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EURUSD - EURUSD: external factors putting pressure on the euro
Italian budget woes, US and Italian government bond yields, Brexit, and expectations of further Fed rate hikes have the Forex market on edge. High volatility on EURUSD persisted throughout the day. Th...
Murrey Math Lines: EURUSD, GBPUSD
As we can see in the H4 chart, EURUSD is consolidating. In this case, the price is expected to continue falling towards the 3/8 level. In the H1 chart, the scenario may be a bit different. The pair ma...
EURUSD Outlook: Bears Pressure Key Supports, Risk Of Deeper Fall On Break
The Euro moves lower in early European trading after holding within tight consolidation in Asia on Friday and looking for eventual attack at key supports at 1.1432/22 (09 Oct spike low / Fibo 76.4% of ...
EURUSD Intraday Analysis
EURUSD (1.1459): The euro continued to extend the declines. Price action was seen trading near the lower support at 1.1435 – 1.1462 level. We expect to see some consolidation taking place at this leve...
Italy's budget deficit keeping EURUSD in focus
Italy's yields rising, the EU calling the Italian budget 'unprecedented' (in a bad way) and the risk of a downgrade to Italian bonds next Friday is putting weight on the EURO. Add to this the fact tha...