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EUR/USD looks depressed ahead of Draghi – another drag?

November 7, 2017 Yohay Elam 0

EUR/USD is getting used to a lower range. While the moves are limited, the limits of the range are well-defined. The pair trades between support at 1.1575 and resistance at 1.1620. This is the lower end of the recent trading ranges. Why is the pair tra…

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EUR/USD: Add Shorts On Any Rally Into 1.17-1.18 – Nordea

November 6, 2017 Yohay Elam 0

EUR/USD is drifting lower, trading just under 1.6. What’s next? Here is a strategy from Nordea: Here is their view, courtesy of eFXnews: Nordea FX Strategy Research maintains its bearish EUR/USD outlook into year-end and recommends going short on…

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EUR/USD: October’s Right Shoulder Breakdown Targets 1.1320; Staying Short – BofAML

November 4, 2017 Yohay Elam 0

EUR/USD has been pressured to the downside, mostly due to the dollar’s strength. What’s next? The team at Bank of America Merrill Lynch examines the technical charts. Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch FX…

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