Tag Archives: Euro

The US dollar reached its highest level this year on Wednesday after rallying as US Treasury yields increased on investor fears that the Federal Reserve could begin withdrawing its policy support at a time when global growth is slowing. The euro fell to $1.1657, its lowest level from November 2020, …

The US dollar advanced for the third day in a row on Tuesday, boosted by a rise in Treasury yields ahead of a large number of Fed speakers this week who may confirm expectations to start reducing asset purchases before the end of the year, and the benchmark US 10-year …

The single European currency continues its quiet negative crawling to start negativity by pressure on the psychological barrier support level at 1.1700. On the technical side, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the 50-day simple moving average and the …

Sideways trading dominates the euro against the US dollar for several consecutive sessions, above the psychological support level of 1.1700 and below the resistance of 1.1750. On the technical side today, and by looking at the 4-hour chart, we notice the negative pressure coming from the 50-day simple moving average, …

The euro made positive attempts to rise against the US dollar. However, there are still limited attempts to hit the strong resistance level that was published throughout all reports this week at 1.1750, which was able to limit the bullish bias. Technically speaking, and by looking at the 240-minute chart, …

The US dollar retreated Thursday, September 23rd from its highest level in a month, which is reached after the US Federal Reserve paved the way for raising interest rates next year, and improving sentiment in global markets encouraged dealers to sell the dollar. The Fed also signaled a tendency to …

Mixed trading dominated the euro’s movements against the US dollar. The euro is still facing negative pressure for the fourth consecutive session, unable to breach the strong resistance level published during all the technical reports over the week at 1.1750. Technically, the euro continues its negative crawling to the downside …

The dollar rose in early European trading on Wednesday, but moves were set before the conclusion of a crucial Federal Reserve meeting later in the session. The dollar index, which measures the greenback against a basket of six other currencies, was up 0.1% at 93.255, away from Tuesday’s high of …

The euro maintains negative stability with movements that tended to negativity during the previous session, stable below the resistance level of 1.1740. Technically, and with careful consideration on the 240-minute chart, we find the stochastic started gradually losing the bullish momentum, accompanied by the negative pressure coming from the 50-day …

Quiet trading for the euro against the US dollar tended to the downside, trying to settle above our last target at 1.1700, to witness a temporary bullish bias aimed at retesting 1.1740. Technically, and by looking at the 240-minute chart, we find the stochastic started losing the bullish momentum gradually, …