Tag Archives: EUR

The previous trading session witnessed the performance of the single European currency, which achieved a noticeable rise to reflect the expected negative outlook during the last analysis, in which we relied on the stability of trading below the pivotal resistance level of 1.0500 and, most importantly 1.0550. We indicated during …

The European currency witnessed typical trading during the previous trading session to test the bullish target of 1.0485, recording the highest level at 1.0510, and returning to the main bearish trend again, approaching a few points from the official descending station at 1.0350, recording its lowest level at 1.0360. Technically …

The euro continues to decline against the US dollar within a solid bearish trend that dominates the pair’s movements, as we expected, touching the target price station during the last report at 1.0430, recording its lowest level during the previous trading session 1.0397. On the technical side today, and with …

A strong bearish trend dominated the movements of the euro against the US dollar within the expected negative outlook, reaching the official target at 1.0520, recording its lowest level during the first trading of this week at 1.0475. Technically, looking at the 240-minute chart, we notice the pair’s failure to …

The single European currency declined noticeably during the previous trading session. Therefore, we adhered to intraday neutrality in the last analysis, explaining that activating short positions is confirmed by breaking 1.0670, targeting 1.0600, to record the pair’s lowest level at 1.0610. Technically and carefully considering the 4-hour chart, we find …

Positive trades dominated the euro’s movements against the US dollar. The pair’s success in consolidating above the strong support level published during the previous analysis at 1.0670 forced it to achieve some bullish bounce to visit 1.0750. We mentioned in the last analysis that the 1.0670 level represents one of …

The technical outlook is unchanged, and the Euro did not change much, maintaining the bearish context against the US dollar, to pressure the strong support level at 1.0670. Technically, and by carefully looking at the 4-hour chart, we find the pair stable below the minor resistance of 1.0730, and we …

The technical outlook is unchanged, and the Euro did not change much, maintaining the bearish context against the US dollar, to pressure the strong support level at 1.0670. Technically, and by carefully looking at the 4-hour chart, we find the pair stable below the minor resistance of 1.0730, and we …

The bearish tendency regained control over the euro’s movements against the US dollar to start its first weekly trading, quietly declining to the downside, stable around its lowest level during the morning trading of the current session, 1.0725. Technically, and by looking at the 4-hour chart, we find the pair …

The single European currency declined during the previous session’s trading within the expected bearish path during the last analysis, in which we relied on breaking 1.0670, heading towards touching the first required target at 1.0625, recording its lowest level at 1.0627. Technically, and by looking at the 4-hour chart, we …