Tag Archives: EUR

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 …

Quiet trading tended to be negative, dominating the euro’s movements against the US dollar in a gradual decline to the downside, reaching its lowest level during the previous session’s trading at 1.2010. Technically speaking today, we see the euro trying to build a base on the support floor of the …

The single European currency fell significantly at the end of last week’s trading touching support mentioned in the previous analysis in which we aimed to re-test 1.2060, indicating that breaking the aforementioned level leads the euro to extend its losses towards 1.2030, to record its lowest level at 1.2015. Technically …

Positive trades dominated the euro’s movements against the US dollar within the expected bullish path during the previous analysis, within a gradual rise towards the top, approaching the official target of 1.2170, recording its highest level during the previous session’s trading at 1.2150. Technically speaking, we are witnessing the current …

We committed to intraday neutrality in the previous analysis, explaining that for the continuation of activating long positions, we must witness an increase above 1.2060 for the pair to successfully retest the aforementioned support and start the bullish rebound again. Technically, and with a closer look at the chart, we …

The euro traded quietly against the US dollar within sideways trading, through which the pair succeeded in re-testing the support level mentioned in the previous analysis at 1.2060. Technically speaking, by looking at the 4-hour chart, we find the euro is stable intraday above 1.2060 Fibonacci retracement 38.20% and generally …

The euro provided calm trading that tended to be positive against the US dollar within the expected bullish path mentioned in the previous analysis, gradually approaching the awaited target of 1.2130, recording its highest level at 1.2117. Technically speaking today, the 50-day moving average is still holding the price from …