Tag Archives: EUR

The EUR/GBP pair spiked towards 0.8500 on Friday as markets are being quacked by the latest Covid-19 variant developments.The pair benefitted from a moderation of global central bank rate hikes. EUR/GBP saw sharp upside on the final trading day of the week, surging from close to the 0.8400 level to …

The negative movements still dominate the euro against the US dollar within a bearish trend towards the price target required to be achieved at 1.1200, recording its lowest level at 1.1186. Technically, the momentum indicator still provides negative signals on the short intervals accompanied by the clear negative pressure on …

There was little change in the EUR’s movements against the US dollar, maintaining the negative activity close to the 1.1200 target. Technically, the price continuation and stability below the simple moving averages support the bearish curve in prices and gain solid bearish momentum in the short time frames. Therefore, we …

The US dollar extended its gains, reaching fresh 2021 highs vs the EUR and the GBP. EUR/USD bottomed for the day at 1.1225, while GBP/USD fell to 1.3341. The sour tone of global indexes and higher government bond yields fueled demand for the safe-haven dollar.Bank of England governor Andrew Bailey …

The euro against was able to reach the first price target published during the previous analysis against the US dollar at 1.1220, recording its lowest level during the last trading session of 1.1225. Technically, Stability below the simple moving averages supports the bearish curve in prices and gains solid bearish …

EUR/GBP has been rangebound on Monday within 0.8380-0.8400ish parameters with market attention predominantly elsewhere.The market is expected to heat up starting Tuesday with the release of fresh figures by UK and Eurozone PMIs.the Forex market’s focus has been on USD crosses on Monday, amid a broad strengthening of the dollar …

The European single currency ended its weekly trading in the red areas within the expected negative outlook with the movements within the current descending wave, touching the first price target area for the last analysis at 1.1265, recording its lowest level at 1.1250. Technically, by looking at the 4-hour chart, …

The single European currency provides some temporary bullish bias after several consecutive falls against the US dollar, reaching its lowest levels around 1.1265. Technically, and by looking at the 4-hour chart, we notice the negative pressure coming from the 50-day moving average, which meets near the resistance level of 1.1440, …

The losses of the European single currency extended against the US dollar, as we expected, bypassing the second official leg of the current downside wave represented by our target 1.1300, recording its lowest level at 1.1263 during today’s Asian session. Technically, and by looking at the chart, we notice the …

The single European currency extended its losses against the US dollar, within the descending wave that started several weeks ago, heading down, as we expected, approaching the awaited 1.1300, noting that breaking the 1.1400 level is the key to extending the decline. Technically, we find the euro settled below the …