The euro continues to maintain its gains against the US dollar over several sessions in a row, heading to visit the first goal to be achieved during the previous session at 1.2150, and approaching a few points difference from the second target of 1.2180, to record a high of 1.2175. …
Read More »Euro Continues to Advance Against US Dollar
The bullish trend is still dominating the euro’s movements against the US dollar within the expected bullish path, touching the third target located at 1.2130, posting high at 1.2127. Technically speaking, and with a closer look at the 4-hour chart, we find that the simple moving averages continue to support …
Read More »Euro Outperforming Dollar
The single European currency continues to achieve gains against the US dollar within the bullish path, as we expected, touching the second target to be achieved yesterday, located at 1.2080, posting its highest level at 1.2083. Technically, and with a closer look at the 240-minute chart, the moving averages are …
Read More »Euro Faces The Psychological Barrier
The euro continues to pressure the US dollar to continue achieving gains, heading to visit the first target mentioned in the previous analysis, located at 1.2000, posting a high of 1.2003. Technically, the pair met psychological barrier level to witness a slight bearish tendency, and with a closer look at …
Read More »Euro Begins The Week on Upside
The single European currency was able to maximize its gains against the US dollar within the expected upward path, heading for touching the second official target of the current bullish wave at 1.1970, its highest level during the Asian session for the current week at 1.1974. Technically Speaking, and with …
Read More »Euro Continues to Rise Gradually
The single European consolidated its gains against the US dollar, continuing its gradual rise to the upside. On the technical side, with the pair moving inside the bullish price channel shown on the chart, in addition to the positive stimulus from the simple moving averages. This encourages us to keep …
Read More »Euro Continues to Advance
We stayed on the fence in the previous analysis due to the conflict of technical signals, explaining that continuing to activate long positions on the euro-dollar depends on the stability of trading above 1.1820 and the breach of the resistance level of 1.1880 in order to target 1.1920, so that …
Read More »Euro Waiting For a Stronger Signal
the EUR / USD pair approached the first target to be achieved at 1.1920, its highest level during the previous session’s trading at 1.1906 and traded on a positive note. Technically, the pair found a solid support ground around the psychological barrier of 1.1800 and ended above the aforementioned level, …
Read More »Euro Based on Support
The Euro succeeded in establishing a decent support floor near 1.1820, as the pair successfully returned the aforementioned support level, ending the week above 1.1820. Technically, and with a closer look at the 60-minute chart, we find that the simple moving averages are still holding the price from below and …
Read More »Euro Tested Support Level
The pivotal support levels mentioned during the previous analysis, located around 1.1820, were able to limit the bearish bias, within the scenario of re-testing the required support. technically, Euro seen rising again, benefiting from the aforementioned support levels, and the pair is now hovering around the 1.1880 resistance level. Looking …
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