Sunday, December 9, 2018

EUR/USD FORECAST – 10th – 14th December, 2018. – Forex Trading Tips.

The Euro/Dollar walked in a narrow space and stocks went down last week due to Brexit and Italy’s concerns. This week’s main concern is the ECB decision. Look for these highlights and technical levels for the week of 10 to 14, December.

* All times are GMT

German Trade Balance – Monday at 7:00

Sentix Investor Confidence – Monday at 9:30

French Final Private Payrolls – Tuesday at 6:30

German ZEW Economic Sentiment – Tuesday at 10:00

Industrial Production – Wednesday at 10:00

German Final CPI – Thursday at 7:00

French Final CPI – Thursday at 7:45

ECB rate decision – Thursday at 12:45

press conference at 13:30

Flash PMI’s – Friday

France - 8:15

Germany – 8:30

Euro-zone - 9:00

Support and Resistance levels for EUR/USD (Technical and Historical levels Analysis) – Forex Trading Tips

Resistance Levels

1.1650

1.1615

1.1500

1.1475

1.1415

Support Levels

1.1325

1.1300

1.1270

1.1215

1.1110

1.1025

We remain Bearish on EUR/USD pair.

Sunday, December 2, 2018

EUR/USD FORECAST – 3rd – 7th December, 2018. – Forex Trading Tips.

The EUR/USD pair was pulled down by Italian headlines and strengthening of USD. While the spotlight is on the PMI data, look for these highlights and technical levels for the week of 3^rd to 7^th December.

Manufacturing PMI’s

Spain – Monday at 8:15

Italy – Monday at 8:45

France – Monday at 8:50

Germany – Monday at 8:55

Euro-Zone – Monday at 9:00

Sentix Investor Confidence – Monday at 9:30

Spanish Unemployment Change – Tuesday at 8:00

PPI – Tuesday at 10:00

Services PMI’s – Wednesday

Spain – at 8:15

Italy – at 8:45

France – at 8:50

Germany – at 8:55

Euro-Zone – at 9:00

Retail Sales – Wednesday at 10:00

German Factory Orders – Thursday at 7:00

German Industrial Production – Friday at 7:00

French Industrial Production – Friday at 7:45

French Trade Balance – Friday at 6:45

GDP – Friday at 10:00

Support and Resistance levels for EUR/USD (Technical and Historical levels Analysis) – Forex Trading Tips

Resistance Levels

1.1650

1.1615

1.1500

1.1430

1.1325

1.1300

Support Levels

1.1215

1.1110

1.1025

We remain Bearish on EUR/USD pair.

Latest forex news feed

The Euro/Dollar remains vulnerable, while reaches new weekly lows

23 Nov. 2018

The Euro/Dollar pair achieved a fresh weekly low on Friday, touching 1.1332. It remains close to the low on, merging important daily losses. From the point, it had a week before, trades 80 pips lower and it could past the lowest weekly close from June 2017 if it drops some more pips.

A stronger USD pressed the pair more to the downside in the period of the American session. The DXY is trying the 97.00 area, trading at weekly highs, after opening the day roughly 96.50.

The shift to the upside in the US dollar takes place in the midst of a sell-off in crude oil prices. The greenback accepted support from risk aversion while the EUR remains partial ahead of a key Brexit weekend and also amid the current apprehensions between Italy and the European Commission about the budget.

Latest Forex News Feed

Euro Rises On Upbeat German IFO Business Confidence Data

25 July 2017, 16:07

The euro strengthened against other major currencies in the European session on Tuesday, after data showed that German business confidence strengthened in July. Data from Ifo institute showed that the business confidence index of Germany rose to 116 in July. The score was forecast to fall to 114.9 from June's initially estimated value of 115.1 in June. Likewise, the current conditions index climbed to 125.4 in July, while it was expected to fall to 123.8. The expectations index came in at 107.3, well above the forecast of 106.5. In the Asian trading today, the euro traded higher against its major rivals. In the European trading, the euro rose to a 4-day high of 129.78 against the yen from an early low of 129.25. The euro may test resistance near the 131.00 region. Against the pound and the Swiss franc, the euro advanced to 0.8956 and 1.1047 from early lows of 0.8930 and 1.1007, respectively. If the euro extends its uptrend, it may find resistance around 0.90 against the pound and 1.11 against the franc. Against the U.S., the Australian and the Canadian dollar, the euro climbed to 1.1668, 1.4705 and 1.4602 from early lows of 1.1631, 1.4665 and 1.4546, respectively. The euro is likely to find resistance around 1.18 against the greenback, 1.50 against the aussie and 1.48 against the loonie. The euro edged up to 1.5695 against the NZ dollar, from an early low of 1.5638. This may be compared to an early 5-day high of 1.5724. The euro is likely to find resistance around the 1.58. Looking ahead, U.S. FHFA house price index for May, U.S. S&P Case-Shiller home price index for May and U.S. consumer confidence index for July are slated for release in the New York session. At 1:00 pm ET, Bank of England Chief Economist Andy Haldane is expected to speak about the international monetary and financial system at the Finance Foundation Annual Lecture, in London.

Sunday, December 9, 2018

EUR/USD FORECAST – 10th – 14th December, 2018. – Forex Trading Tips.

Sunday, December 2, 2018

EUR/USD FORECAST – 3rd – 7th December, 2018. – Forex Trading Tips.

The EUR/USD pair was pulled down by Italian headlines and strengthening of USD. While the spotlight is on the PMI data, look for these highlights and technical levels for the week of 3rd to 7th December.

Manufacturing PMI’s

Spain – Monday at 8:15

Italy – Monday at 8:45

France – Monday at 8:50

Germany – Monday at 8:55

Euro-Zone – Monday at 9:00

Sentix Investor Confidence – Monday at 9:30

Spanish Unemployment Change – Tuesday at 8:00

PPI – Tuesday at 10:00

Services PMI’s – Wednesday

Spain – at 8:15

Italy – at 8:45

France – at 8:50

Germany – at 8:55

Euro-Zone – at 9:00

Retail Sales – Wednesday at 10:00

German Factory Orders – Thursday at 7:00

German Industrial Production – Friday at 7:00

French Industrial Production – Friday at 7:45

French Trade Balance – Friday at 6:45

GDP – Friday at 10:00

Support and Resistance levels for EUR/USD (Technical and Historical levels Analysis) – Forex Trading Tips

Resistance Levels

1.1650

1.1615

1.1500

1.1430

1.1325

1.1300

Support Levels

1.1215

1.1110

1.1025

We remain Bearish on EUR/USD pair.

The EUR/USD pair was pulled down by Italian headlines and strengthening of USD. While the spotlight is on the PMI data, look for these highlights and technical levels for the week of 3^rd to 7^th December.