EUR / USD 대한 외환 분석

What is moving the markets these days? What are the main drivers of currency pairs? First, the vaccination pace. The second, the recovery speed. And finally, investors are concerned about how soon the central banks will tighten the policy (increase rates or/and cut asset purchases). Let’s analyze th...

What happened? The last week has ended with greater-than-expected NFP, but weaker average hourly earnings. 916,000 people were employed during March, while the forecast was only 647,000. Average hourly earnings dropped by 0.1%, whereas growth of 0.1% was anticipated. As a result, since NFP comes bet...

What will move the market this week? This week may fairly be called a week of monetary policy reports. On Wednesday, Thursday, and Friday, we will have the US Fed, Bank of England, and Bank of Japan provide their interest rates and monetary policy reports respectively. Therefore, it makes sense to e...

Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook. Fibonacci Levels  XAG/USD: Silver continuous to stand above 38.2% retracement area. There is indecision between bulls and bears. EU M...

What happened? Analysts from TD Securities claimed that "risk sentiment could struggle to find near-term highs just as the global growth backdrop shifts lower, leaving us inclined to hold a sell on rallies posture for the EUR. With this in mind, we implement a short EURUSD position as our Trade of ...

What happened? EUR/USD has started the week on the negative footing as the market sentiment turned to risk-off amid vaccine delays and rising cases in Eurozone, markets await the ECB meeting on Thursday, which is unsatisfied with too high EUR, the EUR has a historical tendency to drop after US inaug...

What happened? The new Covid-19 strain has been found in the United Kingdom. The new virus variant appears to be 70% more contagious than other strains. The market sentiment immediately worsened after the report. As a result, investors poured their capital into safe-haven assets like the USD, the JP...

The year-end is getting closer. What will 2021 bring us? Let’s find out what major banks expect! USD: down and down and down Most analysts predict the further falling of the US dollar during the next year. The consensus is the decline by 5-10% against most currencies. There are two main reasons for ...

EUR/USD: decade’s end The year 2020 started with the EUR/USD touching the bottom of 1.08 as it was making the way for the downtrend through the entire 2019. After a fierce shock easily visible as heavy fluctuation in February-March, the pair reversed and started actively marching upwards. Eventually...

EUR/USD The dollar eventually softened enough to give way to the Euro: the currency pair broke through the key resistance of 1.20 recently and climbed above 1.21. Tactically, EUR/USD is now in an upswing that started in February. If that upswing makes its way through 1.22 up to 1.24 and above, it wi...

EUR/USD: back into the channel This currency pair is definitely going through fierce fluctuation. The recent rise to 1.19 followed by a plunge to 1.18 and correction confirms that. Now, EUR/USD is back at 1.1850 – that’s the downside of the core channel it’s been going through. That means it makes s...

The numbers This is what we have so far in the US Presidential election scores as of 07:20 MT time. The very latest news is that Donald Trump had a big win in Ohio, a crusial state for the overall outcome of the election. Officials from certain states say there may be no final results until next wee...

The US dollar waned amid the current risk-on sentiment, driven by many reasons. First of all, Donald Trump returned to the White House after spending three days in the hospital. On Friday, he was positively tested on Covid-19, but on Monday evening doctors let him go as he felt better. Secondly, US ...

EUR/USD is edging higher amid the broad sell-off of the greenback and the overall risk-on sentiment. Let’s discuss what can stop its rally. Fundamentals The euro rally has started with the ECB’s statement last week, when the central bank addressed a stronger euro. Today China released upbeat economi...

EUR/USD is supported around 1.1750. However, the pair has already fallen below the summer support line. We’ll view buy trades only when the pair returns above 1.1800. Until that happens, it’s necessary to be ready for further declines – a very likely scenario given the approaching ECB meeting on Thu...

What happened? The most traded pair has started the week on the positive footing. The overall market sentiment is more risk-on than risk-off right now. It’s more noticeable in the stock market. S&P 500 and Nasdaq have reached record highs. Reasons for this rally are quite obvious: vaccine hopes ...

Ichimoku Kinko Hyo CAD/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum. Fibonacci Levels XAU/USD: Gold after a remarkable bearish correction finds buyers close to 23.6% retracem...

The pair bounced off the key resistance at 1.1900. All eyes on the NFP. Fundamentals The overall trend of EUR/USD has been bullish since the middle of March. The main reason for that rally has been the weak greenback. Why does the USD continue dipping? Firstly, investors avoid it as yields are decre...

Some analysts believe the euro will lose its gains in the third quarter. What are the reasons? Indeed, EUR/USD has shown the best performance for almost a decade. It managed to surge from 1.1200 to 1.1900 during July. However, economists from Danske Bank foresee the pair to retest 1.1200 again. Why ...

Fundamental The title may sound somewhat catastrophic, but we are looking into a better recovery in Europe than in the US. That is primarily based on the virus spread in both: while we have an almost totally suppressed infection in the Old World, Covid-19 is still raging west of Atlantic. That means...

The pair slightly contracted after reaching the highest level since 2018. What’s next? What happened? The euro has shown the great performance during 2020 so far. It seems it has changed the 2-year downward long-term trend. If we look at the weekly chart below, we will notice it. The Euro gained on...

What’s happening? EU members will meet today for the fourth day of talks. According to Bloomberg, EU countries such as the Netherlands, Austria, Denmark and Sweden are ready to agree on a key plank of the deal. 390 billion euros of the fund should be invested as grants and 360 billion euros – as low...

Foreshadowing changes The US dollar has been enjoying increased demand among other currencies throughout recent months. That is understandable: once a problem hits the world, there is nothing to run for… except for the USD. However, the crisis, as heavy as it is, especially in the US with its persis...

The pair failed to move in one direction for more than two days in three weeks. How to trade it? The Euro has started the week with the positive footing. Then it dropped, but met the support at 1.1300 and bounced back. Now it’s moving upward. However, if we look at the weekly chart, we will notice ...

Almost all currencies have loosened against the greenback today, but the GBP keeps rallying. How is it possible? What happened? As you can see below: the Australian dollar and the Euro weakened today amid the overall risk-off market sentiment. It was caused by the fresh resurgence of new virus cases...

The economic background is still pretty heavy these days. The WHO warns that the worst is still to come in relation to the virus, and world state authorities are lowering their expectations of the economic output of their respective countries. Nevertheless, the risky mood doesn’t want to stay neglec...

General The performance of the EUR/USD has started being pretty interesting. Recently, the price breached the local resistance of 1.1000 clearing the way to the lower 3-month resistance of 1.1140. Technically, reaching there is a matter of just one confident leap, which may well occur throughout the...

EUR/USD recovered from the March-April support line and formed a “Piercing line” candlestick pattern on the D1. The pattern appeared at the support area of 1.0800/1.0770. As a result, there are reasons to expect that EUR/USD will test higher levels, especially if the US Nonfarm Payrolls are in line ...

On the H4, we can see that EUR/USD has found a temporary bottom in the 1.0770 area. The pair is now trading above the former short-term resistance line going down from March highs (1.0835). The correction to the upside may take the euro to 1.0910/1.0937 (100- and 50-period MAs).  On the H1, the pair...

The price action in EUR/USD has been quite unfavorable for the euro. On The W1, the 50-week MA limited the pair’s advance. On the D1, we see formation of lower highs this month. An attempt to get above the 50-day MA (1.1095) on Tuesday has failed. As a result, the pressure on the support at 1.1065 (...