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Will Euro Begin A New Down Trend?

The wave E was extended as the alternative showed. A strong candle down today is a break of the uptrend with a high in 1.2329. This need to be confirmed with to more waves down, as the active pattern require.Elliott Wave Analysis

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Euro Under Pressure on Month-End Flows

The euro continues to track equity markets and remains under pressure against the U.S. dollar Friday morning.The main issue affecting the euro this morning appears to be month-end flows, according to most currency strategists. The euro fell sharply during the European trading session, losing almost a cent. Heading into the North American session, the euro remains weak at 1.2661.Christian Lawrence, rates and FX strategist at RBC Capital Markets, said he is expecting the U.S. dollar to continue

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - Rabobank

!--TITOL: h1Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - RabobankFITITOL--FXstreet.com (Barcelona) - The Euro has been appreciating during the last three-weeks from 1.2880 low on April 22, reaching 1.3722 high on May 12, ever since, the Euro has weakened, reaching 1.3425 low so far on Monday, according to a href=http://www.rabobank.com/research/file/weekly/fmr_weekly.pdfRabobank/a, Euro weakness will prevail, driving the Euro to levels below 1.30 in one month time.br /br /The a href=http://www.rabobank.com/research/file/weekly/fmr_weekly.pdfRabobank/a weekly technical forecasts, advances the Euro-Dollar

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