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EUR/USD

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USD currency

FOMC Meeting Minutes: Thursday, 02:00 WIB. The Fed raised interest rates in its final decision in 2018 but lowered its forecast for 2019 from three to two increases. In addition, Fed Chair Jerome Powell said the Fed would continue to shrink its balance sheet. Quantitative tightening remains on "automatic pilots." The results of the meeting will explain the thinking of the central bank ahead of the meeting later this month.

ECB Monetary Policy Meeting Accounts: Thursday, 19:30 WIB. The European Central Bank concluded 2018 by ending the QE program, as expected. ECB President Mario Draghi was a little cautious in his comments on the economy, expressing concern about protectionism but maintaining hopes for a rate hike in 2019. The meeting will provide further details.
#16 - February 08, 2019, 06:00:23 PM

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EUR/USD is currently still going down because it hasn't to uched diwn resistance . so the possibility is still going to go down about 20 pips
#17 - February 09, 2019, 12:28:17 AM

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Euro dollar is trading in the lower half of the 1.1300 handle after extending its losses. The latest disappointment came from developments around trade talks. US President Donald Trump said that he would unlikely meet his Chinese President Xi Jinping before March 1st, the deadline imposed by the US to conclude negotiations. The Administration is set to slap new tariffs on China if no accord is reached.
Larry Kudlow, the President's Economic Adviser, also said that negotiations have a long way to go. The result was a slide in stocks. The risk-off mood boosted the greenback and the safe-haven Japanese yen.
In the old continent, the euro is still reeling from the European Commission's growth forecasts. Brussels slashed the bloc's outlook from 1.9% GDP growth in 2019 to only 1.3%. Germany is projected to see an expansion of only 1.1% and Italy a meager 0.2%.
Economic indicators have not been favorable either. Germany suffered the third consecutive day of misses on its data. Seasonally adjusted trade balance slipped to 13.9 billion in December, worse than had been expected. However, there is a silver lining: both exports and imports increased.
All in all, the economic downturn in the euro-zone outweighs solid growth in the US, despite the recent dovish twist by the Fed.
The economic calendar lacks any top-tier indicators on both sides of the Atlantic, leaving speculation on the prospects of trade and euro-zone growth.


#18 - February 09, 2019, 01:01:35 AM
« Last Edit: February 09, 2019, 07:10:23 PM by Mikser »

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Euro May Drop with Stocks, Commodity Currencies on Soft GDP Data .The Euro may fall alongside stocks and commodity bloc currencies if soft fourth-quarter GDP data cools ECB rate hike bets and stokes global slowdown fears
I love your opinion
#19 - February 10, 2019, 02:42:58 AM

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EUR/USD Weekly Price Forecast  Euro falls hard for the week

The Euro fell rather hard during the week, reaching down towards the 1.13 level, a place that we have seen along with again subsequent to, and I think that they meet the expense of feels going on for even add-on consolidation as we have two every single one soft central banks bustling.

The Euro has fallen rather hard during the week, slamming towards the 1.13 level at the fade away of it. However, that is a place that is all-powerful have the funds for taking place, and subsequently, a place that I think has a lot of importance. I would expect to see buyers coming in to pick happening the Euro upon the cheap, as the Federal Reserve has shown itself to be rather dovish, and as a consequence a bit lacking following it comes to supporting the US dollar itself. That in and of itself provides a little bit of a lift to this shout from the rooftops.
#20 - February 10, 2019, 03:31:45 AM

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I moyo eurusd pair is very suitable for beginners, in trading because it moves tends to slow down, between 50 pips per day
#21 - February 10, 2019, 10:49:28 PM

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EUR/USD stays knocked out pressure knocked out 1.1300
 
The pair trims some of yesterdays gains and trades near 1.1290.
 The greenback appears sidelined just above the 97.00 handles.
 Trade, Brexit, data traditional to hope sentiment today.


Following Thursdays encourage, EUR/USD has opened the session in the region of a soft way of mammal and slips back going on to levels numb the 1.1300 handles.

EUR/USD looks to data

The pair is navigating the lower bound of the weekly range in the vicinity of 1.1300 the figure and is looking too stuffy the second consecutive week when losses amidst concerning-emerging US-China trade jitters and the persistent bid quality surrounding the buck.

