#analysis eurusd

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EUR/USD: what to expect on the new week?

EUR/USD: what to expect on the new week?

EUR/USD weekly forecast Fri, Nov 28 2014, 15:41 GMT Also Read: Latest Forex Analysis 

EUR/USD attempted to recover on the past week, bringing many analysts to the idea of a “double bottom” formation at 1.2350. However, the price failed to fix above the 1.2500 mark and holds below the key trend resistance line. We maintain a bearish view, targeting 1.2360 and lower.

Euro remains pressured by the…

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EUR/USD – Euro at 1.25 As Markets Eye Draghi Testimony

EUR/USD – Euro at 1.25 As Markets Eye Draghi Testimony

Forex Market Pulse

Mon, Nov 17 2014, 12:59 GMT Also Read: Latest Forex Analysis 

EUR/USD had an uneventful week, and this lack of activity has continued on Monday, as the pair trades close to the 1.25 line. On the release front, the markets will be keeping a close eye on Mario Draghi, who will testify before a European parliamentary committee in Brussels. In the US, today’s highlight is the Empire…

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