 0.67.

EURUSD - Remains Below Key 1.11 as ECB Cuts and Restores QE

on September 13, 2019 | By Stuart McPhee | EURUSD, ECB

In a very volatile last 24 hours the EURUSD has traded down close to its two year low and also threatened to break through the key 1.11 level which has offered some resistance in the last two weeks. Two weeks ago the EURUSD fell strongly back down through the key 1.11 level where it had been enjoying support from for the last month or so. In doing so it fell down to its lowest levels in more than two years and now looks precarious with no more obvious support levels.

EURUSD - Surges to Seven Week High Above 1.11 Despite Attacks on ECB

ZEW Germany Economic Sentiment Indicator

Valutrades Market Blast Technicals 15 October 2019

Germany Industrial Production m/m

Market Recap: 23 - 27 September

EURUSD - Drops to Two Year Low Near 109 as ECB Appears Divided

Valutrades Market Blast Technicals 17 September 2019

ZEW Germany Economic Sentiment Indicator

Market Recap: 9 - 13 September

EURUSD - Remains Below Key 1.11 as ECB Cuts and Restores QE

Trading News

Subscribe For Blog Updates

Popular Posts

Topics

DISCLAIMER

Contact