Mixed trading dominated the movements of the euro-dollar pair during the previous trading session, recording its highest level at 1.0497, after it managed to consolidate temporarily above the resistance level published during the previous analysis 1.0420, to return to decline quickly as a result of approaching the resistance level of …
Read More »Euro retesting support 28/11/2022
Quiet trading tended to be negative, dominating the movements of the euro-dollar pair at the end of last week’s trading during the Thanksgiving holiday, to witness the current movements of the euro-dollar stabilizing around the lowest level during the early trading of the current session 1.0350. Technically, by looking at …
Read More »Euro touches targets and positivity remains 24/11/2022
A positive trading session that witnessed the movements of the Euro-dollar pair within the expected bullish path during the last analysis, explaining that the breach to the upside and the consolidation above the resistance level of 1.0350 is a motivating factor that enhances the chances of touching our required target …
Read More »Euro: The return of positivity needs confirmation 23/11/2022
A downward trend dominated the movements of the Euro-dollar pair during the previous trading session within the expected downward track mentioned in the last report, approaching by a few points by the first target 1.0210, to suffice for recording its lowest level at 1.0222. Technically, and with a closer look …
Read More »Euro breaks support 22/11/2022
The EURUSD pair started its first weekly trading on a bearish slope, after finding a strong resistance level around 1.0400, below the strong demand point indicated at 1.0270, explaining that the decline below the mentioned level puts the pair under negative pressure; its first target is 1.0200, recording its lowest …
Read More »Euro is consolidating against Dollar 18/11/2022
For the second session in a row, the movements of the Euro-dollar pair did not witness a significant change within a limited bearish tendency that dominated the pair’s movements yesterday, to retest the support level of the psychological barrier 1.0300, maintaining the positive stability above. On the technical side, on …
Read More »Euro continues to try to rise 17/11/2022
The technical outlook is unchanged, and the euro’s movements did not change significantly, maintaining positive stability against the US dollar, stable above the strong demand area of 1.0280. On the technical side today, we find the Simple Moving Averages still supporting the upward curve of prices, motivated by the continuation …
Read More »Euro is testing support 16/11/2022
The single European currency achieved all our bullish targets during the previous report, reaching the final target at 1.0465 and recording its highest level at 1.0480. On the technical side, the pair found a strong resistance level around the level published yesterday 1.0465, which forced it to retreat to the …
Read More »Euro is trying to maintain the bullish path 15/11/2022
The movements of the euro against the US dollar did not witness any change during the first trading sessions of this week, and the pair continues to maintain positive stability, reaching its highest level yesterday, 1.0366. On the technical side today, the simple moving averages continue to support the daily …
Read More »Euro is back in competition 14/11/2022
The euro achieved strong gains against the US dollar at the end of last week’s trading, within the expected positive outlook, surpassing the required official target at 1.0290, recording the highest level at 1.0366. On the technical side, the simple moving averages still support the daily bullish curve in prices, …
Read More »