Tag Archives: EUR

The EUR/USD pair was able to achieve the first bearish target published during the previous report at 1.0775, relying on the confirmation of the pair breaking 1.0600, recording its lowest level at 1.0575. Technically, and by looking closely at the 4-hour chart, we find that the pair is now hovering …

Positive trades dominated the movements of the EURUSD during the previous trading session, building on the support of the psychological barrier 1.0600, recording its highest level at 1.0691. On the technical side today, and by looking closely at the 240-minute chart, we find that the euro is trying to consolidate …

The euro fluctuated significantly during the previous trading session, within the expected technical outlook, touching the first target to be achieved at 1.0570, recording its lowest level at 1.0575. On the technical side today, EURUSD is trading intraday below the previously broken support level at 1.0630, accompanied by the negative …

Negative trading dominated the movements of the EURUSD pair during the previous trading session, within the expected bearish context in the last technical report, touching the first target of 1.0630, recording its lowest level near the psychological barrier of 1.0600. On the technical side today, and with a closer look …

The technical outlook remains unchanged, and the movements of the Euro-dollar pair did not change, within a sideways path between 1.0630 and above 1.0700. Technically, today, the euro-dollar pair is still stable below the resistance level of the psychological barrier 1.0700. However, upon closer look at the 240-minute chart, we …

Quiet trading dominated the movements of the EURUSD at the beginning of this week amid the absence of economic indicators, in addition to the holiday in the US markets yesterday, which led to a decline in trading volumes. Technically, today, the EUR/USD pair started trading on a negative note and …

The single European currency declined significantly against the US dollar, within the downside track, as we expected during the previous technical report, touching the first target to be achieved at 1.0680, to record its lowest level at 1.0660. On the technical side today, we find the EUR/USD pair achieved some …

We adhered to intraday neutrality during the previous report due to the conflicting technical signals, explaining that the 1.0745 level represents one of the most important keys to the direction, explaining that the 60-minute candle sticking above the mentioned level might push the Euro-dollar pair to visit 1.0780, to record …

The single European currency started its daily trading on an upward rebound, taking advantage of the support floor posted last Friday at 1.0655, which forced the price to form an upward bias. As a result, the pair now hovers around its highest level during the early trading of the current …

Sideways trading tended to be negative, as the movements of EUR/USD were confined between the support of the psychological barrier of 1.0700 and the resistance level of 1.0800/1.0780. Technically, we tend to be negative in our trading, relying on the continuation of the pair obtaining negative pressure from the simple …