Tag Archives: EUR

The Euro found a solid support floor near the last official target to be achieved, located at 1.2020, which push it to bounce back up to restore the resistance level mentioned in the previous analysis at 1.2090. Technically speaking, and by looking at the 240-minute chart, we find the pair …

The Euro managed to achieve the bearish scenario, as we expected and mentioned in the previous analysis, after it confirmed the break of 1.2085, heading directly towards the second official target of 1.2020. Technically speaking, and by looking at the 240-minute chart, we find the pair is stable below the …

The single European currency found a strong resistance level around the first retest target to be achieved and mentioned during the previous analysis at 1.2175, to return again within a bearish path, targeting a re-test of the 1.2080 support level. Technically, and with a closer look at the chart, a …

The technical outlook is as it is, and the moves of the euro against the US dollar were not significantly changed in quiet trading that tended to be positive amid the US market holiday yesterday. In terms of technical analysis, the Euro found a good support floor around 1.2080. With …

Positive trading returned to dominate the euro’s movements against the US dollar after the bearish tendency it witnessed during last week’s moves. Technically speaking, we see the Euro found a good support floor around 1.2080, and the current moves are witnessing an intraday stability above 1.2100. With a closer look …

Quiet trading controlled the movements of the euro against the US dollar for the second session in a row, without any change in the technical moves. On the technical side today, and by looking at the 60-minute chart, we find there is a beginning of a decline in momentum, as …

Quiet trading dominated the movements of the euro against the US dollar during the previous trading session, in a positive path, posting a high of 1.2144. On the technical side today, and by looking at the 60-minute chart, we find that there is a beginning of a decline in momentum, …

Positive trades dominated the euro’s movements against the US dollar after it succeeded in breaching the resistance level at 1.2065, and then 1.2090, to hit its highest level during the previous session’s trading at 1.2130. On the technical side today, and by looking at the 240-minute chart, we find the …

We committed to the intraday neutrality in the previous analysis due to the conflicting technical signals, indicating that the 1.2065 level from the top and the 1.1975 level are the directional keys for the current week’s trading. On the technical side, we find the euro is starting positively, trying to …

Negative trading dominated the euro’s movements against the US dollar with the conclusion of last week’s trading, touching our fourth official awaited target at 1.1885, and approaching a few points difference from the next target 1.1830, to record its lowest price at 1.1850. Technically speaking, the current movements are witnessing …