Support Level: 1.0900 – 1.0830 – 1.0780 Resistance Level: 1.1000 – 1.1070 – 1.1180 EUR/USD EUR/USD snaps two days of consecutive losses and climbs, and seesaws around the 1.0950 figure, spurred by falling US Treasury bond yields and broad American Dollar weakness. Hence, the EUR/USD is trading at 1.0973 after hitting a low of 1.0920. […]
Support Level: 1.0900 – 1.0830 – 1.0780 Resistance Level: 1.1000 – 1.1070 – 1.1180 EUR/USD EUR/USD losses traction on technical reasons and on a stronger US Dollar, as speculations that the US Fed would hike rates in May, gains adepts. US Treasury bond yields rose; consequently, bonds dropped, a tailwind for the buck. At the […]
Support Level: 1.0970 – 1.0880 – 1.0800 Resistance Level: 1.1070 – 1.1180 – 1.1300 EUR/USD The EUR/USD is losing ground on Friday as the US Dollar recovers a part of recent losses. The pair reached a fresh daily low at 1.0972 moving away from the one-year highs it hit on European hours at 1.1075. The […]
Support Level: 1.0970 – 1.0880 – 1.0800 Resistance Level: 1.1070 – 1.1180 – 1.1300 EUR/USD EUR/USD keeps the bid stance well and sound for the third session in a row on Thursday and trades in levels last seen around a year ago on the back of the unabated sell-off in the dollar. The upside momentum […]
Support Level: 1.0935 – 1.0880 – 1.0800 Resistance Level: 1.1030 – 1.1100 – 1.1180 EUR/USD EUR/USD extends the bullish performance and prints new monthly highs around 1.0990 on Wednesday. Following a consolidation phase in the first half of the day on Wednesday, the US Dollar (USD) came under heavy selling pressure and registered large losses […]
Support Level: 1.0830 – 1.0790 – 1.0710 Resistance Level: 1.0930 – 1.0980 – 1.1030 EUR/USD The EUR/USD rose to 1.0928, reaching the highest level since last Thursday, and then pulled back. The Euro holds a bullish tone but remains unable to break above 1.0930. Data from the Eurozone showed a decline of 0.8% in Retail […]
Support Level: 1.0830 – 1.0790 – 1.0710 Resistance Level: 1.0930 – 1.0980 – 1.1030 EUR/USD EUR/USD started the new week on the back foot and touched its lowest level in a week at 1.0830 in the American session. The pair was last seen trading a few pips below 1.0860, losing 0.5% on a daily basis. […]
Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD The EUR/USD falls during the North American session and retraces towards the 1.0900 figure after a solid US Nonfarm Payrolls report. However, the Euro (EUR) is set to finish the week with decent gains of 0.61%, though it ended short […]
Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD EUR/USD is topping the extreme of the day in late New York in holiday calmness. The pair is currently trading at 1.0930 at hourly resistance. The pair has travelled between a low of 1.0884 and a high of 1.0937. The […]
Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD The EUR/USD corrected to the 1.0900 zone after the beginning of the American session and despite weaker-than-expected US economic data. The US Dollar gained momentum, pushing the pair to the downside. ADP released its employment report showing that in March […]