Category Archives: EURUSD

Euro looking in big trouble following Italian referendum result.

The Italian PM,  Matteo Renzi has been heavily defeated in the referendum to change Italy’s constitution and has announced his resignation, marking a major victory for anti-establishment and right-wing parties and placing the EU into political chaos ahead of the swathe of EU elections, including those of France, Germany and Holland, due in 2017. The […]

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#EURUSD: Euro under fire from the dollar. Plenty more to come #fx #forex

EURUSD: 1.0587 Resistance Support 1.0758 16 Nov high 1.0585 Major rising trend support 1.0740/45 (23.6% of 1.1282/1.0628) /17 Nov high 1.0568 17 Nov low 1.0695 100 HMA 1.0522 3 Dec 2015 low 1.0660 Minor 1.0500 Minor 1.0640 Minor 1.0462 March 2015 low Bias                                                                                          The dollar’s strong run higher against all its counterparts continued on Friday, […]

EURUSD – FX Charts Outlook #fx #forex

EURUSD: 1.0854 Resistance Support 1.0975 100 HMA 1.0830 Friday low 1.0940 (23.6% of 1.1299/1.0830) 1.0821 10 Mar low 1.0923 Friday high 1.0800 Minor 1.0900 Minor 1.0775 (76.4% of 1.0521/1.1616) 1.0875 Minor 1.0710 5 Jan low Bias Eur/Usd remained heavy on Friday, with the dollar still underpinned by Trumps victory, and headed into the good support […]