Tag Archives: Euro

The single European currency continues to move within a positive sideways range, within a gradual rise to the upside, posting a high at 1.1891. Technically, we find the euro facing hard time in breaching the 1.1880 resistance level and stabilizing above it, and with a closer look at the 4-hour …

The euro continues to gradually rise to the upside against its US counterpart within the expected bullish path, touching the target required to be achieved during the previous analysis at 1.1870, reaching a peak at 1.1894. Technically, looking at the 4-hour chart, we find negative signs appearing on the stochastic …

The euro continues trading within an upward path, maintaining positive stability above 1.1800, a few points shy from the target of 1.1880, to hit a high of 1.1870. Technically, with the pair succeeding in retesting 1.1800, in addition to the positive stimulus of the 50-day moving average. This encourages us …

The pair opened its weekly trading with a bullish bias towards the first target expected to be achieved last Friday, 1.1825, to hit its highest level during early trading for the current session at 1.1854. Technically, looking at the 4-hour chart, we find the 50-day moving averages support a bullish …

The European single currency continues attempts to maintain positive stability against the US dollar and is able to settle above the strong support floor of 1.1720, Fib 23.60%, which is considered the key to protecting the upside. Technically, looking at the 4-hour chart, we find that the simple moving average …

The euro is showing a negative bias after the single currency failed to stabilize for a long time above the psychological barrier of 1.1800 resistance and is now hovering around the 1.1775 support level. Technically, looking at 240-minutes chart, we find that negative signs have started to appear on the …

The support levels published during the previous analysis, located at 1.1775, were able to limit the slight bearish tendency within the scenario of retesting the support as we expected. Technically, with the pair’s consolidating above the mentioned support, in addition to the positive stimulus from the simple moving averages that …

Positive trading dominated the euro’s movements against the dollar within the expected bullish path, to touch the second target to be achieved in yesterday’s session at 1.1920, posting a high at 1.1920. Technically, looking at the 60-minute chart, we find that the SMA 50 started to pressure the price from …

The single European currency continues to rise against the US dollar within the expected bullish path last Friday, surpassing the first target required to be achieved during the previous analysis, 1.1870, to hit the session high at 1.1895. Technically, the moving averages continue to support the general bullish trend, in …

The euro jumped against the US dollar to achieve strong gains. To be reminded, we committed to the intraday neutrality in the previous analysis, indicating that the activation of long positions depends on confirming the breach of 1.1770 resistance, in order to enhance the chances of the rise towards 1.1800 …