Author: Darrell Jobman

EUR/USD The Euro was trapped within familiar ranges during Friday as players were again unable to break major resistance levels in generally tentative conditions. There were underlying fears over Euro-zone sovereign debt and the...

EUR/USD The Euro was confined to narrower ranges during Thursday as markets were unable to take out any major technical levels. There were also no major Euro-zone developments during the day, but there was a more measured tone...

EUR/USD The Euro remained vulnerable in European trading on Wednesday, but did find support below the 1.27 level as the dollar also found it difficult to gain any significant buying support. Demand in the latest Euro-zone bond...

EUR/USD The Euro remained under pressure in European trading on Tuesday and retreated to test support levels below 1.2750 against the dollar. A weaker than expected German industrial orders report increased speculation that the...

EUR/USD The Euro tested resistance levels above 1.29 against the dollar in early Europe on Monday with some follow-through buying following the gains at the end of last week. The Euro was unable to make further headway during...

EUR/USD The Euro found support below 1.28 against the dollar during Thursday and markets generally were looking to test resistance levels, but ranges were narrow. There was evidence of option positions being defended which...

EUR/USD The Euro found further support near 1.2650 against the dollar during Wednesday and strengthened to above the 1.2750 level ahead of the US economic data releases with reports of Far East central bank Euro buying providing...

EUR/USD The Euro found support below 1.2650 against the dollar during Tuesday and rallied to highs just below 1.2750 during the US session. The Euro was unable to sustain the advance and re-tested support levels near 1.2650...

EUR/USD The Euro was unable to break resistance levels above 1.2750 against the dollar during Monday and drifted weaker, notably in the US session with lows below 1.2680 as buying support faded. Despite an initially favourable...

EUR/USD The Euro found support below 1.27 against the dollar in European on Friday as markets consolidated ahead of key event risks later in the US session. US second-quarter GDP growth fell to 1.6% from a provisional 2.4%. As...