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S&P 500 Falls as Omicron Clouds the Outlook, Double Top Pattern Signals Danger

The S&P 500 sinks at the start of the week amid fears that the omicron variant will curtail economic activity and slow the global recovery, hurting corporate earnings in the near term.

Euro Price Outlook: How Will the ECB Decision Impact EUR/USD?

Euro Price Outlook: How Will the ECB Decision Impact EUR/USD? 2021-07-21 22:00:00 Rich Dvorak, Analyst EUR/USD PRICE OUTLOOK: EURO AWAITS ECB DECISION FOLLOWING STRATEGY REVIEW EUR/USD edged higher during Wednesday’s session ahead of the ECB rate decision Euro price action could grow more turbulent judging by EUR/USDimplied volatility The European Central Bank is due to provide fresh guidance on its strategy review EUR/USD price action was propelled higher on Wednesday. The major currency pair likely benefited from broad US Dollar weakness thanks to fading covid concerns and improving market sentiment. EUR/JPY gained ground as well, but the Euro turned lower against most other FX peers with traders focused on event risk posed by the European Central Bank meeting this week.

Euro Price Forecast: EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD Key Levels

Euro Price Forecast: EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD Key Levels 2021-04-08 02:00:00 Daniel Moss, Analyst Euro Technical Analysis, EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD – Talking Points: EUR/USD could extend gains after breaching Falling Wedge resistance. EUR/JPY at risk of a reversal as prices carve out Double Top pattern. EUR/NZD eyeing a more extended rebound higher after hurdling key resistance. The under-fire Euro has sprung back to life in recent days and rebounded robustly against its major counterparts. While this dynamic looks set to continue against the higher-beta New Zealand Dollar, other funding currencies may regain lost ground in the coming days. Key levels to watch for EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD.

Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/GBP Levels to Watch

Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/GBP Levels to Watch 2020-12-18 06:00:00 Daniel Moss, Analyst Euro Technical Analysis, EUR/USD, EUR/JPY, EUR/GBP, IGCS – Talking Points: EUR/USD to extend climb higher after breaching Bull Flag resistance. EUR/JPY eyeing a push to fresh yearly highs as prices consolidate in a Bull Flag continuation pattern. EUR/GBP coiling up in Symmetrical Triangle. Is a topside break on the cards? Advertisement The Euro looks poised to gain ground against the US Dollar, Japanese Yen and British Pound in the near term. Here are the key technical levels to watch for EUR/USD, EUR/JPY and EUR/GBP rates.

Euro Technical Analysis: EUR/USD, EUR/JPY Battle at Big Resistance

Euro Technical Analysis: EUR/USD, EUR/JPY Battle at Big Resistance 2020-12-13 00:00:00 James Stanley, Senior Strategist Euro Technical Analysis: EUR/USD, EUR/JPY Battle at Big Resistance The Euro was in the spotlight for Thursday’s ECB rate decision. But both EUR/USD and EUR/JPY put in Dojis for the week after running into big areas of resistance. Euro Technical Analysis: Mixed (See below) This week brought the widely-watched ECB rate decision along with the expected increase in stimulus. Despite that additional stimulus announcement, the Euro gained in the immediate aftermath of the ECB. Those gains were unable to hold, and prices pulled back ahead of the weekly close.

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