Site Search
Loading
    FREE Online Demo

    Get a free online demonstration of our leading online Forex trading platform…

Share Easy-Forex
Play the Easy Forex Online Game
Free 2012 Forex Guide

Now it's FREE - The New 2012 Forex eBook! Years of experience in Forex trading have gone into this book.

Fine Our More

Smart Investor Award

EUR Trading Outlook


 
9.5.2012-7.5.2012 4.5.2012-30.4.2012 27.4.2012-23.4.2012 20.4.2012-16.4.2012 13.4.2012-9.4.2012 5.4.2012-2.4.2012 30.3.2012-27.3.2012 23.3.2012-19.3.2012 16.3.2012-12.3.2012 9.3.2012-5.3.2012 2.3.2012-27.2.2012 24.2.2012-20.2.2012 17.2.2012-13.2.2012 10.2.2012-6.2.2012 3.2.2012-30.1.2012 27.1.2012-23.1.2012 20.1.2012-16.1.2012 13.1.2012-9.1.2012 6.1.2012-2.1.2012 30.12.2011-26.12.2011 23.12.2011-19.12.2011 16.12.2011-12.12.2011 9.12.2011-5.12.2011 2.12.2011-28.11.2011 24.11.2011-21.11.2011 18.11.2011-14.11.2011 11.11.2011-7.11.2011 4.11.2011-31.10.2011 28.10.2011-24.10.2011 21.10.2011-17.10.2011 14.10.2011-10.10.2011 6.10.2011-3.10.2011 30.9.2011-26.9.2011 23.9.2011-19.9.2011 16.9.2011-12.9.2011 9.9.2011-5.9.2011 2.9.2011-29.8.2011 26.8.2011-22.8.2011 19.8.2011-15.8.2011 12.8.2011-8.8.2011 4.8.2011-2.8.2011 29.7.2011-25.7.2011 22.7.2011-18.7.2011 15.7.2011-11.7.2011 8.7.2011-4.7.2011 1.7.2011-28.6.2011 24.6.2011-20.6.2011 16.6.2011-13.6.2011 10.6.2011-6.6.2011 3.6.2011-30.5.2011 27.5.2011-23.5.2011 20.5.2011-16.5.2011 13.5.2011-9.5.2011 6.5.2011-2.5.2011 29.4.2011-25.4.2011 21.4.2011-18.4.2011 15.4.2011-11.4.2011 8.4.2011-4.4.2011 1.4.2011-28.3.2011 25.3.2011-21.3.2011 17.3.2011-14.3.2011 11.3.2011-8.3.2011 4.3.2011-28.2.2011 25.2.2011-21.2.2011 18.2.2011-14.2.2011 11.2.2011-7.2.2011 4.2.2011-31.1.2011 28.1.2011-25.1.2011 21.1.2011-17.1.2011 14.1.2011-10.1.2011 7.1.2011-3.1.2011 31.12.2010-29.12.2010 24.12.2010-20.12.2010 17.12.2010-13.12.2010

20th April

The Euro (EUR) the false rumor of a French downgrade was on the back of a Citibank research note and once this was found out the market then went back to buying and is more likely to test 1.3200 then 1.3000 in coming sessions.

19th April

The Euro (EUR) The EUR/USD fell briefly below 1.3100 in the European session closing at opening levels but in striking distance of resistance at 1.3150 if today’s Spanish bond Auction comes in strong and spurs a rally. The EUR/GBP fell as the GBP soared and should fall further given the major technical break.

18th April

The Euro (EUR) the market attempted to rally for a second day against the downtrend with the Spanish Bond Auction successful and the German ZEW Business Confidence Survey surprising the market with an increase to 23.4 vs. 22.3 previously. The EUR/USD hit profit taking above 1.3150 but is giving the sellers pause for thought with its bullish price action in the last two days.

17th April

The Euro (EUR) the EUR/USD tested 1.3000 twice before buyers took control and we saw a sharp rally back to 1.3150 even as the mood in debt markets continued to show Spanish debt fear. The outlook is mixed with a clean break of 1.3000 needed soon or the market will begin to ignore the European debt crisis and focus on stock markets for direction.

16th April

The Euro (EUR) the EUR/USD is approaching 1.3000 and the key level may break this time with Spanish debt continue to fall in value. The concern on Friday was that Spanish banks were holding too much of the debt and that a coming recession in Spain will pressure the Spanish banks via real estate loan defaults. Suggestions emerged over the weekend asking for more money into the ECB bond buying program but politic strains especially in France and Germany are going to make this more and more difficult.


  Go to Euro (EUR) Archive