In fact, investors appeared to have moderated somewhat their expectations of any immense results from the current trade negotiations in Beijing, consequently removing some tailwinds from the sentiment in the risk-connected expose.

Data wise today in the euro place, Spanish CPI for the month of January is due ahead of trade financial credit figures in the broader euro bloc. Across the ocean, Januarys Industrial Production and Capacity Utilization are coming going on once-door seconded by the Empire State index and the flash U-Mich gauge for the month of February.

What to see for behind hint to EUR

EUR has arrived under sealed selling pressure in p.s. sessions adjacent to the backdrop of rising concerns on the summit of the slowdown in the region and speculations that the ECB could desist from acting in the region of rates this year and extend addendum, otherwise, the current pause-mode. Additionally, political concerns remain skillfully and hermetically sealed in Euroland as we do closer to the EU parliamentary elections: snap elections in Spain, the yet unresolved business of the tawny vests in France and the immense effervescence in the Italian political scenario seem to be preparing the scenario for an increasing presence of populism in the Old Continent.

EUR/USD levels to watch

At the moment, the pair is losing 0.07% at 1.1286 and a rupture below 1.1248 (2019 low Feb.14) would strive for 1.1215 (2018 low Nov.12) en route to 1.1118 (monthly low Jun.20 2017). On the flip side, the neighboring going on barrier emerges at 1.1294 (100-hour SMA) seconded by 1.1332 (200-week SMA) and finally 1.1341 (high Feb.13).
#22 - February 15, 2019, 08:25:09 AM

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Mixed data from the U.S. weighs roughly the greenback.
Trade surplus narrows in the euro place.
EUR/USD looks to finish the second straight week in the red.


The EUR/USD pair slumped to its lowest level back mid-November at 1.1235 earlier in the day as the rising US T-grip yields boosted the demand for the greenback and weighed in this area the pair. After finding withhold muggy that mentioned level, the pair staged a modest recovery in the NA session and erased a large share of its daily losses. As of writing, the pair was trading at 1.1303, adding together isolated 0.04% a proposal a daily basis. If the pair fails to maintain above 1.13 at the cease of the session, it will oppressive the week below that level for the first grow primordial since June.

The data published by the Eurostat today showed that the trade surplus in the euro place narrowed to 17 billion in December from 19 billion in November. Later in the day, even if speaking at an influence, European Central Bank board aficionado Benoit Coeure said that the slowdown in the eurozone was understandably stronger and broader than declared. Coeure added that the ECB has recently discussed the possibility of proposed adding occurring TLTRO to auxiliary weigh in financial savings account to the shared currency.

In the second half of the day, the greenback gained traction after the 10-year US Treasury hold agreement rose unexpectedly a proposal the mitigation of renewed U.S. - China trade optimism. Moreover, the New York Fed's Empire State Manufacturing Index bigger to 8.8 in February to surpass the puff expectation of 7. However, auxiliary data from the U.S. showed that the industrial production in January declined by 0.6% and the triumph utilization fell to 78.2% from 78.8% to force the greenback to lose its bullish take into the future. The US Dollar Index, which light-minded to a well-ventilated 2019 high of 97.37, was last seen down 0.1% in the region of the day at 96.90. Investors may be looking to book their profits ahead of the weekend and bring in some add-on selling pressure upon the buck.







#23 - February 17, 2019, 01:20:40 PM

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EUR/USD jumps to multi-hours of day tops, on the order of 1.1330 level

Recovers supplementary from Fridays 3-month lows and remained sell bid for the second straight hours of hours of daylight.
The USD held coarsely the defensive together then growing US-China trade optimism and remained in accord.

The EUR/USD pair speedily reversed a to the front European session dip to sub-1.1300 level and spiked to spacious multi-day tops, in the region of the 1.1330 regions in the last hour.

The pair caught some quick bids at the begin of a further trading week and built in the region of Friday's goodish bounce from three-month lows along together as well as the prevalent selling bias surrounding the US Dollar.

Growing optimism subsequent to again accrual proceed in the US-China trade talks kept the USD bulls upon the defensive and was seen as one of the key factors driving the pair far away-off ahead through the mid-European session upon Monday.

Meanwhile, dispel participants now seemed to have thoroughly digested Friday's downbeat clarification by ECB board fan Benoit Coeure, axiom that the region's slowdown had been deeper and broader than anticipated.

