Tag Archives: EUR

Quiet trading dominated the movements of the euro against the US dollar, but trading tended to be positive within the awaited bullish context touching the first target required to be achieved in the previous analysis, located at 1.2230, to record its highest level at 1.2231. Technically speaking, and with a …

The EUR/USD hit the strong resistance level published in the last analysis, located at 1.2245, represents one of the most important directional keys, forcing the pair to retreat to re-test the strong support floor of 1.2170. Technically, and with a closer look at the 60-minute chart, we find that the …

Quiet trading dominated the movements of the euro against the US dollar within a bullish path, heading to retest the official target published during the last analysis at the price of 1.2170. Technically, and with a closer look at the 60-minute chart, we find the RSI stable above the 50 …

Negative trading dominated the movements of the euro against the US dollar during the previous trading session, recording its lowest level at 1.2051. Technically speaking, we see that the euro has returned to stability again above the strong support located at 1.2065 represented by the 38.20% Fibonacci correction as shown …

Negative trading dominated the movements of the euro against the US dollar within the bearish corrective tendency mentioned in the previous analysis, targeting 1.2085 to record the lowest level at 1.2120. Technically, and with a closer look at the 60-minute chart, we find the euro is still stable below the …

Quiet trading dominated the euro against the US dollar after a session of achieving strong gains, in which the euro touched 1.2170. Technically, we find that the Euro started moving within the bearish corrective bias mentioned in the previous analysis. The 1.2170 resistance level represented by the 23.60% Fibonacci retracement …

Positive trading dominated the euro’s movements against the US dollar at the end of last week’s trading, after it succeeded in surpassing the upside and breaching the pivotal resistance at 1.2065, explaining that confirming the breach of the aforementioned level paves the way for the euro to visit 1.2170, recording …

The euro’s movements are still within a sideways range against the US dollar for several sessions in a row, so we find the pair trying to benefit from the psychological barrier support level of 1.2000 to re-choose the pivotal resistance of 1.2065. On the technical side, the Euro’s movements have …

The single European currency continued its quiet trading in a bearish context, as we expected it gradually approached the first official target published during the previous analysis, 1.1975, to record its lowest price during the previous session at 1.1984. On the technical side, today we witness a stability of the …

The Euro is still trading calmly within a bearish context, as we expected, after it hit the strong resistance published in the previous analysis, located at 1.2065, which forced it to trade negatively, and gradually approached our target. Technically, we will maintain our negative outlook, relying on the negative pressure …