Support Level: 1.1000 – 1.0900 – 1.0830 Resistance Level: 1.1070 – 1.1180 – 1.1250 EUR/USD EUR/USD manages to reverse the initial pessimism and advances to fresh peaks past the psychological 1.1000 the figure in an auspicious beginning of the week. EUR/USD clinches the third consecutive daily gain on the back of the continuation of the […]

Support Level: 1.0900 – 1.0830 – 1.0780 Resistance Level: 1.1000 – 1.1070 – 1.1180 EUR/USD The EUR/USD prepares to finish the week on a higher note, though it remains below the 1.1000 figure, albeit economic data from the US bolstered the USD. However, late into the Wall Street close, the greenback lost strength, US equities […]

Support Level: 1.0900 – 1.0830 – 1.0780 Resistance Level: 1.1000 – 1.1070 – 1.1180 EUR/USD EUR/USD advances, trimming some of its Wednesday’s losses after data from the United States displays further economic deterioration, which reignited recession fears. Hence, investors seeking safety bought the Euro to the detriment of the US Dollar. The EUR/USD trades at […]

Support Level: 1.0900 – 1.0830 – 1.0780 Resistance Level: 1.1000 – 1.1070 – 1.1180 EUR/USD EUR/USD creeps lower in the mid-North American session as the financial markets are in a risk-off mode, expecting the next round of data that could rock the boat and give a clear direction to the pair. Inflation data in the […]

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 […]