Tag Archives: EUR

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 …

The EUR/USD pair has been trading sideways, attempting to hold above the support level of 1.0760. However, positive movement has been limited, with the pair struggling to rise above the main resistance at 1.0850. Technical Analysis: On the 240-minute chart, the 50-day simple moving average indicates potential for further decline, …

The EUR/USD pair continued its decline as expected, marking the longest series of daily losses in a year. Technical Analysis: Today’s analysis suggests that the pair is likely to maintain its downward trajectory, supported by negative pressure from the simple moving averages and the formation of a bearish double top …

The Euro continues to decline against the US Dollar, following the expected downward trajectory as noted in the previous analysis, confirming the break of the 1.0880 level. Technical Outlook: Today’s analysis maintains a bearish outlook for the EUR/USD pair, with negative pressure driven by simple moving averages that support continued …

The EUR/USD pair continued its decline, as anticipated in the previous technical report, hitting the target of 1.0880 and recording a low of 1.0878 during the morning session. Today’s analysis suggests the downward trend may persist, with negative pressure continuing from the simple moving averages, supporting the decline. The bearish …

The EUR/USD pair began the week with a notable decline, aligning with the anticipated downward trajectory from the previous technical report. The pair hit the target of 1.0880, with its lowest level recorded at 1.0882 during morning trading. From a technical standpoint, on the 4-hour chart, the simple moving averages …