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EUR/USD

A wide trade surplus, originating mostly from German exports, means that funds are flowing into the euro area. When markets are calm, this influx pushes the common currency higher. However, the eurozone has its share of economic and political issues and speculation takes its toll.
The ECB will halve bond-buys to 30 billion euros from January 2018. However, it left the door open to extending the QE program beyond September, and this hurt the euro. A weaker euro makes exports more attractive and p…
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EUR/USD

Wishing all Dukascopy Community Members & Forum/Site Moderators a very Happy & Prosperous new year 2018

In the final trading day of 2017, EUR/USD very briefly touched just passed the 1.20 level before retiring down to the 1.199 level to usher in the new year 2018.
As the saying goes: When nothing happens, euro/dollar rises!...and the pair did exactly that.
Going into the 1st week of trading in 2018, there are a numbers of EZ market moving economic data:
1) EZ Manufacturing PMIs
2) Spanish Unemp…
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EUR/USD

The world's most popular currency pair has few periods of volatility in 2017 but during the year end long holidays season, the Euro rallied up to the 1.198-1.199 levels and stayed there to usher in the new year. The saying "When nothing happens, EUR/USD rises" is all so true!
So, big question on Traders mind is: Where will EUR/USD go in 2018?
That is a difficult question to answer with any certainty because of many factors in the Euro Zone and the United States geopolitical arena. For example: p…
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EUR/USD


An extension downward below the mentioned low should favor a decline towards the 1.1460 region a major resistance level all through 2015 and 2016.
In the months ahead, we should see EUR/USD in the 1.500 and below levels
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USD/JPY Forecast

110.70 was a separator of ranges in June and remains important, while 109.60 was a gap line in late April that was never closed.
The dollar is up across the board but not against the yen which is a bearish sign.
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megajorko avatar

There is a gap in Eur/USd which was not closed long ago and it is very far away (1.07 approximately) and I doubt the price will reach this level anytime soon :)

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Trading the EUR/USD


The above chart should be self explanatory in trading the EUR/USD post the ECB's Draghi plan for QE tapering in Oct 2017
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Muller avatar
Muller 16 Set

Thank you for analysis!

fx_lmcap avatar
fx_lmcap 17 Set

Good prediction!

RahmanSL avatar
RahmanSL 17 Set

Thank you @Muller for your and the other Community Members for supporting my Sep 2017 Article Contest .. https://www.dukascopy.com/fxcomm/fx-article-contest/?A-Simple-Trading-Plan&action=read&id=4054#read-article

Armands avatar
Armands 17 Set

Just did the blog post showing main EUR/USD levels for the next few days of the week. Thought you might be interested. :)

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EURUSD

Sell EUR/USD at 1.18046 SL: 0 Take Profit: 1.17965
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Yeva avatar
Yeva 24 Ago

Thank you !

Muller avatar
Muller 16 Set

Must reach the target, thank you!

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GBP/USD


Currently it is difficult to say what factors could push cable above 1.31 area, or, from another side - weaken the dollar to let GBP move above 1.31. Price action in recent weeks is not strongly bearish.
Despite volatility around elections, overall action looks rather gradual here.
Possible will range between 1.240 to 1.265 area through to next week.
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NZD/USD next week level


NZD has formed bullish grabber pattern suggesting a possible run up to 0.7579 levels in the medium term.
Next logical Pivot target is at 0.7678 area.
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RahmanSL 22 Giu

Thanks Vanui, Julia, Wind, Yuli, & Sharpsense for your support

ak10 avatar
ak10 18 Lug

It may touch your target, as you have predicted it is heading there.

RahmanSL avatar
RahmanSL 18 Lug

I think it will hit my target unless a miracle happen in the US political limbo and...yes...fiasco :)

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EUR/USD

The EUR/USD will probably stay mid-range for the short term until the French election on 7-May
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Hashimu 3 Mag

Superb and perfect

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