EUR/USD remains completely unchanged at 1.1320

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"It comes down to the fact that labor markets are doing better, and rightly or wrongly, they are looking through low inflation as transitory."
- Bank of America Merrill Lynch (based on MarketWatch)

Pair's Outlook
EUR/USD registered completely no changes in its value on Tuesday as compared to Monday's closing level. The pair traded around 1.1320 for the most part of the day, even though the overall trading range was located between 1.1270 and 1.1350. Still, daily technical indicators continue pointing to the south, meaning that the bearish scenario is more likely than the bullish one. Therefore, when the US Dollar gets enough impetus, it may push the pair down to 1.1225 in the near term (weekly S1). 

Traders' Sentiment
Bullish opened positions at the SWFX market continue to hover just below 50%, with as many as 47% of them registered in the morning on Wednesday.  

© Dukascopy Bank SA
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Actual Topics

Wed, 11 Feb 2015 09:24:34 GMT

USD/JPY closes in on 120

After a brief stop USD/JPY resumed the advance.

Wed, 11 Feb 2015 09:24:15 GMT

GBP/USD to bounce off 1.53

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