Tag Archives: EUR

The single European currency declined significantly against the US dollar, within the expected bearish context during the previous analysis, heading towards the first price target, 1.1270. Technically, the Euro tried to benefit from the 1.1270 support floor, which forced the intraday movements to a limited upward bias to retest 1.1300. …

The Euro started pressure on the solid support level at 1.1280 in a negative trading session yesterday, after the single European currency found selling orders at the main supply point 1.1380. Technically, and by looking at the 4-hour chart, we notice the negative pressure coming from the simple moving averages. …

The strong supply area published yesterday, at 1.1370, managed to limit the bullish bias witnessed by the euro against the US dollar, which forced it to trade negatively, to retest the psychological support level 1.1300. On the technical side, the movements are witnessing a downward tendency, between 1.1300 and 1.1370. …

The moves of the single European currency showed sideways movements that tended to the upside, building on the support of the psychological barrier 1.1300, and the pair is now hovering around its highest level during the early trading of the current session 1.1350. Technically, by looking at the 4-hour chart, …

Within the expected bearish context, the single European currency declined significantly against the US dollar. Therefore, we relied on confirming the breach of 1.1370, explaining that this opens the way to visit the first target, 1.1320, to record the euro as low as 1.1315. Technically, today, and by looking at …

Negative trades returned to dominate the euro’s movements against the US dollar, after it found a strong resistance level near 1.1480, to start the first weekly trading on a bearish slope. It is now hovering around the psychological support level of 1.1400. Technically, and carefully looking at the 4-hour chart, …

The single European currency continued to achieve gains against the US dollar within the expected upward trend during the last analysis, heading towards touching the goal of 1.1480, recording the highest level at 1.1481. Technically, the pair is now hovering around the highest level during the session, accompanied by the …

The market has stabilized, with the US dollar consolidating losses on Thursday. Risk appetite retreated, preventing the dollar index from falling further. Intraday gains of the American currency helped correct oversold conditions reached one day following Wednesday’s selloff.The Federal Reserve’s hawkish language was much assessed and digested in ahead of …

Within the bullish context published during the previous analysis, the single European currency managed to achieve noticeable gains against the US dollar. Therefore, we relied on confirming the breach of 1.1380, targeting 1.1360, on recording the euro’s highest level at 1.1455. On the technical side today, and with careful consideration …

The euro’s movements against the US dollar witnessed a positive trading session to move away from the psychological barrier of 1.1300 support floor and is now hovering around the highest level during the early trading of the current session 1.1375. On the technical side, the pair starts attacking the main …