The single European currency retreated significantly during the previous trading session. We have maintained our intraday neutrality during the previous report, indicating that we are awaiting confirmation of a break of the 1.1880 support level, in order to facilitate the mission to visit 1.1800, recording a low at 1.1836. On …
Read More »Euro Waiting Pending Orders
Quiet trading dominated the moves of the euro against the US dollar during the previous trading session, to find the pair a good support floor around 1.1880 within limited upside attempts to target a re-test of 1.1950. On the technical side today, and with a closer look at the 60-minute …
Read More »Euro Hovering Around Support
Quiet trading tended to be negative, dominating the movements of the euro against the US dollar, heading to touch our first target to be achieved, 1.1885, recording the lowest price of 1.1873. Technically speaking, and with a closer look at the 4-hour chart, we find the euro is based on …
Read More »Euro Presses Support And Confirmation of The Break, Extends Losses
Negative trading dominated the movements of the euro against the US dollar during the previous trading session, after finding a strong resistance level near 1.1970. Technically speaking today, and by looking at the 4-hour chart, we find the 50-day moving average that supports the idea of a further decline, in …
Read More »EUR/USD Tends to be Positive
Various moves tended to be positive that dominated the euro’s movements against the US dollar at the end of last week’s trading within the scenario of re-testing the support published during the previous analysis, approaching a few points difference at the desired target of 1.2000, recording a high of 1.1990. …
Read More »Euro Retesting Support
The single European currency showed a bullish tendency during the previous trading session within the expected bullish context, touching the second official target to be achieved during the previous analysis at 1.1975, recording a high of 1.1990. Technically speaking, and with a closer look at the chart, with a 60-minute …
Read More »Euro Breaks Through Resistance
We committed to the intraday neutrality during the previous analysis due to the conflicting technical signals, indicating that the activation of long positions requires confirmation of the breach of 1.1885, in order to enhance the chances of a rally to visit 1.1920, for the pair to succeed in reaching its …
Read More »Euro Hovering Around Resistance And Positivity Needs Confirmation
The euro made positive trades against the US dollar during the previous trading session, recording its highest level at 1.1915. On the technical side today, we find the euro now hovering around a strong resistance level of 1.1880 / 1.1885, trying to stabilize it above, and with a closer look …
Read More »Euro Pressing Support
The bearish tendency continues to pressure the euro’s movements against the US dollar within a gradual decline to the downside, touching the first target to be achieved last Friday, 1.1920, to hit a low of 1.1898. On the technical side, today the intraday trading is witnessing stability below the previously …
Read More »The Euro Continues to Decline
The single European currency fell significantly against the US dollar within the expected negative outlook, touching the second official station mentioned in the previous analysis at 1.1975, to record its lowest level during early trading for the current session at 1.1950. Technically speaking, the pair succeeded in confirming the breach …
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