Tag Archives: EUR

The Euro retreated significantly in the bearish path, as we expected after it succeeded in breaking the support level of 1.2065 heading to touch our first target required to be achieved at 1.2010, recording its lowest price at 1.2010. Technically speaking, the pair’s current moves are witnessing stability below 1.2065 …

The single European currency retreated significantly within the bearish path, as we expected, touching the first expected target located at 1.2065, recording the lowest price of 1.2056. Technically speaking, today, and with a closer look at the 240-minute chart, we find the pair is stable below the broken support level …

Narrow range sideways trades dominate the movements of the euro against the US dollar, capped from the bottom above the minor support level of 1.2100 and from the top below the resistance level at 1.2170. Technically, and with a closer look at the 240-minute chart, we find the pair is …

Negative trading dominated the moves of the euro against the US dollar within the expected bearish path, in which we relied on confirming a break of 1.2120 in his way to touch the first official leg of the break 1.2065, recording its lowest price at 1.2058. Technically, and with a …

The single European currency continues its gradual decline to the downside, to start pressure on the support level published during the previous analysis at the price of 1.2120. Technically, and with a closer look at the chart at a 240-chart, we find the negative pressure coming from the 50-day moving …

We committed to the intraday neutrality during the previous analysis due to the conflicting technical signals. Technically, and with a closer look at the 240-minute chart, we find the negative pressure coming from the 50-day moving average, and we find that the RSI indicator began to gain bearish momentum on …

Narrow sideways trading is still dominating the euro’s movements against the US dollar, confined from the bottom above the support level of 1.2100 and from above below 1.2200. On the technical side today, we find the pair started its weekly trading on a slight upward slope, trying to benefit from …

We committed to the intraday neutrality during the previous analysis due to the contradictory technical signals, to find the Euro is still trying positively within a weak bullish slope attacking the resistance level at 1.2175. Technically, and by looking at the 4-hour interval chart, we find the simple moving averages …

Mixed trades dominated the euro’s movements against the US dollar during the previous trading session, as the euro’s movements witnessed a negative sideways tendency confined from the bottom above 1.2075 and from the top below 1.2175. On the technical side today, and by looking at the 4-hour chart, we find …

The movements of the euro against the US dollar witnessed a slight bullish tendency during the previous trading session within a rise to the upside, benefiting from building on the support level of 1.2065. Technically, and with a closer look at the 60-minute chart, we find the 50-day moving average …