Sponsor of the Bulldogs
Site Search
Loading
Register Now
Share Easy-Forex
Play the Easy Forex Online Game
Free 2012 Forex Guide

Now it's FREE - The New 2014 Forex eBook! Years of experience in Forex trading have gone into this book.

Fine Our More

Smart Investor Award

EUR Trading Outlook


 
23.4.2015-20.4.2015 17.4.2015-14.4.2015 9.4.2015-6.4.2015 3.4.2015-30.3.2015 27.3.2015-23.3.2015 20.3.2015-16.3.2015 13.3.2015-9.3.2015 6.3.2015-2.3.2015 27.2.2015-23.2.2015 20.2.2015-16.2.2015 13.2.2015-9.2.2015 6.2.2015-2.2.2015 30.1.2015-28.1.2015 22.1.2015-21.1.2015 15.1.2015-12.1.2015 8.1.2015-8.1.2015 12.12.2014-8.12.2014 5.12.2014-1.12.2014 27.11.2014-24.11.2014 21.11.2014-17.11.2014 13.11.2014-10.11.2014 6.11.2014-4.11.2014 31.10.2014-27.10.2014 24.10.2014-20.10.2014 17.10.2014-13.10.2014 10.10.2014-8.10.2014 3.10.2014-29.9.2014 26.9.2014-22.9.2014 19.9.2014-15.9.2014 12.9.2014-8.9.2014 4.9.2014-1.9.2014 29.8.2014-25.8.2014 22.8.2014-18.8.2014 15.8.2014-11.8.2014 8.8.2014-4.8.2014 1.8.2014-28.7.2014 25.7.2014-21.7.2014 18.7.2014-14.7.2014 11.7.2014-7.7.2014 3.7.2014-30.6.2014 27.6.2014-23.6.2014 20.6.2014-16.6.2014 13.6.2014-10.6.2014 4.6.2014-2.6.2014 28.5.2014-26.5.2014 23.5.2014-19.5.2014 16.5.2014-12.5.2014 9.5.2014-5.5.2014 2.5.2014-28.4.2014 25.4.2014-22.4.2014 18.4.2014-14.4.2014 11.4.2014-7.4.2014 4.4.2014-31.3.2014 28.3.2014-24.3.2014 21.3.2014-17.3.2014 14.3.2014-10.3.2014 6.3.2014-3.3.2014 28.2.2014-24.2.2014 21.2.2014-17.2.2014 14.2.2014-10.2.2014 7.2.2014-3.2.2014 31.1.2014-27.1.2014 24.1.2014-20.1.2014 17.1.2014-14.1.2014 8.1.2014-8.1.2014 3.1.2014-23.12.2013 19.12.2013-16.12.2013 13.12.2013-9.12.2013 6.12.2013-2.12.2013 29.11.2013-25.11.2013 22.11.2013-20.11.2013 1.11.2013-28.10.2013 25.10.2013-21.10.2013 18.10.2013-14.10.2013 11.10.2013-7.10.2013 2.10.2013-30.9.2013 27.9.2013-16.9.2013 13.9.2013-11.9.2013 23.8.2013-12.8.2013 9.8.2013-5.8.2013 30.7.2013-29.7.2013 25.7.2013-22.7.2013 18.7.2013-15.7.2013 12.7.2013-9.7.2013 28.6.2013-24.6.2013

23th April

AUD/USD
• Bullish momentum post-Oz CPI persists in Europe, 0.7800 breached
• NY applies bear pressure on USD bid & EUR/AUD lift toward 1.3840
• AUD/NZD lift above 1.0130 alleviates some pressur eon AUD/USD
• Pair bounces from 0.7747 NY low & settles near 0.7770
• NAB Q1 Bank Bus. Conf. & China Apr HSBC Mfg PMI risks in Asia

22th April

EUR/USD
• Pair dives below 200-HMA in Europe's morning on Greek jitters
• Limited follow through, shorts cover, soft JPY lifts EUR/JPY
• EUR/JPY up near 128.75, EUR/USD follows, hits 1.0782
• Thin conditions exaggerate lift, gains erode as USD & US yields firm
• Pair slips towards 1.0730 late in day, choppy action likely to persist
• No major econ date out of EZ or US tomorrow

USD/JPY
• USDJPY higher as Nikkei and Asian stocks in lead higher
• Nikkei futures trade above 20k; up 3% from Monday lows
• USDJPY lags, ends dead square in middle of recent range
• Short term specs long above 200 hma at 119.57

21th April

EUR/USD
• Under pressure in Europe’s morning as USD sees broad based bid
• Early NY sees dip near 1.0710, but dip bought, lifts near 1.0770
• Rally ignited by Dudley’s tip to rate hike timing being data dependent
• Spec offers cap rally & gains erode as USD & US yield lifts resume
• Near 1.0720 late in day, choppy range likely Tues as little data/event risk

USD/JPY
• USDJPY drifts modestly higher with US, Euro stocks
• Bears sold last week’s trendline break; lean against 119.50
• Markets very quiet absent meaningful US data until Friday
• Nikkei futures underperform on day; 20k cap for now
• Key reversal down in Shanghai; Asian stocks toppy

20th April

EUR/USD
• Choppy European morning, 1.0738 to 1.0849 to 1.0790 into NY's open
• Post-CPI action whippy, headline miss spikes up to 1.0849 again
• Core above f/c though, USD rallies, EUR/USD quickly down to 1.0734
• Most losses fade as USD drifts lower rest of session, 1.0800 late in day
• Light data next week, IMF w/e meeting & Eurogroup meet Apr 24 risks
• Technical’s & spreads suggest higher levels due, some eye 1.1030 area

USD/JPY
• USDJPY trades heavy on lower stocks; tech reversals in major indices
• US CPI beat-inspired rally fizzles agst 119.25
• Lowest close since late Feb, below trendline at 119.14 key break
• Mar 26 low at 118.33 next stop; Nikkei futures off 0.4%


  Go to Euro (EUR) Archive