Author: Darrell Jobman

EUR/USD The Euro found support on dips to the 1.3680 area against the dollar in Europe on Wednesday and maintained a generally firmer tone during the day with a break of resistance in the 1.3750 area triggering renewed demand...

EUR/USD The dollar gained initial support on Tuesday from a deterioration in risk appetite as fears over the Libyan situation and the Middle East continued. The Euro was subjected to further selling pressure during European...

EUR/USD The Euro held firm in Europe on Monday as the dollar remained vulnerable, but there was resistance above the 1.37 level. The German economic data was stronger than expected as the IFO business confidence index rose to a...

EUR/USD The dollar strengthened during European trading on Friday with a brief move to near 1.3550, but it was unable to sustain the advance and weakened back to the 1.3620 area. In contrast, to the previous session, the Euro...

EUR/USD The dollar failed to gain any traction during the past 24 hours and weakened steadily with lows just beyond 1.3620 against the Euro. There was a spike in risk aversion during Thursday with fresh reports that Iranian...

EUR/USD The Euro retreated to re-test support below 1.3480 against the dollar during Wednesday, but the US currency was unable to sustain an advance and the Euro pushed back strongly to a high just above 1.36 in Asia on...

EUR/USD The Euro tested technical levels during Tuesday, but failed to make a decisive break in either direction and consolidated in the 1.3530 area as support below 1.3480, helped by the suspicion of further Asian central bank...

EUR/USD The Euro faltered close to 1.3550 against the dollar on Monday and was subjected to renewed downward pressure during the European session with 3-week lows near 1.3425 as the currency was unsettled by a variety of...

EUR/USD The Euro was unable to regain the 1.36 level against the dollar on Friday and retreated to re-test important technical support in the 1.35 area before correcting higher in choppy trading conditions. The dollar gained...

EUR/USD The Euro was unable to make a fresh challenge on resistance levels above 1.37 against the dollar during Thursday and retreated to test technical support near 1.3580 during the US session. There were renewed tensions...