Negative trades dominated the pair’s movements within the negative technical outlook, as we expected during the previous technical report, heading towards the first target to be achieved at 1.0660, recording its lowest level at 1.0665. On the technical side, the pair tried to compensate for the losses during the Federal …
Read More »Euro touching target and hovering around a correction 7/2/2023
Negative trades dominated the movements of the euro-dollar during the first trading sessions of this week, within the expected negative outlook during the previous analysis, touching the official target station 1.0740, recording its lowest level at 1.0709. On the technical side today, by looking at the 240-minute chart, we find …
Read More »Euro could not hold against the dollar 6/2/2023
The single European currency declined significantly at the end of last week’s trading, as a result of the rise in the US dollar, after the US jobs data, which came out positively, better than market expectations. On the technical side, we indicated during the last report that the infiltration below …
Read More »Euro records significant gains ahead of the European Central Bank 2/2/2023
We adhered to intraday neutrality during the last report due to the conflicting technical signals, explaining that the condition for activating buying deals requires a breach of your psychological barrier 1.0900 for the pair to recover to target 1.0940 & 1.0970, reaching the official station 1.1030, recording its highest level …
Read More »Euro is pressing support and we are waiting for a stronger signal 31/1/2023
Quiet trades tended to be positive within the expected bullish track, for the EUR/USD pair to touch the first target achieved during the previous report at 1.090, recording its highest level at 1.0913. Technically, the pair found a strong resistance level around the psychological barrier 1.0900, and failed to stabilize …
Read More »Euro consolidating above support 30/1/2023
Negative trading dominates the movements of EURUSD due to stability below the resistance level of the psychological barrier 1.0900, which forced the pair to retreat marginally, to witness the current movements stabilizing around its lowest level during the morning trading of the current session 1.0865. Technically, and with a closer …
Read More »Euro maintains a quiet ascent 26/1/2023
A quiet, gradual rise dominates the movements of the EUR/USD pair within the expected bullish path, gradually approaching the official station targeted for the current wave of rise 1.0940, recording its highest level at 1.0924. On the technical side, the pair established a solid floor around 1.0835. The simple moving …
Read More »Euro retested support 25/1/2023
The technical outlook is unchanged, and the movements of the Euro-dollar pair did not undergo any significant change, including its success in achieving the idea of retesting the support published during the previous report at 1.0835, which forced it to rebound bullishly, and now hovering around the psychological barrier of …
Read More »Euro maintains the same technical conditions 24/1/2023
The Eurodollar pair continues its efforts to maintain the bullish context within a gradually ascending path to the upside, as we expected during the previous report, approaching the official target of 1.0940, recording its highest level at 1.0926. On the technical side today, we maintain the same technical conditions of …
Read More »Euro is gradually rising again 23/1/2023
The euro-dollar pair ended last week’s trading on a noticeable increase, and started today’s session’s trading as well, achieving significant gains within the expected general bullish path, to begin attacking the psychological barrier 1.0900, gradually approaching the target required to be achieved during the previous technical report at 1.0940, recording …
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