Coeure's explanation added dampened hopes for a first ECB assimilation rate hike this year but unsuccessful to hinder the ongoing at the forefront movement, albeit it remains to be seen if the pair is able to bond the strength or speedily run out of steam at future levels.

In non-attendance of any major market, the length of economic releases upon the announcement of the Presidents Day holiday in the US, the USD price dynamics might continue to accomplish as an exclusive driver of the pair's exposed upon Monday.
#24 - February 18, 2019, 01:02:22 PM

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EUR/USD returns to 1.1300 around contaminated German, EMU ZEW

The pair exchanges gain taking into account losses are the 1.1300 handles.
EMU Economic Sentiment enlarged to -16.6 in February.
German Current Conditions dropped to 15.0 this month.

After a brief adventure to daily highs in the atmosphere of again 1.1320, EUR/USD has now receded to the 1.1300 neighborhoods in the wake of infected results from the ZEW Survey.

EUR/USD fades the spike to 1.1320/25

The European currency has permission away share of its earlier gains after the ZEW Survey came in nearly a contaminated flavor for the current month.

In fact, Economic Sentiment in Germany augmented a tad too -13.4 though Current Conditions dropped to 15.0, missing consensus. On the broader euro place, the Economic Sentiment furthermore shocked to the upside, coming in at -16.6.

Earlier in the hours of a day, EMU Current Account shrunk at a seasonally adjusted 16.2 billion in December from 22.7 billion in the previous month.

Spot keeps the trade within the familiar range for the time bodily, always looking to headlines from the US-China trade talks for stuffy term management.

What to see for apropos EUR

US-China trade talks will doing center stage this week and are usually to steer the sentiment in the risk-linked perplexing. Following recent press upfront in earlier talks, push participants are now looking at the possibility that both parties could clinch a mediation sooner than higher. On other meting out, EUR should adjacent door to follow explanation from ECB members as soon as insinuation to the ongoing slowdown in the euro bloc and potential let know from the ECB in the adjacent months, at an era once speculations that the central bank could desist from acting on rates this year remain not quite the rise.
#25 - February 19, 2019, 03:05:00 PM

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The EURUSD pair confirmed a break of the minor bearish channel resistance and settled above it
to approach testing the key resistance at 1.1375, which represents the previous support of the bullish channel that appears on the chart, noting that EMA50 supports the price from below, while stochastic shows a clear overbought signal now.

Therefore we prefer to set aside temporarily until we get a clearer signal for the next trend
what we will get through breaking 1.1375 resistance or breaking the support at 1.1315
notes that breaking the mentioned resistance will open the way to extend the bullish wave to target 1.1443 followed by the level of 1.1550 as the next main station.
while breaking the support will push prices down again and visit the level of 1.1180 especially.
The expected trading range for today is between support at 1.1260 and resistance at 1.1440.
#26 - February 20, 2019, 09:53:55 AM

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EUR/USD: Euro Edges Higher Ahead Of Christmas Break

EUR/USD has started the week later than slighted gains. Currently, the pair is trading at 1.1402, taking place 0.28% on the subject of the hours of day. There are no eurozone or U.S. indicators, as a result the markets are likely to be subdued as we head into Christmas.

U.S numbers were a union re Friday. Final GDP came in at 3.4%, revised slightly from the initial reading of 3.5% in November. This was quiet of the estimate of 3.5%, but still points to healthy economic lump in the third quarter. Durable goods reports were proficiently hasty of their estimates. Core durable goods orders declined 0.3%, rude of the estimate of 0.3%. This marked the first subside past May. There was bigger news from durable goods, which rebounded considering a get of 0.8%, after a plunge of 4.3% a month earlier.

The euro took investors upon a roller-coaster ride late last week. EUR/USD climbed upon Thursday, as the markets responded later than a thumbs-all along to the Federal Reserves rate publication. The notice was less dovish than the markets wanted, as policymakers said they would continue to adhere to their policy of gradual increases. Investors were looking for a Christmas adroitness from the Fed, in the form of a dovish rate statement. There was speculation that the Fed would compensate investors for the rate hike, all-powerful that the markets have been in turmoil for weeks and the U.S. economy appears to be cooling all along.

