Tag Archives: EUR

The single European currency continues to lose against the strength of the US dollar within the expected bearish technical outlook during the previous analysis, explaining that we are waiting for confirmation of breaking 1.0800 to visit 1.0750 as a first target settled a low at 1.0770. Technically, and by looking …

The single European currency managed to target retesting at 1.0920, recording a high of 1.0936, to return to trading with noticeable negativity due to hitting the resistance level. On the technical side, the euro’s moves returned to stability below the resistance level of 1.0880, most importantly below the psychological resistance …

We adhered to intraday neutrality during the previous analysis, explaining that we prefer to monitor the price behavior of the pair around the 1.0770 support level, explaining that the pair’s success in building the level above, in addition to confirming the breach of 1.0840, leads the pair to recover, targeting …

The euro’s movements against the US dollar did not witness much change, but it found a good support floor around the demand level of 1.0770. Technically, and by looking at the 4-hour chart, we notice the continuation of movement below the resistance of the descending price channel at 1.0840/1.0830. This …

The single European currency ended last week’s trading with a noticeable decline within the expected bearish context mentioned in the previous analysis, touching the first official target required around 1.0775, recording its lowest level at 1.757. Technically, the pair witnessed quiet trading due to the European market holiday yesterday. However, …

The euro’s movements witnessed a limited bullish tendency after finding a solid support floor near the psychological barrier of 1.0800, which helped the pair make a bullish bounce to test the 1.0900 resistance level. Technically and carefully considering the 4-hour chart, we notice that the 50-day moving average is still …

The single European currency slowly moves to the downside within the expected bearish path. It begins by pressing the support level published during the previous analysis, at 1.0830. Technically, there is a possibility of resuming the bearish trend, with the continuation of the negative pressure of the simple moving averages …

The single European currency retested the resistance within the expected limited positive scenario, touching the target at 1.0930, recording its highest level during the last session at 1.0932. Technically, by looking at the 4-hour chart, we find that the pair returned to stability below the descending channel’s resistance, accompanied by …

The euro continues its negative movements against the US dollar within the expected bearish context, approaching the target during the last analysis, at 1.0820, recording the lowest level at 1.0836. Technically today, and by looking at the 4-hour chart, we notice the continuation of the movement below the 50-day moving …

The euro maintained negative stability against the US dollar, continuing its negative creep gradually after it failed to maintain trading above the 1.0965 level. technically, by looking at the 240-min chart, the pair’s continued movement below the simple moving averages, in addition to the pivot below the previously broken support …