Tag Archives: EUR

Narrow sideways movements still dominate the performance of the EUR/USD pair, finding the movements confined from below the support level of 1.0945 and above the resistance level of the psychological barrier 1.1000. On the technical side today, and with a close look at the 4-hour chart, we find the simple …

Yesterday’s session witnessed the positive movements of the Euro-dollar pair, as we expected, heading to touch the first target published during the previous technical report, at 1.1040, to record its highest level at 1.1067. Technically, we continue to suggest the daily bullish direction, relying on the intraday stability above the …

Positive trades dominated the euro-dollar pair to reflect the expected bearish trend during the previous analysis, benefiting from the decline of the US dollar after the appearance of US inflation data. As a reminder, we indicated that closing above the resistance level of 1.0925 can postpone the suggested bearish scenario …

Narrow sideways trading dominated the movements of the EUR/USD pair within a bullish path to retest the strong resistance level published during the previous analysis at 1.0920, unable to be breached until now. On the technical side today, the pair’s movements did not show any significant change, and by looking …

Quiet movements dominated the eurodollar pair during the first trading of this week, within the expected bearish context during the previous technical analysis, during which we indicated that there is a possibility of a bearish bias, targeting 1.0870, for the pair to reach the required target at 1.0830. On the …

Quiet trading dominated the movements of the EUR/USD pair. No significant change appeared within a limited bearish bias due to the negative pressure after touching the resistance level of 1.0965, to witness the current movements stabilizing above the psychological barrier of 1.0900. On the technical side today, negative signs started …

The Euro-dollar pair was able to trade positively during the previous trading session within the expected positive outlook during the last technical report, touching the first target to be achieved at 1.0965, recording its highest level at 1.0973. Technically, and by looking at the chart, the simple moving averages continue …

The Euro tried to maintain the main bullish trend during the first trading of this week, explaining during the previous report that the price remaining above 1.0800 stimulates the price to retest 1.0920, recording its highest level at 1.0925. Technically, the Euro has stabilised above the 50-day simple moving average, …

The single European currency showed movements within a bearish bias due to the clash with the resistance level of 1.0920, which forced the pair to retest 1.0820, which concluded last week’s trading above the mentioned support level. Technically, and looking at the 4-hour chart, we find that the 50-day SMA …

Mixed trades tended to be negative, dominating the movements of the euro-dollar pair within the attempts to recover the euro against the US dollar, recording its highest level at 1.0840, heading towards a decline quickly to activate the bearish scenario, explaining that the decline below 1.0785 is capable of postponing …