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  • EUR/USD is higher in today's early European hours. The pair is now trading at 1.1007 and already made a high of 1.1026. If we do not get above 1.1020 today there is a big chance to see further depreciation of the pair.

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    • EUR/USD is trading relatively unchanged since yesterday's calm levels around 1.10. The pair is now slightly below at 1.0995 and it seems to be consolidating ahead of market news and reports that will create volatility. Main trend remains bearish, expectations are in favor of the US dollar.

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      • EUR/USD is trading somewhat higher today after three days of consolidating around 1.0960. Price is now 1.0988. Bearish momentum continues to be present.

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        • EUR/USD broke the psychological level of 1.09 and is now trading at 1.0892. The pair has been feeling the effect of the bearish momentum as it's already beyond the support level for the short-term. Next bear target is 1.0820.

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          • EUR/USD seems to have found a steady foundation at its last low of 1.0859. The pair is now slightly higher at 1.0891 and appears to be trading with low volumes. First support zone is expected at 1.0810, first resistance is expected at 1.0970.

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            • Originally posted by rosentray
              EUR/USD seems to have found a steady foundation at its last low of 1.0859. The pair is now slightly higher at 1.0891 and appears to be trading with low volumes. First support zone is expected at 1.0810, first resistance is expected at 1.0970.
              Tradingview would be highly recommended to go along with your analysis.

              Sent from my SM-G7102 using Tapatalk

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              • EUR/USD seems to be trading in consolidation for a second day after yesterday's low volume trading around 1.0880. The pair is now 1.0883 and as it seems, again low volume is shaping the trading day so far. First support is seen at 1.0820.

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                • Discussing the oil demand issue on the sidelines of the International Energy Week in Singapore, Fatih Birol has stated that the oil demand growth could potentially weaken further, in case the oil prices will continue rise.
                  Global oil demand is expected to decelerate, as the IEA 2017 oil forecast sees the growth of the global oil demand to rise only by 1.2 million bpd.

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                  • EUR/USD has been trading in consolidation for the past few days gravitating towards 1.0880. Lite volumes indicate that the trend is exhausted, which means that either the pair is taking a breather before nose diving or that bulls are preparing at attack. Current market price 1.0887.

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                    • EUR/USD is gravitating towards 1.0900-1.0910. The pair is trading in light volumes as market participants are anticipating today US data, Durable Goods Orders, scheduled for 8:30 Eastern.

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                      • The consolidation in EUR/USD continues to be present in the currency's early European trading today. The pair is now 1.0904 after yesterday's bullish attempt to climb higher failed due to not enough strength in yesterday's US data.

                        Durable Goods Orders turned out to be non-event and market participants witnessed only a slight reaction to the upside at 1.0942. After the initial boost, the pair lost momentum and fell to pre-event levels. Today is the fifth consecutive day of lite volume trading for the pair, as it has been holding to levels around 1.09 since the beginning of the week.
                        However, we have one more chance to see volatility today with the latest high impact US GDP data. Expectations are that the US GDP for Q3 will be 2.4%, prior to 1.4%.
                        If the data is positive, then we can expect a sharp drop in the pair that could lead us to levels around 1.0820. On the other hand, a disappointing report would help bulls to gain control and push prices higher.

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                        • EUR/USD has been receiving mixed signals from both parties since Friday. The pair tried to go above 1.10 but was unsuccessful in sustaining the momentum and bears brought the pair down to current market price of 1.0958.

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                          • EUR/USD is trading relatively unchanged from yesterday's levels gravitating towards 1.0970. Important news are scheduled for today that may impact the pair. First resistance is seen at 1.10, while first support is seen at 1.0940.

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                            • EUR/USD made a high of 1.1099 in the midst of market uncertainty. The US dollar appears to be losing strength over its competitors as December raise is becoming unlikely. Current market price: 1.1081.

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                              • EUR/USD is trading lower today. It appears that the US dollar is losing ground, at least until tomorrow's NFP and Jobs report data. Current market price 1.1088 down from 1.1125.

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