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4 Mar 2015
Falling volatility slowing EUR/USD decline – Kshitij Consultancy
FXStreet (Barcelona) - Analysts at Kshitij Consultancy, view that the low and falling volatility might slow the downslide towards 1.1045 for EUR/USD.
Key Quotes
“Yen and Pound could strengthen in the coming days/ weeks while the Euro and Aussie could weaken afresh. This is something to be watched thematically.”
“The Euro is seeing low and falling volatility within the overall downtrend that still targets 1.1045 while below 1.13. The low volatility is making the time taken to be longer than expected.”
“The previous low near 1.1114 needs to break as confirmation of further decline.”
Key Quotes
“Yen and Pound could strengthen in the coming days/ weeks while the Euro and Aussie could weaken afresh. This is something to be watched thematically.”
“The Euro is seeing low and falling volatility within the overall downtrend that still targets 1.1045 while below 1.13. The low volatility is making the time taken to be longer than expected.”
“The previous low near 1.1114 needs to break as confirmation of further decline.”