EUR/USD Morning Technical Report 1/12/2015

ecPulse
2015-12-01 09:59AM UTC

December trading started with bullish attempts on EURUSD, but still movements are capped by moving averages and below the main resistance.

ADX shows positive signal and also RSI, which contradicts with the stability below moving averages.

 

We will be neutral until a new signal appears; noting that, a break above 1.0605 and 1.0570 are important levels for intraday trading.

Forex and Currency News

Forex News

Forex

Dollar moves in negative zone ahead of Fed remarks
2024-05-13 11:52AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
EUR/USD news

Forex

Euro advances towards three-week highs amid cautious trading
2024-05-13 08:51AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
USD/CAD news

Forex

Loonie edges up after monthly employment data
2024-05-10 15:49PM UTC
The Canadian dollar rose against most major rivals following monthly jobs data which revealed solid ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 13-05-2024
2024-05-13 10:37AM UTC
GBPUSD Expected Scenario The GBPUSD price shows sideways trades since morning, thus, no ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 13-05-2024
2024-05-13 10:37AM UTC
EURUSD Expected Scenario The EURUSD price trades positively now to approach testing the ...
Technical Analysis

Forex

The GBPCAD leans above the moving average – Forecast today – 13-5-2024
2024-05-13 05:37AM UTC
GBPCAD Price Analysis Expected Scenario The GBPCAD price succeeded to face the temporary ...