Tag Archives: EUR

The movements of the euro against the US dollar witnessed a slight bullish tendency, trying to stabilize above the support level of 1.1780, and the pair is now hovering around its highest level during the morning trading of the current session 1.1837. On the technical side today, despite the bullish …

The bearish trend continues to dominate the euro’s movements against the US dollar within the expected negative outlook in the last report, touching the official target at 1.1780. Technically, and with careful consideration on the 4-hour chart, we find the 50-day simple moving average that continues to pressure the price …

The single European currency kicked off the weekly trading on a slightly bullish slope, aiming to retest the resistance level 1.1880/1.1890. Technically speaking, the 4-hour chart shows that the stochastic is trading around overbought levels, with trading stabilized below the 1.1880/1.1890 resistance level, 61.80% Fibonacci level. Therefore, the bearish scenario …

The euro continues to resume the bearish path against the US dollar within a gradual decline to the downside, approaching the official target of 1.1840 by a few points, at the second target 1.1810, posting its lowest level at 1.1835. On the technical side, and with the continuation of the …

EUR/USD trading within the expected bearish path during the previous analysis, touching the first awaited target at 1.1840, recording its lowest level during the morning session at 1.1844. On the technical side, the pair succeeded in breaking the 1.1880 level represented by the 61.80% Fibonacci correction, which is now turned …

The euro maintains a gradual bearish tendency against the US dollar due to trading stability below the strong resistance level located at 1.1975, to start pressing on the 1.1880 support level. On the technical side today, and with a careful look at the 240-minute chart, we find the simple moving …

The technical outlook is unchanged, and the euro’s movements against the US dollar did not change significantly, maintaining the negative stability within a gradual decline to the downside. On the technical side, today, we tend to the negativity, relying on the stability of trading below 1.1975 located at the 50.0% …

The Euro hit the strong resistance level located at 1.1975, unable to breach it yet, which forced the pair to trade negatively and settle below it. On the technical side, we tend to the negativity, relying on the stability of trading below 1.1975 located at the 50.0% Fibonacci correction, as …

The technical outlook is unchanged and the pair’s movements have not changed significantly, maintaining the negative stability. Technically, we are inclined towards negativity in our trading, relying on the negative pressure coming from the 50-day moving average, in addition to the clear negative signs on the stochastic indicator. From here …

The Euro hit the published pivotal resistance level that is required to be retested during the previous analysis at 1.1970, which still constitutes an obstacle for the pair, unable to breach it until now. Technically, we are inclined towards negativity in our trading, based on the negative pressure coming from …