Tag Archives: EUR

On Monday, Spot gold peaked at $1,865.38 a troy ounce, but the rally lost steam after Wall Street’s open, trading at around $1,851. The optimistic tone of equities undermines demand for the safe-haven metal, while the greenback remains out of investors’ radar. As we expected, the euro made a noticeable …

The Euro provided a trading session in positive areas against the US dollar after it succeeded in building on the support floor of 1.0550 and the Euro’s success in breaching 1.0630, reaching its highest level during the previous trading session 1.0697. Technically, and by carefully looking at the 4-hour chart, …

The support levels published during the previous report at 1.0460, managed to limit the bearish bias, as the euro successfully retested the mentioned level, trying to maintain stability above the resistance level of the psychological barrier of 1.0500. Technically today, and by carefully looking at the 240-minutes, we notice the …

The support levels published during the previous report at 1.0460, managed to limit the bearish bias, as the euro successfully retested the mentioned level, trying to maintain stability above the resistance level of the psychological barrier of 1.0500. Technically today, and by carefully looking at the 240-minutes, we notice the …

The movements of the euro witnessed a noticeable increase during the previous trading session, with increasing bets that the European Central would raise interest rates and the decline of the US dollar, reaching its highest level at 1.0563. Technically, we find the euro succeeded in breaching the 1.0460 resistance level, …

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 …