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  • rosentray
    replied
    EUR/USD is trading lower today going to 1.05. The pair is now trading at 1.0511 as uncertainty continues to be high due to the coming Inauguration of Donald Trump as POTUS.

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  • rosentray
    replied
    EUR/USD continues to trade relatively unchanged around the 1.06 level. Price is now 1.0561, slightly lower than yesterday's high indicating that US bulls are not yet ready to give up control over the pair.

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  • Mike Cole
    replied
    How did GBP perform in 2016?

    http://atozforex.com/news/2016-pound...nce-breakdown/

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  • rosentray
    replied
    EUR/USD traders remains cautious in the first day of the week as price keeps trading unchanged around 1.0540. On Friday the US dollar was benefited by positive US data and that drove the price of the pair down. Now bears seem to have an edge that would give them control over the pair for the short-term.

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  • rosentray
    replied
    EUR/USD is trading relatively unchanged today as traders are waiting on the latest NFP and jobs report later today. The pair is now 1.0603. High volatility is expected in less than 3 hours.

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  • rosentray
    replied
    EUR/USD is up on release of FOMC minutes. The pair went to a high of 1.0562 on increased risk of higher pricing and uncertainty for higher inflation. Dollar is weaker as markets are unsure what the impact of current policy is going to be.

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  • rosentray
    replied
    The EUR/USD is trading slightly unchanged since yesterday's levels. The pair continues to gravitate towards 1.04 level, currently 1.0403. Main trend on the long-term remains bearish. Volatility may remain low until Donald Trump officially steps into office.

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  • rosentray
    replied

    The US dollar is making a strong comeback in the first week of trading for 2017. The US currency is up against all competitors, most significantly against the euro, japanese yen and swiss franc.

    All three pairs registered a move in favor of the US dollar in the second trading day for 2017 with slightly boring first day of trading for the year. However, today the EUR/USD went below 1.04 again, when a few days earlier it reached 1.0650. The swiss franc reached 1.0050 and is now back just a few points shy of 1.0300. And the japanese yen is yet again depreciated with price above 118 for a dollar.

    All this comes as President elect Trump is about to step into office with his just formed administration full of financial and technological experts that are expected to take the US economy into the next level with more jobs created, tax cuts, spending cuts, higher rates and all that good stuff.

    All this can infact be very dangerous for the US economy as this actually sets the bar really high and thus it would be very difficult to meet those expectations.

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  • rosentray
    replied
    EUR/USD is trading lower today after the flash crash from last week took the pair to a high of 1.0650. Price is now 1.0481 and it appears that US dollar bulls are again ready to take control over the market.

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  • rosentray
    replied
    EUR/USD sharply up in today's session due to a computer generated order that created a spike in the pair up to 1.0650. The pair is now 1.0560 in the last trading day of 2016.

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  • rosentray
    replied
    EUR/USD reached 1.0373 yesterday and is up sharply to a high of 1.0479. The pair is currently trading at 1.0470 as it seems that US bulls will take a break until years end. Support rests at 1.04 while resistance is seen at 1.0515.

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  • rosentray
    replied
    EUR/USD is trading slightly lower today but still remains in the consolidation zone between 1.05 and 1.0390. Main trend remains bearish with current market price at 1.0435. Important events are scheduled until the end of the week that can cause some volatility in the last trading days of 2016.

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  • rosentray
    replied
    EUR/USD is trading relatively unchanged since yesterday's session. The pair is now 1.0451 in a market environment that lacks volatility and liquidity. The pair is expected to keep gravitating towards current levels until New Years' Eve.

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  • rosentray
    replied
    EUR/USD is trading a bit higher in today's session going as high as 1.0467. The pair is seen to consolidate towards current levels as bulls might be into correction before the price heads to parity, as analysts and experts predict for early 2017.

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  • rosentray
    replied
    Nothing out of the ordinary in today's session as traders and investors are having a few days in a calmer market environment before Christmas. EUR/USD is now trading at 1.0459, slightly up from yesterday's levels.

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