EUR/USD News (Euro US Dollar)


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Nevertheless, headlines indicating that the UK and the EU reached an agreement sent Pound skyrocketing, dragging the EUR alongside. The positive momentum was later supported by rallying US equities, which opened firmly higher on the back of solid earnings reports, although indexes trimmed most of its intraday gains ahead of the close.

Data released this Thursday failed to impress, as EU´s August Construction Output declined by 0.46% monthly basis, slightly better than the -0.80% expected. The annual advance resulted at 1.2%, much worse than the 2.6% forecasted. In the US, Housing Starts plummeted 9.4% in September, while Building Permits declined by 2.7%. Initial Jobless Claims for the week ended October 11 resulted in 214K, better than the 215K expected, while September Industrial Production and Capacity Utilization missed the market’s expectations. This Friday, the EU will release its August Current Account, while in the US, several Fed officials are scheduled to speak.

EUR/USD

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EUR/USD: Bearish lower highs setup invalidated

EUR/USD closed well above Sept. 13's high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has violated a bearish lower highs setup. 

EUR/USD News

EUR/USD: Bearish lower highs setup invalidated

EUR/USD closed well above Sept. 13's high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has violated a bearish lower highs setup. 

EUR/USD News

EUR/USD: Bearish lower highs setup invalidated

EUR/USD closed well above Sept. 13's high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has violated a bearish lower highs setup. 

EUR/USD News

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EUR/USD: Bearish lower highs setup invalidated

EUR/USD closed well above Sept. 13's high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has violated a bearish lower highs setup. 

EUR/USD News

EUR/USD: Bearish lower highs setup invalidated

EUR/USD closed well above Sept. 13's high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has violated a bearish lower highs setup. 

EUR/USD News

EUR/USD: Bearish lower highs setup invalidated

EUR/USD closed well above Sept. 13's high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has violated a bearish lower highs setup. 

EUR/USD News

EUR/USD: Bearish lower highs setup invalidated

EUR/USD closed well above Sept. 13's high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has violated a bearish lower highs setup. 

EUR/USD News

EUR/USD: Bearish lower highs setup invalidated

EUR/USD closed well above Sept. 13's high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has violated a bearish lower highs setup. 

EUR/USD News

EUR/USD: Bearish lower highs setup invalidated

EUR/USD closed well above Sept. 13's high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has violated a bearish lower highs setup. 

EUR/USD News

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