Tag Archives: Euro

The EUR/USD pair continues to experience mixed movements, oscillating within a narrow sideways range. This range is bounded by the 1.0730 resistance level on the upper end and the 1.0680 support level on the lower end. A detailed examination of the 4-hour time frame chart reveals that the pair’s intraday …

European stocks rose to their highest level in two weeks on Monday, continuing the strong gains they achieved last week, as traders awaited economic data and the Federal Reserve’s decision on monetary policy. By 0718 GMT, the European STOXX 600 index rose 0.3 percent after recording its first weekly gain …

European stocks rallied on Friday, poised to conclude the week with gains, buoyed by robust earnings from major US technology firms, while ThyssenKrupp shares surged to their highest daily performance in 18 months. The European STOXX 600 index kicked off the session with a 0.5 percent uptick by 0717 GMT. …

European stocks fell on Thursday after mixed earnings from major companies such as Nestle and Deutsche Bank. The European STOXX 600 index fell 0.24 percent by 0745 GMT, affected by losses in the food, beverages and industrial goods sectors. Technology stocks were under pressure after disappointing revenue expectations from the …

In the latest update, the EUR/USD pair encountered resistance at the previously mentioned level of 1.0715, hindering its upward momentum. Currently, the pair is hovering around the psychological barrier of 1.0700. Analyzing the technical indicators, the upward trend remains constrained, with the Stochastic indicator signaling negativity. Furthermore, the pair continues …

In early trading on Wednesday, European stocks showed little change, with gains in the technology sector offsetting losses in the banking sector. Investors were evaluating the impact of monetary tightening on companies’ performance and financial results. The European STOXX 600 index edged up by 0.1 percent by 0720 GMT, hovering …

During the previous trading session, the EUR/USD pair made upward attempts, testing the notable resistance level highlighted in the preceding technical report at 1.0715. From a technical analysis perspective, the upward momentum remains somewhat limited. Upon closer examination of the 4-hour time frame chart, it’s observed that the Stochastic indicator …

European stocks surged on Tuesday, reaching their highest levels in over a week, driven by strong corporate earnings that instilled confidence among traders. The technology sector spearheaded the gains, with the Financial Times index in Britain hitting its all-time high. As of 0712 GMT, the European STOXX 600 index climbed …

The EUR/USD pair exhibited minimal change during the initial trading sessions of the week, trading within a sideways range. The pair’s price continues to maintain negative stability below the 1.0715 resistance level. In terms of technical analysis today, a closer examination of the 4-hour timeframe chart reveals the simple moving …

European stocks opened higher on Monday as investors awaited the earnings reports of several major banks. Notably, shares of Portuguese company GALP surged to their highest level in 16 years following positive results from gas exploration in Namibia. As of 0716 GMT, the European STOXX 600 index had risen by …