Tag Archives: EUR

Euro was trading in a narrow sideways range, and its movements against the US dollar did not witness notable change, and the pair maintained the bullish path. The technical outlook remains unchanged, and with a look at 240-minutes chart, we see that the SMA 50 is providing a positive motive …

The Euro was trading positively against the US dollar, after it managed to break the 1.1720 resistance level. Technically, the current moves are stabilizing above 1.1800 and with a look at the 240-minute chart, we find that the SMA 50 is showing a positive motive with the RSI trying to …

The EUR’s movements were tilted to the positive side during the previous trading session, and we remained neutral in the previous report due to the conflicting technical signals. Technically, looking at the chart, we find that the 50-day moving average has returned to hold the price with positive signals from …

The Euro was calm and tends to be positive during the session, noting that we remained neutral during the previous report due to the conflicting technical signals. On the technical side and by looking at the chart, we find that the 50-day simple moving average has returned to hold the …

The Euro managed to touch the target level mentioned in the previous analysis at the psychological barrier of 1.1800, to hit its highest level at 1.1800. Technically, the aforementioned resistance capped the bullish bias and forced the pair to the downside again, to retest 1.1720. Looking at the chart, we …

The single currency managed to achieve the positive outlook that we expected in the previous analysis, by touching the first target 1.1770s, to hit the highest level at 1.1797. Technically speaking, with the pair being able to build on the previously broken resistance level that turned into support of 1.1720, …

The Euro started its first weekly trading attempting to rise, making use of intraday trading above 1.1720 after finding strong support around 1.1620. On the Technical side and by looking at the intervals, we see that the 50-day moving average meets around 1.1690/1.1700 giving some momentum, in conjunction with the …

The European Central Bank’s (ECB) Governing Council has reportedly agreed that there is no need to overreact to euro gains. To be updated…

The Single currency remains on the positive side after the European Central Bank’s decision to keep interest rates unchanged, which prompted the EUR/USD pair to stay in the 1.1840 area on Thursday. The pair is extending its bullish momentum after touching its weekly lows on Wednesday near 1.1750. The European …

The Euro (EUR) is maintain its declining trend against the US Dollar (USD) on Tuesday, falling to its lowest level in front of the greenback in about two weeks. The EUR/USD pair is trading lower for the day by 0.29% at 1.1783 after falling as low as low 1.766 at …