CSFX Market News | Global Market Update

  EURSEK TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, EURSEK was trading in an up channel. EURSEK is currently trading above all SMA. RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 10.90000 the resistance level is at 10.94000 EURSEK was traded in an up channel before there is an upside breakout. EURSEK TECHNICAL ANALYSIS: DAILY CHART FULL REPORT VISIT US 

  EURUSD Technical Analysis: Weekly Chart In the weekly charts, EURUSD is trading in a down channel. EURUSD is currently trading below all SMA except MA (5). RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness. Its immediate support is 1.00600 the resistance level is at 1.01800 EURUSD will trade in a down channel until there is a trend reversal. EURUSD Technical Analysis: Daily Chart CLICK HERE FOR FULL REPORT 

  EURUSD: NEWS & TECHNICAL Euro slide as dollar marches higher After previously reaching a 24-year high versus the Japanese yen, the dollar gained momentum against the euro and pound on Thursday as investors prepared for higher U.S. interest rates and remained concerned about the state of the European economies. The pound struck a new two-and-a-half year low of $1.15545 down roughly 0.5% as the safe-haven dollar was boosted by swings away from riskier assets. The euro fell by 0.37% to just cling over parity versus the dollar at $1.10016. The U.S. dollar index, which compares the value of the dollar to a basket of other currencies, increased by 0.34 percent to 109.09, not far from the two-decade high of 109.48 reached on Monday. According to a poll, manufacturing output in the eurozone decreased for a second month in August, echoing a global decline in industrial activity. Despite a minor down this week, European energy prices are still quite high. EUR/USD TECHNICAL ANALYSIS: DA...