Tag Archives: EUR

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 …

The single European currency continues to move negatively against the US dollar, within the expected bearish context during the technical report issued yesterday, touching the target station of 1.0870, recording the lowest price at 1.0870. Technically, by looking at the 240-minute chart, we notice the regularity of movement within the …

As we expected, the single European currency found intense selling pressure against the US dollar, touching the official target at 1.0920, recording its lowest level around the psychological barrier of 1.0900. Technically, today, the negative pressure is still intact—the pair’s failure to maintain trading above the previously broken support-into-resistance around …

A negative trading session witnessed the euro’s movements against the US dollar within the expected bearish context with the beginning of the current week’s trading, heading towards touching the first target of 1.0970, to record the lowest at 1.0965. Technically, we are still inclined to the negativity, relying on the …

Mixed trading dominated the euro’s movements against the US dollar at the end of last week’s trading, within a direction tilted to the downside after the pair failed to stabilize above the resistance level of 1.1150. Technically, we notice that the buying rejection still exists. However, by looking at the …