Euro Dollar: Currency traders and febrile await U.S. jobs Wednesday, June 30, 2010 at 11:59

The sense of caution prevails on the currency pair euro / dollar this morning, in a very unfavorable for taking risks on the foreign exchange market. Equity markets, true representatives of the family assets at risk, continue to shake the hand and operators of the Atlantic, in a tense situation on the issue of public debts of a number of member countries Euro Zone. Furthermore, traders are taking a cautious approach to the publication at 14.15's investigation firm ADP on the health of the U.S. labor market before the official figures on the weekend.

Around 11:50, the spot EURUSD is approximately 1.2260.

On the macroeconomic side, traders will learn about the survey on employment within the meaning of American private practice in human resources ADP at 14.15, the Chicago PMI index to 1545 and reports weekly U.S. oil inventories at 16:30. (Paris time)
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Euro Dollar : L'Euro flanche avec les marchés actions Mardi 29 juin 2010 à 11:34

Euro frankly off again down this morning, traders clearly playing the card of confidence in a context of depressed market on both sides of the Atlantic. The prospect of a technical rebound in European equity markets is also rejected this morning on the French market, which leaves around 11:00 am near 2.50%. Operators are now waiting eagerly awaited febrile U.S. employment figures provided for the weekend. They have a preview on Wednesday with the survey on employment by the private firm in human resources ADP.

Around 11:10, the spot EURUSD is approximately 1.2200.

From a graphical perspective, the lively downward acceleration of the observable cross this morning, should be followed by a legitimate phase of consolidation to around 1.2200. An episode similar to that observed last night, and that is not conducive to short-term stance on the currency pair ...

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Euro Dollar: Euro steady after G20 Monday, June 28, 2010 at 11:20

The Euro continues to draw its continuous oscillations in narrow ranges against the dollar at close of 1.2400, a low volatility despite the end of the meeting of the G20 summit held in Toronto this weekend . Note that the statement is extremely consensual, does not contain any concrete cutting and austerity policies carried out in a number of developed countries to resolve the thorny problem of debt.

Around 11:00, the spot EURUSD is approximately 1.2370.

From a graphic point of view, cross, who has joined moving average at 20 days (depicted in dark blue for schedule) continues its consolidation phase flat in a horizontal range between 1.2345 and 1.2400. Our analysts anticipate a continuation for the time of "pause" between these two levels during the next hours.

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Euro Dollar: depressed equity markets, the Euro toasts Friday, June 25, 2010 at 10:43

Euro lags easing bias this morning in the wake of the negative direction of the main European and U.S. equity markets. Technical analysis also gives important clues about the potential still important for clearance to come to this asset class risk, and this morning the CAC 40 and the Dax are still unable to register the beginning of a rebound technique. This situation penalizes the Euro on the foreign exchange market, currency traders prefer to opt for safe-haven assets, in primis the greenback.

Around 10:30, the spot EURUSD is approximately 1.2310.

From a graphical perspective, the timid rebound which began on June 23 showed its limits. The movement of exhaustion observed around the moving average 100 hours (drawn to orange zone) will allow traders to contemplate the return of pressure vendors. A goal will be close to 1.2210 in the viewfinder of operators.

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Euro Dollar: New Releases for the Euro Thursday, June 24, 2010 at 11:01

The euro weakened this morning in a very unfavorable equity markets on both sides of the Atlantic. The single currency had yet demonstrated yesterday in the wake of resistance from the status quo of the Central American Bank. A decision with comments extremely cautious about growth prospects across the Atlantic, in rejecting the possibility of further engagement of a new bull cycle on rates.

Around 10:55, the spot EURUSD is approximately 1.2275.

From a graphical perspective, the moving average 100 hours (in orange for schedule) was clearly deflected downward and the spotlight finds himself unable to draw new 'highest'. Figure drawn from 15 June to encourage dealers to schedule vendor board on the single currency in the short term. They will target an area close to 1.2168
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Euro Dollar: The appetite for risk declines Wednesday, June 23, 2010 at 11:14

The euro stabilized against the dollar this morning after suffering reflux attributable to rollover short-term observable market shares, leading the family of so-called risk assets. Yesterday clearances intensified on Wall Street, in the wake of the publication of a decline in existing home resales. According to the National Association of Realtors (NAR), slightly more than 5.66 million houses and apartments have changed hands last month against 5.79 million (revised up) in April. The gauge of risk appetite is for now on the decline, and traders will draw conclusions as to their trading plan on the Euro / Dollar.

Around 11:00, the spot EURUSD is approximately 1.2280.

From a graphical perspective, the view schedule gives us only very few readable information, both in terms of reading combinations of candles on the recognition of figures of chartists. We prefer these conditions are not conducive to the position short term, stay out of the market on this currency pair.
On the macroeconomic side, traders will learn about the nine U.S. home sales at 16:00, the weekly report on petroleum inventories at 16:30. Finally, we will know the outcome of the meeting of the Monetary Policy Committee of the Fed / FOMC at 20:15. (Paris time)


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Euro Dollar: The decline of the euro still relevant Tuesday, June 22, 2010 at 11:42

The announcement by the Chinese regime to a relaxation of its currency regime will not allow the European currency to stabilize the $ 1.24. The medium term trend remains bearish and the corrective movement started yesterday should continue. The fiscal position of a number of European countries still worried operators and the prospect of economic recovery on the Old Continent is not currently the preferred option for investors.

Around 11:20, the spot is approximately 1.2300.

From a graphical point of view, our opinion on the EUR USD has not changed. We are still bearish medium-term direction of 1.2145 or even 1.1877 until 1.2672 are not exceeded. In given time, the upward sloping black was visible down as we had expected yesterday morning.
In the short term, as long as 1.2353 are not exceeded on a return 1.2242 is expected, should it not stand the cross should move to 1.2145, consistent with our primary objective medium term.
In this context, the team Tradingsat.com delivers a negative opinion for the next few hours and offers traders to initiate short positions in the Euro / Dollar 1.2242 targeting, while placing stop loss at- above 1.2354.

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