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[HFblogNews]

Date : 1st September 2014

EURUSD TRADING NEAR ITS FRIDAY’S CLOSE. GERMAN FINAL GDP CAME OUT AS EXPECTED.

EURUSD dropped sharply on Friday and closed at 1.3131. The Unemployment Rate in the Euro area remained at 11.5 percent in July. The Retail Sales in Germany fell 1.4 percent on a monthly basis in July. Data from the United States revealed that the Consumer Sentiment Index rose to a level of 82.5 in July marking its 7 year high level. The biggest surprise on the market was the Chicago Fed PMI which came out at a reading of 64.3 in August. Market had expected a rise to a reading of 56.0.

Data released today indicated that the German Final GDP data came out in line with the market expectations at a reading of -0.2 percent.

The US banks will be closed today due to the observance of the Labor Day.

Support for the EURUSD is seen at 1.3118 and resistance is seen at 1.3217.

[HFblogNews]

[CENTER]Date : 28th October 2014

EURUSD TRADING NEAR THE 1.2700 LEVEL IN THE EUROPEAN SESSION. DATA FROM THE UNITED STATES DOMINATES THE ECONOMIC CALENDAR TODAY.

URUSD rose yesterday and closed at 1.2967. The European Central Bank reported that during the last week purchased 1.7 billion Euro worth of covered bonds. Data from Germany indicated that the German IFO Business Climate dropped to a level of 103.2 in October. The data from the United States followed the negative tone with the Pending Home Sales increasing less than the market expectations with a rise of 0.3 percent in September. The Flash Services PMI in the largest economy in the world also dropped to a level of 57.3 in October.

Investors are now looking forward for the Core Durable Goods Orders and the CB Consumer Confidence releases due from the United States later today.

Support for the EURUSD is seen at 1.2624 and resistance is seen at 1.2713.[/CENTER]

[HFblogNews]

Date : 29th October 2014

EURUSD REVERSED ITS GAINS AND CONSOLIDATES AHEAD OF THE FOMC STATEMENT.

EURUSD rose yesterday and closed at 1.2729. The United States dollar lost ground against its European counterpart after the Core Durable Goods Orders dropped -0.2 percent on a monthly basis in September. The Durable Goods Orders also recorded a drop of -1.3 percent on a monthly basis in September. However part of the losses were capped after the CB Consumer Confidence in the largest economy in the world hit a 7-year high level of 94.5 in October.

Investors are now looking forward for the Core Durable Goods Orders and the CB Consumer Confidence releases due from the United States later today.

Support for the EURUSD is seen at 1.2624 and resistance is seen at 1.2713.

[HFblogNews]

Date : 30th October 2014

EURUSD DROPPED SHARPLY AFTER THE FOMC STATEMENT. SERIES OF HIGH IMPACT US RELEASES ON TAP TODAY.

EURUSD dropped yesterday and closed at 1.2635. During its monthly monetary policy meeting the United States Federal Reserve agreed to end its asset-purchase program. Fed kept its benchmark interest rate unchanged at 0.25 percent, but stated that if the US economy improves faster than expected the first rate hike might come sooner than expected.

The European Central Bank revealed in its quarterly bank lending survey that the banks in the Eurozone had eased the loan standards to the private sector in the 3rd quarter of 2014.

Investors are now looking forward for the Advance GDP data, the Unemployment Claims and the speech of the Fed Chair Janet Yellen due from the United States later today.

Support for the EURUSD is seen at 1.2565 and resistance is seen at 1.2667.

[rohmatul]

Its great information guys..
It seems that EUR/USD will going downtrend. Hurry up for all trader to open SELL..

[HFblogNews]

Date : 1st November 2014

EURUSD HOLDS BELOW THE 1.2500 LEVEL IN THE EUROPEAN SESSION.

EURUSD dropped on Friday and closed at 1.2523. The Retail Sales in the Germany dropped 3.2 percent on a monthly basis in September. The Consumer Price Index in the Eurozone matched the market expectations coming at a reading of 0.4 percent on an annual basis in October. The Unemployment Level remained unchanged at 11.5 percent in September. Data from the United States revealed that the US Michigan Consumer Sentiment rose to a level of 86.9 in October.

Investors are now looking forward for the ISM Manufacturing PMI data due from the United States later today.

