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EUR/USD Closes Up 66 Pips And Levels to Watch Next Week September 3rd 2012
The Euro spent most of last week ignoring important news releases and instead focusing on central bankers and their thoughts/speeches. ECB’s President Mario Draghi made an appeal to the german public in an opinion piece written in the Weekly Die Zeit. In it, he tried to make a case for what we called “exceptional measures”. […]
Read Some MoreEUR/USD Gains +159 Pips Driven By ECB Rumors And Levels to Watch Next Week 27th August 2012
The EUR/USD keeps slowly edging up after making a swing low a month ago. The pair opened at 1.2351 and finished the week 159 pips higher, closing at 1.2510. The main movers for the Euro pairs this week have been a couple of rumors concerning the ECB. The German weekly Der Spiegel and U.K.’s Telegraph […]
Read Some MoreEuro Stuck In Tight Range, Aussie Closes Down And Levels to Watch for Next Week 20 August 2012
The EUR/USD pair spent last week trading in a tight 129 pips range, moving back and forth between a low of 1.2255 and a high of 1.2384. Just to give a perspective of how small of a range this is, its 2 times smaller then the average range of the past 14 weeks which currently […]
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