The euro-dollar pair touched the second bearish target during the previous trading session, 1.0800, recording its lowest level at 1.0802. On the technical side, the pair’s movements witnessed an upward rebound as a result of touching the support of the psychological barrier represented by the target 1.0800, to return positively, …
Read More »Euro is touching the bearish targets 23/8/2023
EURUSD failed to stabilize for a long time above the resistance level of the psychological barrier 1.0900, to return to negativity significantly during the previous trading session, within the expected bearish context in the last analysis, touching the first official target of 1.0840, recording its lowest level at 1.0833. Technically, …
Read More »Euro is retesting support 22/8/2023
After several successive sessions of decline, the euro-dollar pair started its daily trading on an upward slope, attempting to take advantage of the support level of 1.0885 to witness the current movements stabilizing around its highest level during the morning trading at 1.0915. Technically, by looking at the 4-hour chart, …
Read More »Euro is hovering around an critical correction 21/8/2023
The Eurodollar pair concluded its weekly trading on a bearish trend, recording its lowest level at the official target station at 1.0840, recording its lowest level at 1.0845. From the point of view of technical analysis today, the intraday trading of the euro against the US dollar is witnessing stability …
Read More »Euro is getting weak positive signals 18/8/2023
The single European currency continued its negative trading against the US dollar within the expected bearish context, gradually approaching the third expected target of 1.0840, recording its lowest level at 1.0855. On the technical side, the Euro found a good support ground around 1.0850, forcing it to achieve some limited …
Read More »Euro is completing the bearish directional movement 17/8/2023
Negative pressure is facing the euro-dollar pair within the expected bearish directional movement, touching the second official target to be achieved during the previous technical report, located at the price of 1.0885, recording its lowest level at 1.0861 during today’s morning trading. On the technical side today, and with a …
Read More »Euro is completing the bearish directional movement 17/8/2023
Negative pressure is facing the euro-dollar pair within the expected bearish directional movement, touching the second official target to be achieved during the previous technical report, located at the price of 1.0885, recording its lowest level at 1.0861 during today’s morning trading. On the technical side today, and with a …
Read More »Euro continues achieving bearish targets 15/8/2023
Noticeable declines dominated the Eurodollar pair within the bearish technical outlook, as we expected, in which we relied on breaking the support level at 1.0955, touching the first target at 1.0885, and recording its lowest level at 1.0874. On the technical side today, and with a closer look at the …
Read More »Euro starts negative 14/8/2023
Negative trades dominated the movements of the euro-dollar pair within the expected general bearish path, in which we relied on the stability of intraday trading below the 1.1000 level, and in general, below the main resistance of 1.1030, recording its lowest level during the morning trading of the current session …
Read More »Euro requires attention for upcoming movements 11/8/2023
After yesterday’s US data, there are limited positive attempts for the EUR/USD pair to test the 1.1030 resistance level, and the pair’s current movements are witnessing stability below the mentioned resistance. Technically, and looking closely at the 4-hour chart, we notice the conflicting technical signals. We noticed the 50-day simple …
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