Tag - eur
Against the British pound, the euro is definitely not doing well this Friday. What's going on?
EUR/NZD formed a “hanging man” pattern on the W1 and went down to trade below the 100- and 50-week MAs.
Risk appetite has recovered a bit…
Flipping the page to open a new week. What are the major events planned for these days in Forex?
NFP is a driver of the day! Check levels for EUR/USD, GBP/USD, USD/JPY, and USD/CAD.
Trade Balance data will affect the USD and the CAD. Check levels for USD/CAD, USD/JPY, EUR/USD, and XAU/USD.
EUR/GBP formed an interim bottom in the 0.8930 area and closed above the 50-day MA at 0.8490 on Monday.
Check the levels for AUD/USD, NZD/USD, EUR/USD, and GBP/USD.
Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.
Last week EUR/NZD made a triumphant comeback to the upside. The pair rose above the 50- and 100-week MAs in the 1.7000/7025.
US ISM Manufacturing PMI release will have an impact on the USD. Comments on the FTA between the UK and the EU are anticipated during the day.