Quiet trading dominated the movements of the Euro against the US dollar within the idea of retesting the resistance, as we expected yesterday, touching the target of the first retest 1.0200, recording the highest level at 1.0203. Technically, and by looking at the chart, we find the intraday movements of …
Read More »Euro between trend and minor correction 17/8/2022
The euro against the US dollar continues to decline within the expected negative outlook during the previous analysis, approaching a few points from the official station that is required to be touched at 1.0100, recording its lowest level in the last trading session at 1.0120. Technically, the pair’s intraday movements …
Read More »Euro confirms breaking the support 16/8/2022
The euro started its first weekly trading with a noticeable decline against the US dollar after it found a pivotal resistance level of 1.0350 that forced it to decline, confirming the breach of 1.0275, and then 1.0200, recording its lowest level yesterday at 1.0147. Technically and carefully looking at the …
Read More »Euro settled below resistance 12/8/2022
The positive attempts of the euro against the US dollar continue, and the positivity is still limited, to find the pair unable to consolidate above the strong resistance level at 1.0350, which constitutes the key to protecting the bearish trend. Technically, we are inclined towards a bearish bias in the …
Read More »Euro settled below resistance 12/8/2022
The positive attempts of the euro against the US dollar continue, and the positivity is still limited, to find the pair unable to consolidate above the strong resistance level at 1.0350, which constitutes the key to protecting the bearish trend. Technically, we are inclined towards a bearish bias in the …
Read More »Euro faces strong resistance 10/8/2022
We adhered to intraday neutrality during the previous session due to the conflicting technical signals to see the euro challenging to surpass the minor resistance level published during the last report represented by the price of 1.0240, which limited the bullish bias. Technically, signs of negativity began to appear on …
Read More »Euro is waiting for direction 9/8/2022
The movements of the EUR/USD pair witnessed positive attempts at the beginning of the first trading of this week, but still limited positive, with the stability of trading below the resistance level of 1.0240. The technical aspect refers to the conflict of technical signals, and we note the negative pressure …
Read More »Euro faces selling pressure 8/8/2022
The single European currency ended its weekly trading with a decline with the rise of the US dollar, which received support from the positive US employment data, as the EUR/USD pair recorded as low as 1.0140. Technically, by carefully looking at the 240-minute chart, we notice the price stability below …
Read More »Euro Touches the target 5/8/2022
A positive trading session witnessed the movements of the euro against the US dollar within the expected bullish bias during the previous analysis, touching the retest target that is required to be achieved over the short time intervals at 1.0210, recording the highest level at 1.0253. Technically, we find the …
Read More »Euro is looking for a destination 4/8/2022
We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, in addition to the limited trading between the daily trend keys published yesterday, explaining that activating the short positions as soon as 1.0150 is broken, targeting 1.0120, to record the pair’s lowest level at 1.0118. …
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