The EUR/USD pair traded within a narrow sideways range during the previous session, with limited attempts to generate short-term gains amid subdued momentum. From a technical perspective, the 4-hour (240-minute) chart shows the pair continuing to trade below the 50-period simple moving average, which is acting as a firm resistance …
Read More »Euro weakens as Dollar gains ground 15/5/2025
The euro is facing renewed intraday selling pressure as the U.S. dollar attempts to stage a modest rebound. From a technical standpoint, the 4-hour (240-minute) chart shows the pair trading below the 50-period simple moving average, which is acting as strong resistance near the 1.1250 level. Additionally, the Relative Strength …
Read More »Euro is trying to find a bottom 16/4/2025
The key support level highlighted in the previous report at 1.1260 successfully halted the recent bearish pressure, triggering a bullish rebound in line with the expected positive scenario. The EUR/USD pair is currently trading around 1.1335. From a technical standpoint, the euro appears to have established a solid base near …
Read More »The Euro benefits from momentum indicators 15/4/2025
The EUR/USD pair remains confined within a narrow sideways range, with a slight bearish bias, after touching a recent low of 1.1296 in the previous session. From a technical standpoint, the 4-hour chart shows the Relative Strength Index (RSI) beginning to ease out of oversold conditions, suggesting a potential shift …
Read More »Euro jumps against USD 3/4/2025
The euro made a notable intraday rally against the US dollar in the previous trading session, reaching a peak of 1.0924. From a technical standpoint, the 4-hour chart shows a bullish signal supported by the 50-period simple moving average, which is acting as a positive catalyst. This comes as the …
Read More »Euro is facing strong resistance 19/3/2025
The euro continues to exhibit positive stability against the US dollar, aligning with the expected outlook after reaching the official target level of 1.0945 in the latest technical report, recording a high of 1.0954. From a technical perspective, the 4-hour chart indicates that the euro is encountering key resistance between …
Read More »Euro continues its gradual rise 13/3/2025
The EUR/USD pair successfully reached the first target outlined in the previous technical report at 1.0940, recording a high of 1.0945. Technical Analysis Looking at the 4-hour chart, the pair has established strong support at 1.0830, corresponding to the 61.80% Fibonacci retracement level. Additionally, the Stochastic indicator continues to gain …
Read More »Euro tries to build on support 11/3/2025
In the previous trading session, the euro traded in a narrow range as it worked to sustain its upward trend. On the 4‑hour chart, the pair remains supported above its 50‑day simple moving average, which is contributing to the current bullish momentum. The euro is also showing efforts to establish …
Read More »Euro extends gains 7/3/2025
The Euro extended its gains during the previous trading session, surpassing the target of 1.0715 and reaching a high of 1.0853. Technical Outlook Bullish Support: On the 4-hour chart, the simple moving averages continue to support the daily upward trend. Intraday trading remains stable above the resistance level of 1.0715—now …
Read More »Euro touches desired targets 5/3/2025
The US dollar against the US dollar reached the expected target path in the previous report, hitting its official target at 1.0540 and recording 1.0600 at the time of this report. From today’s technical perspective, on the 4-hour chart the simple moving averages continue to provide positive momentum, while the …
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