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Forex: EUR/USD: Euro picks up and reaches 1.3900 resistance

FXstreet.com (Barcelona) - The Euro is trying to shrug off recent weakness, and after bouncing at 1.3825 support, the Euro has risen to 1.3900 resistance level, and, at the moment of writing, the Euro trades at 1.3890.Despite the recent rebound, Jamie Saettele, technical analyst at DailyFX sees the Euro on a bearish trend while below 1.4181: There is no change to the bearish outlook. Staying below 1.4181 keeps the trend pointed down. The series of lower highs and

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EU Preview: Investors Question Recent Strength in Euro Ahead of ECB Meeting

Investors appear to be questioning the recent strength of the euro ahead of the European Central Bank's interest rate decision on Thursday, according to currency strategists.The euro remains under significant pressure following Friday's massive selloff. EUR/USD dropped more than 3 cents on Friday in what was the biggest one-day selloff in two months. According to some currency strategists, the capitulation in the cross provides some risk that markets are expecting the ECB to announce some quantitative easing

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Euro A Bullish Year Is Coming???

Euro a Bullish Year is Coming???A new year is very close, and all are waiting the first movements. The past week a strong correction put the pair 200 pips below the the starting point of the week. The firsts weeks of the year, mark an important support or resistance for all the year, and the trend for the same. The counting in the charts can help u

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RTFX Trend Indicator : USD/JPY Haussier, USD/CAD Baissier, AUD/USD Neutre.

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Sterling continues Bullish trend

FXstreet.com (Buenos Aires) - Bullish trend continues after due correction, and pair is approaching to yesterday?s high around 1.5350. Extension above that level could trigger bullish momentum in the pair, despite momentum in the hourly presents a bearish divergence.Bigger time frames also seem a bit exhausted yet, no other signs of reversal yet. Valeria Bednarik, collaborator at FXstreet.com said: ?Expect more gains in the pair, as long as price remains above the 20 SMA.?For more information, read our latest

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