Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a guide for intraday traders. The economic data cited may trigger new impulses and should therefore be taken into account. Have a successful trading day! Henry…
Review: EUR/USD in the past trading week brought the in the last week outlookfavored rise “to the range 1.0750 to 1.0800 USD”. What lies ahead in the coming trading days and how will it continue from a chart perspective? Outlook: The upcoming trading week is likely to start rather quiet – in the U.S. today…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a guide for intraday traders. The economic data cited may trigger new impulses and should therefore be taken into account. Have a successful trading day! Levels
Review: EUR/USD recovered significantly in the course of the past trading week. The main reason for this were statements by ECB officials regarding the upcoming interest rate hikes. EUR/USD managed a decisive rebound above the key resistance around USD 1.0480/1.0520. At the start of the week, the recovery movement initially continues. Outlook: The upcoming trading…
The EUR/USD pair stalled in today’s trading session. The German GfK consumer climate surprisingly dropped significantly in September to minus 1.2 points – the lowest value since June. The EUR/USD’s recovery after hitting a nine-and-a-half month low at 1.1663 last Friday stalled in European trading Thursday morning. From the fresh weekly high at 1.1775, the…
Currently, the pair is trading near 1.18. The EUR/USD made a new low in today’s trading. The widening yield gap between 10-year US and German government bonds is striking. It is already up to 2% (200 basis points). The EURO is still quite relaxed at the moment. He’s resilient and doesn’t want to fall too…
Today we take a closer look at the recent moves in the EUR/GBP. This market has been in a downtrend since early 2021. While the EUR/GBP was trading at 0.9048 in early January, it is currently trading at 0.8613. This price drop of 3.63% occurred very quickly and without any major counter-reactions. However, the…
In today’s report, we will take a closer look at the GBP/USD currency pair. If you listen to the currency analysts at UOB Group, the Cable has the potential to fall back to the 1.3850 level within the next few weeks. Looking at the chart, one can see the very strong rise since the…
The EUR/USD continued last week’s decline today. It even touched the lows at 1.2030. The 1.2030 area was last touched 14 days ago and was used as support at that time. Currently, the market is in a bearish trend channel. Either this will continue and go below the 1.2030 level or the support can hold…
In today’s analysis, we will take a closer look at the German pharmaceutical company Bayer. After the stock’s low of €39.91 on October 30, 2020, Bayer completed a recovery to €56.84. But now the recent upward trend has been broken, as Bayer failed to convince with its 2020 figures. Furthermore, the outlook for 2021 was…
