Weekly FX Analysis

January 29, 2018
EUR/USD

Weekly Analysis: US Dollar weakness continued throughout the entire last week and the pair made substantial advances to the north, reaching the key psychological level at 1.2500.

January 22, 2018
EUR/USD

Weekly Analysis: Last week we saw several attempts to move above the resistance at 1.2280 but all resulted in bounces lower. Overall the pair remained consolidation phase, but pressure is mounting for a stronger move.

January 15, 2018
EUR/USD

Forex News: The Euro was boosted by news that the ECB might change their forward guidance to a more hawkish tone and also by positive news coming from the German political scene, later in the week. All this triggered a huge climb, breaking last year’s high.

January 8, 2018
EUR/USD

Weekly Analysis: Last week price action slowed down and the pair traded in a relatively tight range between 1.2000 support and 1.2092 resistance. Overall it was an uneventful week and the pair is likely to enter a consolidation phase.

January 1, 2018
EUR/USD

Weekly Analysis: The US Dollar ended the year on a bearish note, weakening for the entire last week against the Euro. The pair finished 2017 right on the key resistance at 1.2000 but it is unclear yet if we are dealing with a true break.

December 11, 2017
EUR/USD

Weekly Analysis: Last week belonged to the US Dollar that showed signs of recovery and took the pair into 1.1700 area. Most of the move was technical as the economic scene was slow and without market moving events.

December 4, 2017
EUR/USD

Weekly Analysis: The US Dollar showed modest gains in the beginning of last week but the pair then climbed on the back of U.S. political turmoil. Overall price action was choppy and characterized by reversals on the lower time frames.

November 27, 2017
EUR/USD

Weekly Analysis: Euro strength combined with US Dollar weakness across the board generated a bullish week and a break of key resistance. The pair has exited the consolidation phase but the long term uptrend has not yet resumed.

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