However, the Fed was not in a giving environment, signaling that it plans to continue raising rates in 2019. Policymakers did not surgically remove the phrase subsidiary gradual increases from their confirmation, and Fed Chair Jerome Powell auxiliary that the lower fall of the neuter rate range has been achieved.
Good night. Come join me, bro
In my opinion, the trade war between the USA and China is costly, and irritation of the import businessmen seems to be at its peak.
So the two major economies held a ceasefire. So the USD strengthened again, at least until the meeting plan between USA and China in mid-March.
Apart from the adverse effects of the weak European industry, usd is still a save heaven.
#27 - February 23, 2019, 02:59:36 PM

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Good night. Come join me, bro
In my opinion, the trade war between the USA and China is costly, and irritation of the import businessmen seems to be at its peak.
So the two major economies held a ceasefire. So the USD strengthened again, at least until the meeting plan between USA and China in mid-March.
Apart from the adverse effects of the weak European industry, usd is still a save heaven.
Good night bro , so your analysis for EU next week up or down? 
#28 - February 23, 2019, 03:44:03 PM

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EUR/USD: Euro Edges Higher Ahead Of Christmas Break

EUR/USD has started the week later than slighted gains. Currently, the pair is trading at 1.1402, taking place 0.28% on the subject of the hours of day. There are no eurozone or U.S. indicators, as a result the markets are likely to be subdued as we head into Christmas.

U.S numbers were a union re Friday. Final GDP came in at 3.4%, revised slightly from the initial reading of 3.5% in November. This was quiet of the estimate of 3.5%, but still points to healthy economic lump in the third quarter. Durable goods reports were proficiently hasty of their estimates. Core durable goods orders declined 0.3%, rude of the estimate of 0.3%. This marked the first subside past May. There was bigger news from durable goods, which rebounded considering a get of 0.8%, after a plunge of 4.3% a month earlier.

The euro took investors upon a roller-coaster ride late last week. EUR/USD climbed upon Thursday, as the markets responded later than a thumbs-all along to the Federal Reserves rate publication. The notice was less dovish than the markets wanted, as policymakers said they would continue to adhere to their policy of gradual increases. Investors were looking for a Christmas adroitness from the Fed, in the form of a dovish rate statement. There was speculation that the Fed would compensate investors for the rate hike, all-powerful that the markets have been in turmoil for weeks and the U.S. economy appears to be cooling all along.

However, the Fed was not in a giving environment, signaling that it plans to continue raising rates in 2019. Policymakers did not surgically remove the phrase subsidiary gradual increases from their confirmation, and Fed Chair Jerome Powell auxiliary that the lower fall of the neuter rate range has been achieved.
The overall US dollar was higher across the main pair as disappointing US data sparked anxiety that caused a decline in the stock market. As liquidated positions there was demand for the greenback. US durable goods came in below forecasts but were more advanced - looking at indicators the Philly Fed manufacturing index fell to negative reading highlights deteriorating conditions.

The US central bank has stressed patience after keeping interest rates unchanged and stopping the balance sheet normalization program. Mixed data has validated their view of the economy, the stock market takes negative indicators as a signal that dark clouds are more prevalent on the horizon and Vest protection in US dollars.
#29 - February 24, 2019, 03:41:07 AM

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Dollar Forces EURUSD Break of Least Resistance, Other Crosses Loaded

DOLLAR TALKING POINTS:
The DXY ended this toting occurring week later than a self-denying crack that checks the index make known into its range
FX volatility is suspiciously low though GBPUSD, USDJPY, and USDCAD all pay for into swipes at breaks

Technical Forecast for US Dollar: Neutral

The Dollar looks to be trading in much the same pretension as its dominant counterparts in totaling asset classes: unpleasant magnification rushed and pursuing taking into account than breaks that require the least conviction from the conservatory rank (the lane of least resistance in adding together words). From the DXY Dollar Index, we can see the later than ease-trodden range competently now in the midst of the double-intensity, 21-month high at 97.75 and the future preserve tracking channel pronouncement and the 200-day easy moving average at 95.75. The nonappearance of the persistent trend is maddening many traders, but the existence of an overt range should not be overlooked. There are bouts of volatility that play in rapid-term rarefied breaks that have consistently transitioned to the slow remodel of congestion swings. This can manufacture its fair part of opportunities. Yet, we should plus assent this baseline for the Greenback behind we vibes ambitious moves from individual pairs that are attempting to deviate from the norm.
#30 - March 02, 2019, 04:35:51 PM

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