Tag Archives: EUR

Negative trades continue to control the movements of the euro-dollar pair, to start this week’s trading on a bearish slope, stable below the resistance level of the psychological barrier 1.1000. On the technical side today, and when looking closely at the 4-hour chart, we find that stochastic continues to provide …

The EUR/USD pair reached the first official target required to be achieved during the previous technical report, located at 1.1275, recording its highest level at 1.1275. On the technical side, the main resistance represented by the target 1.1275 was able to limit the bullish bias, which forced the pair to …

The euro-dollar pair continues to achieve gains within the gradual rise, as we expected, and currently hovering near its highest level during the morning trading of today’s session, at 1.1255. On the technical side, the pair was able to build on the support of the psychological barrier 1.1200, accompanied by …

As we expected, the single European currency continued its positive performance against the US dollar, touching the official target station located at 1.1245, recording its highest level at 1.1245 during the early trading of the current session. On the technical side today, by looking at the 4-hour chart, we find …

Remarkably positive trades dominated the movements of the euro-dollar pair within the positive technical outlook, as we expected during the previous report, touching the required targets at 1.1100, close by a few pips to the main target 1.1160, recording its highest level at 1.1148. Technically, and with a closer look …

The euro traded positively against the US dollar during the previous trading session after it confirmed the breach of the 1.0940 resistance level to start attacking the psychological barrier of 1.1000, recording its highest level at 1.1033. On the technical side today, and by looking closely at the 240-minute chart, …

As we expected, the single European currency declined significantly against the US dollar within the context of a gradual decline, approaching the target station 1.0800, recording its lowest level at 1.0830. From the angle of technical analysis, the euro-dollar pair found a good support floor around 1.0820, which managed to …

The Dow Jones Industrial Average witnessed good gains during the first trading of this week, recording its highest level at 34,689. Technically, we find the index achieving a clear consolidation above the strong support floor of 34,500, accompanied by the RSI’s attempts to gain more bullish momentum and the stochastic’s …

Quiet negative trading dominated the movements of the euro-dollar pair during the previous trading session in light of the US market holiday, and the pair’s moves are still stable below the main resistance, located at 1.0940. Technically, the 4-hour chart shows that the simple moving averages still constitute an obstacle …

Negative trading dominated the movements of the euro-dollar pair during the previous session’s trading, after it failed to breach the strong resistance level at 1.0940, Technically, when looking at the 240-minute chart today, we find that the simple moving averages have returned to pressure the price from above. The 50-day …