Forex Flash: EUR/USD back to bullish - TDS (Barcelona) - According to TD Securities Toronto based FX Research Team, the EUR/USD is “back on a bullish track,” the analysts say, as the pair is “trading well through the 40– and 200-day MA benchmarks again, further EUR gains are likely.” In case of retracing, “We look for strong support now on dips to the low/mid 1.29s and for the market to push up to the 1.31 area,” the team suggests.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.