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Euro/Dollar Expected Fall to 1.1168/70 in First Half of Day

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD 1H Yesterday’s Trading: A fall in the oil and stock indices has facilitated a fall in the dollar/yen to 114.20 and a rise of gold to $1,200 per troy ounce. The euro has strengthened against the dollar to 1.1215. The rate rose to 1.1237 in Asia. The markets are closed for a week in China. Falling oil prices as more reserve reports are set to come out is putting pressure on the stock markets and bonds. The market is in a turbulent zone. The Nikkei 225 has fallen 5% this morning. Main news

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