Tag Archives: EUR

The EUR/USD pair showed a modest upward trend, benefiting from the support level of 1.0470, and reached a session high of 1.0544 during the previous trading day. Technical Analysis: The pair struggled to break the critical resistance at 1.0540, as noted in the previous analysis. On the 4-hour chart, the …

Narrow sideways trading dominates the movements of the euro against the US dollar, confined from below above 1.0480 and from above without resistance 1.0510. On the technical side today, and with a closer look at the 4-hour chart, we find that the simple moving averages still support the possibility of …

The EUR/USD pair attempted a recovery after several sessions of decline, hitting a low of 1.0330 before opening today’s trading with an upward gap. Technical Outlook: Indicators: The 4-hour chart reveals negative crossover signals from the Stochastic indicator, now in the overbought zone, coupled with continued downward pressure from the …

The Euro made some gains against the US Dollar during the previous trading session, attempting to retest the psychological barrier resistance level at 1.0600. From a technical standpoint, the pair is currently hovering around this resistance, which aligns with the 23.60% Fibonacci correction on the 4-hour chart. The Stochastic indicator …

The US dollar continues to exert downward pressure on the euro, hitting the first official target highlighted in the previous technical report at 1.0510, with a recorded low of 1.0515. From a technical standpoint, and based on a closer analysis of the 4-hour chart, the pair remains stable below the …

The Euro remains firmly in a downtrend against the US Dollar, as we had anticipated, reaching our previous target of 1.0565 and even dipping to a low of 1.0545 during the morning trading session. On the technical front, the 4-hour chart indicates persistent negative pressure from the simple moving averages, …

The Euro continues to decline, pressured by the strengthening US dollar. The pair reached the initial target outlined in our previous report at 1.0600, with the lowest recorded level at 1.0595. From a technical perspective, examining the 240-minute chart reveals persistent negative pressure from the simple moving averages, which act …

The Euro experienced a significant decline against the U.S. Dollar, in line with previous expectations, after successfully breaking the 1.0680 support level. This move took the pair down to its initial target at 1.0665, coming close to the next key station at 1.0610, with a recorded low of 1.0628. Technical …

The EUR/USD pair continues to experience bearish pressure, reaching a low of 1.0667 at the end of last week’s trading session. Technical Analysis: Bearish Outlook: The simple moving averages exert downward pressure on the pair, and trading remains below the significant resistance level at 1.0785. Support Levels: A decisive break …

The EUR/USD pair has reaffirmed its 1.0865 resistance level but failed to break through it in the last session. Technical Analysis: A closer look at the 4-hour chart shows that the 50-day simple moving average supports a potential decline, with the stochastic indicator gradually losing upward momentum. While technical indicators …