On Friday morning the common European currency was piercing the second weekly resistance, which was located at the 1.1880 mark.
On Thursday morning the common European currency traded almost flat against the US Dollar.
On Wednesday morning the EUR/USD currency pair remained near the 1.18 mark.
On Tuesday morning the EUR/USD currency exchange rate was in a retreat. However,
On Monday morning the common European currency had resumed its surge against the US Dollar.
After the jump of the EUR/USD currency exchange rate , which was caused by the FOMC Statement, the currency exchange rate has retreated.
The Federal Reserve has granted the EUR/USD with more force, as the rate has reached above the 1.1750 mark.
After encountering the 2015 high level the EUR/USD currency exchange rate began a retreat, which continued on during Wednesday morning hours.
The EUR/USD currency pair remained near the 1.1650 mark on Tuesday morning.
The surge provoked by Mario Draghi speech stopped near the 1.1681 level.
The ECB press conference has caused the markets to think that the Euro is strong as a bull.
The Euro continued to retreat against the US Dollar on Thursday morning. It seemed that the rate was at a short term cross point.
The common European currency had slightly retreated against the US Dollar on Wednesday morning, as it encountered resistance.
As it was expected and forecasted on the short term and long term charts, the EUR/USD is fluctuating above the 1.15 mark.
The common European currency is not losing value against the US Dollar, as it has been expected by some. The reason is
The common European currency on Friday traded near the previous session levels against the US Dollar. Nothing much had changed on larger timeframes. However,
The EUR/USD currency exchange rate is being dictated and thrown around by the fundamental events occurring in the markets.
The Euro broke out of the triangle against the US Dollar. However, it did not plummet, as it was forecasted.
The EUR/USD pair has not left the previous range. However, a new short term pattern reveals important information.
On Monday morning the common European currency fluctuated around the 1.14 mark against the US Dollar.
The common European currency has fulfilled the previous forecast against the US Dollar, as the rate has jumped.
On Thursday morning the common European currency had regained some ground against the US Dollar, as it was expected. However,
On Wednesday morning the common European currency remained above the support of the weekly pivot point against the US Dollar, as markets were expecting fundamental news.
The common European currency had retreated against the US Dollar, as it overextended its gains.