The EUR/USD is in a stronger downtrend which will probably extend lower even though it is now a little oversold.
October 25,2016
The EUR/USD pair probed below the 1.1000 level, following the European Central Bank (ECB) rate-setting meeting on Thursday, after it was suggested the central bank’s monetary easing programme might be extended or tweaked in December.
October 22,2016
The EUR/USD exchange rate has fallen of late with analysts at Credit Suisse pointing the blame at the impending European Central Bank meeting.
November 2,2016
Euro finally breaks down but alights on rhino-skin support and event risk extremely high this week with many major releases, so rebound a possibility.
October 18,2016
A positive outlook for the German and Eurozone economies has not been not enough to overcome dollar strength and the EUR/USD keeps on falling.
October 12,2016
The Euro continues to enjoy an upside bias and charts show price-action underpinned by a considerable band of support.
October 11,2016
Concerns about instability in the banking system could lead to a fall in the euro, although it remains remarkably resilient so far given Deutsche Bank’s travails.
October 4,2016
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