Tag Archives: EUR

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 …

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 …

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 …

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 …

Quiet, positive transactions dominated the moves of the euro against the US dollar, as part of the pair’s attempts to stabilize the pair above the 1.1780 resistance level. Technically, and with a closer look at the chart, the 60-minute chart, we find the euro is stable above the aforementioned level, …

Quiet trading dominated the movements of the euro against the US dollar, in the context of re-testing the resistance indicated in the previous analysis at 1.1750. Technically speaking today, we find the euro stable below the mentioned resistance level, and the 50-day moving average is still an obstacle in front …

The single European currency succeeded in touching the target mentioned in the previous analysis, located at the price of 1.1700, to record the lowest price during the morning trading of the current session at 1.1700. Technically speaking and with a closer look at the chart, with regular work inside the …

The single European currency continues to pressure the pivotal support level aforementioned in the previous analysis at 1.1770, to stabilize the current trading of the pair around the lowest level during early trading for the current session at 1.1660. Technically speaking, and with a closer look at the chart, we …

The European currency showed negative movements during the previous trading session within the expected negative outlook during the previous analysis, touching the first target to be touched at 1.1670, recording the lowest price of 1.1660. Technically speaking, the intraday trading is stable below the previously broken support barrier, which has …

The British Pound (GBP) is rising on Thursday, supported by a positive sentiment as the United Kingdom (UK) and the European Union (EU) vowed to cooperate to reach a settlement to the current disagreements in a way that would facilitate cooperation in vaccine distribution and transportation. Despite a mostly positive …