The euro continues to advance against the US dollar within the expected bullish path mentioned in the previous analysis within a gradual rise towards the upside approaching the required target of 1.2060, reaching a high of 1.2050. Technically speaking today, we find that the current transactions setteled above the psychological …
Read More »Euro Maintains Its Bullish Path Against The Dollar
Positive trading continues to dominate the euro’s movements against the US dollar within a gradual rise to the upside, with the continuation of work within the bullish price channel shown on the chart. In terms of technical analysis today, we find the Euro succeeded in maintaining trading above 1.1950, and …
Read More »The Euro Touches Target and Re-Tests The Support
The attempts to gradually ascend the euro against the US dollar continue within the expected bullish path, benefiting from building on the support level of 1.1900, gradually approaching the first target required to be achieved during the previous analysis at 1.2010, recording a high of 1.1995. Technically speaking, we find …
Read More »Euro Touches Target Station and The Positivity Remains
Positive trading dominated the euro against the US dollar so that the pair could touch the official target station during the previous analysis at 1.1975, recording a high of 1.1987. Technically, we find the current moves are witnessing stability above the psychological barrier of 1.1900, and we find the 50-day …
Read More »Euro Based on Support
We committed ourselves to the intraday neutrality during the previous analysis, indicating that we are waiting to confirm the breach of the resistance level of 1.1885, and then 1.1925 to enhance the chances of an advance towards 1.1975, to record the highest level during the previous session at 1.1955. Technically, …
Read More »Euro Looking For a More Powerful Trend
The pair provided calm, positive trading, benefiting from stability above the strong support level at 1.1880, as part of attempts to stabilize above the psychological barrier of 1.1900. Technically speaking and with a closer look at the 60-minute chart, we find the 50-day moving average trying to provide a positive …
Read More »GBP/USD Jumps Back Above 1.3700 Mark
The GBP/USD pair gained more than 50 points and rose from two-month lows to reach new highs in the 1.3720-25 areat the start of the European session. The weaker tone surrounding the US Treasury yields limited the strong gains for the US dollar, which helped the GBP/USD pair to bounce …
Read More »Euro Waiting For Pending Orders
Narrow-range sideways trading took control of the euro’s movements against the US dollar, with the conclusion of last week’s trading sessions confined from the bottom above 1.1865 and the top below 1.1925. On the technical side today, and with a closer look at the 4-hour chart, we find the conflict …
Read More »The Euro Waiting For New Signals
Quiet trading dominated the moves of the euro against the US dollar during the previous trading session, to witness the current moves stabilizing again above 1.1885. Technically speaking, the 50-day moving average holding the price from the bottom and supports a bullish curve for prices, on the other hand, we …
Read More »Euro Touching Targets And Technicals Are Contradictory
The euro succeeded in achieving the second official target to be achieved and mentioned in the previous analysis, located at 1.1875, to hit its highest level during the previous trading session at 1.1877. On the technical side today, and with a closer look at the short time frames, we find …
Read More »