Author: Darrell Jobman

EUR/USD The Euro found support on dips to the 1.2960 area against the dollar on Wednesday and advanced to test resistance levels near 1.3060 later in the European session. This is an important area technically a representing the...

EUR/USD The Euro initially hit resistance close to 1.2980 against the dollar on Tuesday and retreated to re-test lows near 1.29 before advancing again. The move was sustained this time with a move to test resistance above 1.30...

EUR/USD The Euro remained under pressure during the European session on Monday, but did find support close to 1.2870 and rallied to the 1.2940 area in New York as the pace of selling slowed with the currency over-sold...

EUR/USD The Euro was unable to overcome resistance above 1.30 ahead of the US payroll data on Friday and drifted weaker to the 1.2950 area on expectations of a firm data set. In the event, the headline December employment gain...

EUR/USD The Euro was unable to make further headway in Europe on Thursday despite strong manufacturing data from Germany and in a repeat of recent trading behaviour it weakened sharply during US trading. Although the German data...

EUR/USD The Euro drifted weaker to test support near 1.3250 against the dollar during the European session on Wednesday and then weakened sharply during New York trading. The US economic data was the catalyst behind the sharp...

EUR/USD The Euro strengthened in early New York trading on Tuesday and pushed to a 3-week high just above 1.3420 as the Euro gained significant support on the crosses. The Euro was unable to sustain the gains and weakened...

EUR/USD Market liquidity remained very low in the run-up to the New-Year holiday weekend and there was a spike in currency volatility with the Euro advancing sharply to highs just above 1.3410 against the dollar on Friday with...

EUR/USD The Euro found continued support below 1.31 against the dollar during Wednesday, underpinned in part by the persistent ability to hold above the 200-day moving average and advanced firmly later in the US session with the...

EUR/USD The Euro fluctuated around the 1.31 level against the dollar during the Christmas period in very thin trading conditions before volatility increased sharply on Tuesday. The Euro advanced strongly to a high above 1.3275...