EUR/USD to rally further to 1.0788, then 1.0944 – Credit Suisse EURUSD Banks
has cleared key resistance at 1.0612/15. Economists at Credit Suisse look for further strength to 1.0788, then the 50% retracement and trend resistance at 1.0890/1.0944.outlook
“Support at 1.04433 ideally holds to keep the immediate risk higher. Below can see a deeper corrective setback to the 200-Day Moving Average at 1.0350.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD: The 1.0650/1.0750 range is reachable in the next few weeks – ScotiabankEUR/USD holds firm trend through the upper 1.05s. Economists at Scotiabank believe that the pair could reach 1.0650/1.0750 in the coming weeks. Uptren
Read more »
EUR/USD: Limited upside scope from here into year-end – MUFGEconomists at MUFG Bank see limited upside scope for EUR/USD from here into year-end. EUR upside limited from here “ECB is set to signal more rate hik
Read more »
EUR/USD holds in bullish territory awaiting US CPI and the FedEUR/USD is trading near 1.0535, mostly consolidated while traders get braced for interest rate decisions from a slew of central banks this week. The E
Read more »
EUR/USD Price Analysis: Bulls about to throw in the towel?The Euro was mostly flat against the US Dollar at the start of the week. EUR/USD traded between 1.0580 and 1.0505 on Monday. On the charts, the bulls
Read more »
EUR/USD Price Analysis: Bears are lurking below 1.0550, eyes on a significant correctionEUR/USD has been rallying over the course of the winter months and into year-end. However, there are prospects of a bearish correction in the meantime
Read more »
EUR/USD steadies around 1.0550 as traders await German data, US inflationEUR/USD remains on the back foot around 1.0550, despite recent inaction, as markets await the US inflation data during early Tuesday. The major curren
Read more »