"Pending orders in 100-pip range from the current market price are negative (30% bullish / 70% bearish). It is likely that the pair will increase in price, with the closest resistance for it located at 1.2447 and is represented by the weekly pivot point and 20-day SMA. At the same time, the downward movement is possible as well, while for
"Pending orders in 100-pip range from the current market price are negative (29% bullish / 71% bearish). It is likely that the pair will increase in price, with the closest resistance for it located at 1.2339 and is represented by the monthly S1. At the same time, the downward movement is possible as well, while for that purpose the closest
"Pending orders in 100-pip range from the current market price are positive (54% bullish / 46% bearish). It is likely that the pair will increase in price, with the closest resistance for it located at 1.2447 and is represented by the weekly pivot point and 20-day SMA. At the same time, the downward movement is possible as well, while for
During first day of the new working week, the single currency posted a 0.14% daily gain versus the American dollar. Alongside, the bloc's currency rose 0.32% and 0.06% against the Aussie and Swiss franc. On the other hand, it lost value versus other major currencies on the market. Factory output of the Euro zone's top economies: Germany, France and Italy,
On Friday the Euro lost dropped 0.12% versus American dollar and registered the only drop against major currencies. The shared currency surged against the Japanese yen and Canadian dollar during the last day pf the previous week, by 0.65% and 0.62%, respectively. Due to Bank Holiday in the United States, most of the economic data came from the currency union
On Thursday the single currency dropped 0.31% versus American dollar and registered the second steepest fall against major currencies. On the other hand, the Euro surged against Canadian dollar and British pound by 0.43% and 0.05%, respectively. Negative contributions for the shared currency were added by the Bundesbank and statistics from Spain. German Central Bank says economic momentum in the
On Wednesday the single European currency rose 0.26% against the Greenback and posted the third consecutive day of gains against this currency, as surprisingly negative fundamental statistics from North America forced the US dollar to deteriorate versus its major peers. For the first time since early September initial unemployment claims in the US broke above the 300,000 threshold, rising to
On Monday the shared currency advanced 0.41% against the Greenback, while unexpectedly positive statistical data from Germany contributed to the Euro's increase versus all major currencies. Ifo Business Climate in Europe's largest economy went up to 104.7 points in November, even though analysts on aggregate predicted this indicator to deteriorate for a sixth consecutive month. At the same time, more