Tag Archives: EUR

The movements of the euro against the US dollar witnessed a bullish bias during the previous trading session, but still a limited bullish, so far the pair has found it difficult to breach the resistance level published during the previous analysis 1.2245, which we explained as one of the conditions …

The single European currency started its first weekly trading on an upward trend after it succeeded in building a support level at 1.2170, to record its highest level during the early trading of the Asian session at 1.2236. Technically, and with careful consideration of the 4-hour chart, we find the …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that activating the short positions depends on the confirmation of breaking the 1.2170 support level, which puts the price under negative pressure targeting 1.2120, to move the pair in a bearish context approaching the …

The euro against the US dollar ended the previous trading session without a noticeable change within a sideways bias tilted to the negativity. Technically, and with a closer look at the 4-hour time chart, we find the SMA 50 continues to pressure the price from the top, supporting the occurrence …

The euro found a strong resistance level during the previous trading session at 1.2170, which managed to limit the bullish tendency to force the euro to retest the support level of 1.2170. Technically, and with a closer look at the 4-hour time frame, we find the 50-day moving average began …

The single European currency continues to advance against the US dollar within the expected bullish context during the previous analysis, approaching by a few points the second official target published during the last report at a price of 1.2275, recording its highest level at 1.2270. On the technical side today, …

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 …