Tag Archives: EUR

Quiet movements that tended to the upside dominated the euro against the US dollar, with the opening of the first trading sessions of this week to retest the 1.0460 resistance level. Technically, despite the bullish bias, we tend to the negativity, relying on trading stability below 1.0460, the strong supply …

The single European currency maintains negative stability against the US dollar, hitting its lowest level during last week’s trading at around 1.0350. Technically, by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the simple moving averages, which still constitute a hindrance to the …

During the previous trading session, the euro incurred strong losses against the US dollar to complete the bearish directional movement that the pair confirmed by breaking the mentioned low during all reports this week at 1.0500, heading towards the official target station at 1.0400, recording its lowest level at 1.0353. …

The movements of the European single currency did not witness much change within sideways movements that tended to the negative and are still confined from the bottom above 1.0500 and from above below at 1.0580; therefore, the technical outlook has not changed. On the technical side today, and by looking …

Attempts tended to the positive, witnessing the euro’s movements against the US dollar, building on the support level of the psychological barrier published in the previous analysis at 1.0500, to record a marginal rise to retest the 1.0590 level. On the technical side today, and with careful consideration on the …

The pivotal supply zones published in Friday analysis at 1.0600 managed to limit the euro’s attempts to rebound upwards, which forced the pair to trade negatively again. Technically, by looking at the 4-hour chart, we notice the continuation of the negative features coming from the stochastic indicator, which is gradually …

mixed trading Dominated the movements of the euro against the US dollar, approaching the realization of the idea of ​​the temporary rise referred to during the previous analysis at a price of 1.0640, recording the highest level at 1.0640. From the angle of technical analysis today, and carefully looking at …

A positive trading session dominated the EUR/USD moves despite the Fed’s 50bp hike in interest rates, the most significant rate hike in 20 years. Technically, we find the euro building on the psychological barrier’s 1.0500 support floor, in addition to breaching the 1.0530 level and by looking closely at the …

According to our expectations during the last analysis, it managed to touch the target price station at 1.0570, to extend its losses towards the low of 1.0470, the lowest level in several years. Technically and by looking at the 240-minute chart, we notice the movement within the bearish price channel …

As was expected during the last report, the single European currency continued losses against the US dollar, exceeding the station required to be achieved at 1.0680, recording its lowest level at 1.0638. Technically and by carefully considering the 4-hour chart, we notice the continuation of the negative pressure of the …