Tag Archives: EUR

The euro maintains negative stability with movements that tended to negativity during the previous session, stable below the resistance level of 1.1740. Technically, and with careful consideration on the 240-minute chart, we find the stochastic started gradually losing the bullish momentum, accompanied by the negative pressure coming from the 50-day …

Quiet trading for the euro against the US dollar tended to the downside, trying to settle above our last target at 1.1700, to witness a temporary bullish bias aimed at retesting 1.1740. Technically, and by looking at the 240-minute chart, we find the stochastic started losing the bullish momentum gradually, …

The single European currency faced intense selling pressure at the end of last week’s trading within the bearish context, as we expected, touching the second official leg of the current downside wave at 1.1700, recording the lowest level at 1.1708. Technically, the negative pressure coming from the 50-day moving average …

Negative trading dominated the single European currency during the previous trading session, within the expected bearish path, touching the first target at 1.1750, recording the lowest price of 1.1750. Technically, and with careful consideration of the 4-hour chart, we find the simple moving averages continuing their negative pressure on the …

EUR/USD is revisiting weekly lows at 1.1770 with selling bias around the Euro. No major support levels until 2021 lows of 1.1660. The euro currently trades at $1.1764. On the other hand, Deutsche Rohstof believes that the average price of the euro for 2022 will be $1.20, which is lower …

Limited sideways trading dominates the euro’s movements for the second session in a row, and it hits the strong resistance level of 1.1850, unable to breach it so far, which forced it to the downside, to put negative pressure on the 1.1800 support level. With a closer look at the …

For the second session in a row, the euro hits the strong resistance level mentioned in the previous analysis, at 1.1850, unable to breach it so far, which forced it to trade negatively, to start negative pressure on the 1.1800 support level. With a closer look at the 4-hour chart, …

The euro managed to achieve the negative outlook as expected, touching the first official target that must be gained during the previous analysis at 1.1765, recording the lowest price at 1.1770. On the technical side, the current moves are witnessing a slight bullish slope due to taking advantage of the …

The resistance levels mentioned in the previous analysis at 1.1840 were able to limit the bullish bias witnessed by the euro at the end of last week’s trading, forcing it to retest the first target of 1.1800. On the technical side today, the intraday stability is below the resistance level …

The euro saw positive trades during the previous trading session, but the positivity is still limited, and the current intraday movements are still below the resistance level of 1.1840. On the technical side today, and by looking at the 4-hour chart, we find the 50-day moving average that constitutes an …