Tag Archives: Euro

The European single currency declined noticeably against the US dollar for two consecutive sessions, reaching as low as 1.1890. On the technical side, and with a closer look at the 4-hour chart, we find the current moves are showing some bullish bias but still limited. The simple moving averages continue …

The Euro (EUR) extended its losses against the U.S. Dollar (USD) on Thursday for the second consecutive day. This comes as the USD rose across the board following the U.S. Federal Reserve’s change in tone, expecting rising inflation and two rate hikes in 2023, sooner than previously expected. The EUR/USD …

The technical outlook is unchanged, and the pair’s movements did not change for the second consecutive session, amid quiet trading that dominated the movements of the single European currency against the US dollar. The current movements are witnessing attempts to recover, but still limited. Technically, and with a closer look …

The dollar settled near multi-week highs as traders exercise caution ahead of a two-day Federal Reserve policy meeting that is likely to hint at plans to start tapering bond purchases. So far, Fed officials led by Chairman Jerome Powell have stressed that the increase in inflationary pressures is temporary and …

Quiet trading dominated the movements of the single European currency against the US dollar during the previous session so that the current movements witnessed attempts to recover, but there are still limited attempts. Technically, and with a closer look at the 60-minute chart, we find that the RSI is trying …

The dollar maintained its gains today, after recording the largest weekly gain in six weeks, as traders cut bets on the currency’s decline ahead of the upcoming Federal Reserve meeting, which may indicate future changes in US monetary policy. The US central bank begins a two-day policy committee meeting tomorrow, …

The euro declined against the US dollar noticeably at the end of last week’s trading within the expected bearish context, in which we relied on confirming breaking 1.2170, and then 1.2145, heading to touch the first target published during the previous analysis at 1.2110, recording the lowest level at 1.2090. …

After the moves of the European Central Bank and the rise of the US dollar, the euro settles below the 1.2170 support level and continues to decline To be updated…

After a week of anxious waiting, the markets received the high US inflation number they had been dreading, then shrugged it off and moved on, leaving the USD under pressure and most of the major currencies stuck in tight ranges. In early trading in the Asian session, the dollar incurred …

Mixed trading dominated the euro’s movements against the US dollar during the previous session, to only touch the first target that was required to be achieved during the previous analysis, located at 1.2145, to record the lowest price at 1.2143. Technically, the current moves are witnessing a return to stability …