Tag Archives: Euro

The dollar rose against the major currencies, but within a narrow range, as traders awaited the monthly jobs report for clues on the pace of the return of the Federal Reserve’s policies (the US central bank) to normalcy. The dollar index, which measures the performance of the US currency against …

The technical outlook is unchanged, and the euro’s movements did not change significantly against the US dollar for the third consecutive session, maintaining the negative stability. Technically, the euro retested the previously broken support level at 1.1570/1.1560, and the intraday movements are witnessing stability below the mentioned level. By looking …

The single European currency continues to achieve losses against the US dollar within the negative future outlook, as we expected it to touch the first target of 1.1560, a few points from the official target station 1.1500, recording the lowest price at 1.1528. Technically, we notice some positive movements that …

The dollar rose on Wednesday, on concern that higher energy prices would spur inflation and raise interest rates, as traders awaited US jobs data for clues about the timing of the Federal Reserve’s tightening of policy. The New Zealand dollar fell 0.9% to $0.6891, and the Australian dollar fell 0.7% …

The euro’s trading tended to the negative and it is still maintaining its bearish path against the US dollar for the third consecutive session, within the same technical conditions. Technically, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the simple moving …

The EUR/USD pair has reversed part of recent gains and returned to 1.1600. Sellers returned to the market and forced EUR/USD to abandon the area of recent highs and refocus once again on the 1.1600 hereabouts.After two successive daily pullbacks, the EUR/USD pair now trades on the defensive and hovers …

The dollar rebounded to a one-year high against other major currencies on Tuesday, ahead of an important US jobs report due at the end of the week, which could increase the Federal Reserve’s motivation to start tapering stimulus by next month. The dollar, which is considered a safe haven, also …

The resistance levels published during the previous analysis, at 1.1640, were able to cap the attempts to rise in the euro against the US dollar, which forced it to decline again. Technically, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the …

The single European currency started its first weekly trading, maintaining the negative stability, and the current movements of the pair are witnessing stability below the psychological barrier of 1.1600. Technically, by looking at the 4-hour chart, we notice the continuation of the apparent negative signs on the stochastic indicator, accompanied …

The dollar started the fourth quarter of 2021 near its highest levels in the year and is heading towards achieving its best weekly performance since June, as investors expect the Federal Reserve, which appears to be inclined towards monetary tightening, to raise interest rates at a faster pace than its …