Support for the EURUSD is seen at 1.2459 and resistance is seen at 1.2585.



Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.

[HFblogNews]

Date : 4th November 2014

EURUSD CONSOLIDATES IN THE EUROPEAN SESSION. US TRADE BALANCE DATA ON TAP.

EURUSD dropped yesterday and closed at 1.2481. The Final Manufacturing PMI in the Eurozone came out at a reading of 50.6 in October. The European Central Bank Governing Council Member Ewald Nowotny stated in an interview for a newspaper that the ECB needs to be cautious about buying government bonds from the European countries.

Data from the United States supported the US dollar strength. The ISM Manufacturing PMI rose to a level of 59.0 in October. On the other hand the Construction Spending dropped to a reading of -0.4 percent in September. The ISM Manufacturing Prices also registered a drop coming at a reading of 53.5 in September.

Investors are now looking forward for the US Trade Balance data.

Support for the EURUSD is seen at 1.2459 and resistance is seen at 1.2585.



Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.

[HFblogNews]

Date : 5th November 2014

EURUSD SLIPPED BELOW THE 1.2500 LEVEL IN THE EUROPEAN SESSION. ISM NON-MANUFACTURING PMI FROM THE UNITED STATES ON TAP.

EURUSD rose yesterday and closed at 1.2544. The European Commission downgraded the economic growth projections for the Eurozone to 0.8 percent for 2014 and 1.1 percent for 2015 from the previous 1.2 and 1.7 percent for the same periods citing the slowdown in the global economy. The inflation forecast for the Eurozone was also lowered to 0.8 percent for 2015 and 1.5 percent for 2016.

The US dollar lost ground after worse than expected Factory Orders report. In September the factory orders in the largest economy of the world dropped 0.6 percent.

A report indicated that the ADP Non-Farm Employment Change in the United States rose to a reading of 230K in October. Market had expected a drop to 214K. Investors are now looking forward for the ISM Non-Manufacturing PMI due from the United States later today.

Support for the EURUSD is seen at 1.2459 and resistance is seen at 1.2585.



Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
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[HFblogNews]

Date : 6th November 2014

EURUSD TRADING HIGHER AHEAD OF THE ECB MINIMUM BID RATE DECISION AND PRESS CONFERENCE.

EURUSD dropped yesterday and closed at 1.2485. The Retail Sales in the Eurozone dropped to a reading of -1.3 percent on a monthly basis in September. The Final Services in the EU slowed down to a level of 52.3 in October.

In the United States the Republicans gained control over the US senate for a first time since 2006 during the midterm 2014 elections.

In the economic news the US ISM Non-Manufacturing PMI dropped to a level of 57.1 in October. On the other hand the ADP Non-Farm Employment Change came out better than the market expectations at a reading of 230K in October.

Investors are now looking forward for the ECB Minimum Bid Rate Decision and the ECB Press Conference due from the Europe and the Unemployment Claims report due from the United States. Depending on the outcome of the releases we might witness high volatility on the market and investors should be fully aware of that.

Support for the EURUSD is seen at 1.2459 and resistance is seen at 1.2585.



Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.

[HFblogNews]

Date : 7th November 2014

EURUSD PUSHED BELOW THE 1.2400 LEVEL AFTER THE ECB PRESS CONFERENCE. US NON-FARM PAYROLLS REPORT ON TAP.

EURUSD dropped sharply yesterday and closed at 1.2374. The President of the European Central Bank Mario Draghi indicated yesterday that the policymakers are preparing additional stimulus measures to inject liquidity in the economy of the Eurozone if needed. ECB maintained its Minimum Bid Rate at 0.05 percent in line with the market expectations.

Data released from the United States indicated that the number of people claiming initial unemployment benefits dropped to 278K during the last week. The President of the United States Federal Reserve in Cleveland Loretta Mester anticipated a rise in the interest in the largest economy in the world to come sometime in 2015, citing the stable inflation.

Investors are now focused on the outcome of the US Non-Farm Payrolls report and the Unemployment Rate data. Later today the President of the United States Federal Reserve Janet Yellen speaks at the Bank of France’s Symposium “Central Banking: The Way Forward?,” in Paris.

Support for the EURUSD is seen at 1.2368 and resistance is seen at 1.2563.



Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.