Tag Archives: Euro

European stocks fell on Thursday, affected by the decline in technology stocks, which are sensitive to interest rate movements, on expectations that large central banks will continue to raise interest rates, but the gains of the Swiss healthcare group Novartis contributed to limiting losses. And by 0715 GMT, the European …

Trading tended to be positive, dominating the movements of the euro-dollar pair within the idea of retesting the resistance, but still limited movements confined from below above 1.0675, and from above below 1.0740. On the technical side today, and with a closer look at the 4-hour chart, we find that …

The EUR/USD pair touched the first bearish target within the bearish path published during the previous technical report, located at 1.0665, recording its lowest level at 1.0665. On the technical side today, and with a closer look at the 4-hour chart, we find that the pair is still stable below …

European stocks opened flat on Tuesday, as fears of major central banks raising interest rates to counter slowing economic growth offset support from defensive healthcare stocks. The European Stoxx 600 index settled at 459.78 points. The index had fallen in the previous session due to data that indicated weak activity …

European shares opened stable on Monday after the markets failed to take advantage of the momentum resulting from last week’s gains, while London shares led the gains in the region, supported by the optimistic performance of energy companies on the back of rising oil prices. The European Stoxx 600 index …

The bearish trend regained control of the EUR/USD pair after the US dollar received positive momentum after the US jobs data came in better than expected. On the technical side today, by looking at the 240-period chart, the current movements of the pair stabilize below the main resistance level of …

European stocks rose on Friday, led by mining and real estate stocks, as investors breathed a sigh of relief after the US Congress approved the debt ceiling bill and signs the Federal Reserve may pause its rate hike cycle later this month. The pan-European Stoxx 600 index was up 0.5% …

Trading tended to be positive, dominating the movements EURUSD pair during the previous trading session, benefiting from touching the last target around the 1.0640 support floor, to start a bullish rebound, to reflect the expected bearish trend yesterday, in which we relied on trading stability below the main resistance 1.0740, …

Eurozone inflation fell more than expected this month, as underlying price growth stalled, fueling speculation about the need for more European Central Bank rate hikes beyond the one scheduled for later this month. In May, inflation in the eurozone’s 20 member countries fell to 6.1% from 7.0% in April, falling …

The EUR/USD pair achieved the bearish targets mentioned during the previous technical analysis, touching the official target station at 1.0640, recording its lowest level at 1.0635. On the technical side today, by looking at the 240-minute chart, we notice that there are positive attempts for the Euro-dollar pair as a …