Eur/usd - page 161
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EUR / USD moved higher on Thursday after finding support again near the barrier of 1.2680 (S1).
The rate remains within the range between the barrier and the psychological resistance of 1.3000 (R1).
At the short term trend is neutral but the overall picture remains negative.
The pricing structure remains in lower maximum and minimum moving averages below the 50 and 200 days.
Is expected a decisive fall below the 1.2860 line (S1) in the near future to make way for the main support zone of 1.2760 (S2).
EUR/USD Sep. 19 – Sliding from the highs as markets digest Scottish No
EUR/USD is ticking lower below resistance at 1.2920, sliding after the counter reaction to the FOMC dollar rally. Scotland voted against independence and this is also a sign of relief for Europe. The focus now returns to monetary policy divergence between the euro-zone and the US.
ECB's Coeure, Germany's Asmussen Seek German Tax Cuts
European Central Bank Executive Board Member Benoit Coeure and a Germany's Deputy Labor Minister Joerg Asmussen have urged Germany to cut taxes on wages and promote investment to revive the euro area economy.
In a jointly-authored opinion piece for the German daily Berliner Zeitung and the French financial newspaper Les Echos, Coeure and Asmussen said, "Germany can use some of its budgetary room of manoeuvre to support investment and reduce tax wedges, while preserving its sound fiscal position."
"In doing so, it would tackle some its own future economic challenges," they wrote in the article, also published on the ECB website on Friday.
Asmussen previously was a member of the ECB Executive Board and left the post late last year to join the German government's Labor Ministry. He co-authored the piece in personal capacity, the ECB said.
Germany should also boost competition and productivity in the domestic non-tradable sector, Coeure and Asmussen wrote. They pointed out that this have a positive impact on the country's growth prospects and make it less vulnerable to shocks affecting trade with non-euro area countries.
The policymakers asked countries who are lacking room for fiscal manoeuvre not to undo the progress made on fiscal consolidation and to aim for a more growth-friendly mix of fiscal policies by simultaneously cutting unproductive spending and distortionary taxes.
Europe must have a comprehensive economic strategy to deal with the weaknesses in both supply and demand in individual countries through a sound mix of monetary, fiscal and structural policies, Coeure and Asmussen said.
They urged France to consider reforms to boost employment and business investment, mainly by reducing barriers to entry in protected sectors and by eliminating the obstacles to the development of small and medium-sized enterprises.
source
Now I can expect to see 1.2750 next week
EUR/USD forecast for the week of September 22, 2014
The EUR/USD pair initially tried to rally during the course of the week, but found the 1.30 level to be far too resistive. With that being the case, the market continued to show weakness, and we broke down to the 1.2835 region. It’s just below there that the 1.28 handle shows significant support, and we believe that a bounce from that area could happen. However, if we get at least a daily close below that handle, we think that the market will then fall to the 1.25 level as Euro weakness continues.
source
EUR/USD Forecast Sep. 22-26
EUR/USD failed to recover, and eventually fell to a new 14 month low. Is this the pair set to continue declining? A speech by Mario Draghi, PMIs and an important German survey are the highlights. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD, now on lower ground.
The first installment of the ECB’s targeted loans (TLTROs) received a lukewarm reception, with a take up of only €82.6 billion. This was below all estimates and suggests that the ECB might have to implement a large ABS program or outright QE. The central bank can be marginally encouraged by an upwards revision in August’s headline inflation to 0.4%. However, business confidence dropped once again in Germany. In the US, the Fed kept its language regarding interest rates unchanged, but did lay out guidelines for exiting the stimulus and it now sees higher rates in 2015 on average. This gave a big boost to the dollar. Can this monetary policy convergence continue weighing on the euro?
* All times are GMT
EUR/USD weekly outlook: September 22 - 26
The euro fell to a fresh 14-month trough against the broadly stronger dollar on Friday as expectations that the Federal Reserve is moving closer to raising U.S. interest rates continued to bolster demand for the greenback.
EUR/USD was down 0.71% to 1.2830 in late trade, the lowest level since July 2013.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, ended Friday’s session up 0.63% to 84.93, the highest level since July 2013, capping its tenth consecutive week of gains.
The dollar has rallied in the past two months, boosted by expectations for an early hike in U.S. interest rates, while the European Central Bank looks likely to stick to a looser monetary policy stance.
On Wednesday the Fed offered fresh guidance on its plans tighten monetary policy, outlining in more detail how it will start to raise short term interest rates when the time comes.
The Fed statement reiterated that it expects rates to remain on hold for a "considerable time", after its bond purchasing program ends, while Chair Janet Yellen stressed that the timing of any change in interest rates is dependent on the strength of the economic recovery.
The Fed also cut its monthly asset purchase program by another $10 billion, keeping the program on track to finish next month.
The euro has remained under pressure against the dollar since the ECB unexpectedly cut rates to record lows across the euro zone earlier this month, and implemented fresh measures in an attempt to shore up inflation in the currency bloc.
On Thursday, euro area lenders borrowed less than expected from the ECB under its new low cost loan program.
The ECB said it allotted €82.6 billion to 255 bidders in its new Targeted Long Term Refinancing Operation, or TLTRO. That was well below the €100 to €150 billion predicted by analysts.
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1.2835 buy
:) 
I want to buy too but the weak momentum is worrying me, good luck
Flash Eurozone Consumer Sentiment Data Due On Monday
Euro Area consumer confidence and Italian industrial orders data are among a few economic data scheduled for release on Monday.
At 10 am ET, the European Commission is expected to release its preliminary consumer sentiment report. The consumer sentiment index is expected to come in at -10.5 in September following the -10 score in August.
At 4 am ET, Italian statistical office ISTAT is scheduled to release its industrial orders report for July. In June, industrial orders had dropped 2.5 percent year-over-year and 2.1 percent month-over-month.
At 9 am ET, European Central Bank President Mario Draghi is expected to speak to the European Union Parliament Committee in Brussels.