EUR/USD Forecast Dec. 28, Jan. 1 and December 10 - General

deresel 2015.12.25 20:49 #3701

Ho-ho-ho! Merry Christmas! According to Deutsche Bank in the 2006 the rates will go to 0.9500.

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Ari Goldman 2015.12.26 14:47 #3702

Sell the rumor, buy the news.

deresel 2015.12.27 08:24 #3703

Credit Agricole: Sell EUR / USD with a growth of over $ 1.10

thenews 2015.12.27 15:58 #3704

EUR/USD Forecast Dec. 28 – Jan. 1 EUR/USD gained some ground ahead of the Christmas holiday and edged closer to 1.10. The last week of the year features two figures. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD.

Spain’s elections resulted in a hung parliament and this stirred some worries, worries that support the euro on safe haven flows. However, some of the moves are related to end-of-year action. In the US, we learned that final GDP is 2% in Q3, within expectations. Housing disappointed while durable goods orders were OK.

Updates:

Spanish Flash CPI: Wednesday, 8:00. The euro-zone’s fourth largest economy has seen significant growth and also significant inflation. Prices fell 0.3% in November y/y and now we gets preliminary data for December. A rise of 0.1% is expected.
Monetary data: Wednesday, 9:00. The ECB’s loose monetary policy is making its way into the system via money supply and more private loans. The former has risen 5.3% y/y and 5.2% is now on the cards. The latter saw 1.2% and 1.3% is on the cards now.

* All times are GMT

source

Consumer Credit - USA Durable Goods Orders - Gross Domestic Product -

deresel 2015.12.28 07:33 #3705

I think it's time for shorts. TP - 1.0720.

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Veselka Nikolova 2015.12.28 08:49 #3706

Euro/dollar was hesitant last week. Signals are neutral in the short term, probably with slight bullish signals for testing 1.1060. A clear break and daily close above that level could trigger further bullish pressure testing the trend line resistance at 1.1150 - 1.1180, which is a good place for a short position with tight stop loss.

Parabolic SAR - Trend Parabolic SAR - Trend Parabolic SAR - Trend

abdulaziz 2015.12.28 15:40 #3707

The EUR/USD tried to climb today but rebound from Fibonacci 1.0993 and i see no interesting news this week. Strong buy in the market today.

sherif 2015.12.28 17:28 #3708

EUR/USD is trading around the open price I think it is normal as it is still the holiday season I doubt much volatility will be on the pair

Veselka Nikolova 2015.12.29 06:21 #3709

The single currency remained practically unchanged against the US dollar at a level of 1.0965. The graphics continued to develop above the moving averages, while the index of relative strength remained at neutral territory. The peak was reached at 1.0992 and the bottom at 1.0958. The outlook remains positive, as an immediate target are levels at 1.0975.

Relative Strength Index - Relative Strength Index - Relative Strength Index -

thenews 2015.12.29 08:14 #3710

Factory Confidence in Italy Falls More Than Expected Confidence in the Italian manufacturing sector surprisingly showed a less optimistic mood in December, the country's statistical office (ISTAT) announced on Tuesday.

The Manufacturing Confidence Index fell to 104.1 points in December, from a revised 104.4 booked a month ago. Analysts had forecast 104.4 points.

However, the index has now remained above the 100 threshold for the eleventh successive month.

Manufacturing in Italy is the most important sub-sector within the industry. The country's manufacturing is specialized in high-quality goods and is mainly run by small- and medium-sized enterprises. The index is a survey of current manufacturing conditions in Italy and indicates the performance of the sector in the short term.

The manufacturing confidence is a survey of the current manufacturing conditions in Italy, and it indicates the performance of the sector in a short-term period.

Eur/usd - page 371