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8 Apr 2019

EUR/USD Technical Analysis: Upside remains capped around 1.1250

  • EUR/USD is extending the consolidative theme above 1.1200 the figure today, while it remains capped by recent higher in the 1.1250 area.
  • This area of resistance needs to be cleared to allow a potential visit to the critical hurdle at the 200-week SMA at 1.1337.
  • Further out, the bearish view on EUR/USD stays unchanged as long as the 6-month resistance line, today at 1.1376, caps the upside.

EUR/USD daily chart

 

Apr 8, 2019

European Monetary Union Sentix Investor Confidence above forecasts (-2.1) in April: Actual (-0.3)

European Monetary Union Sentix Investor Confidence above forecasts (-2.1) in April: Actual (-0.3)
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Apr 8, 2019

EUR/USD to remain steady around the ECB meeting – Danske Bank

Kristoffer Kjær Lomholt, senior analyst at Danske Bank, points out that the US jobs report on Friday failed to move EUR/USD despite a weak wage growth
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