Support Level: 1.0830 – 1.0760 – 1.0710 Resistance Level: 1.0930 – 1.1000 – 1.1100 EUR/USD The EUR/USD got rejected from the 1.0900 psychological barrier for two consecutive days and on Friday slipped to the 1.0860 region after data from US cemented the case for a 25 bps rate hike by the Fed. At the time […]
Support Level: 1.0830 – 1.0760 – 1.0710 Resistance Level: 1.0930 – 1.1000 – 1.1100 EUR/USD The European currency now gives aways some gains after motivating EUR/USD to climb to fresh 2023 peaks near 1.0930 earlier in the session on Thursday. The pair ended the day around 1.0890, still bullish in the daily chart. Despite the […]
Support Level: 1.0760 – 1.0710 – 1.0630 Resistance Level: 1.0930 – 1.1000 – 1.1100 EUR/USD The European currency now looks to extend the bounce off earlier lows in the 1.0860/55 band vs. the greenback and lifts EUR/USD back to the boundaries of 1.0900 the figure on Wednesday. EUR/USD so far advances for the sixth session […]
Support Level: 1.0760 – 1.0710 – 1.0630 Resistance Level: 1.0930 – 1.1000 – 1.1100 EUR/USD EUR/USD appears to have met some decent resistance in the proximity of the 1.0900 hurdle so far on Tuesday. It ended the day at around 1.0880, still bullish in the daily chart. Indeed, market participants appear prudent ahead of the […]
Support Level: 1.0760 – 1.0710 – 1.0630 Resistance Level: 1.0890 – 1.0950 – 1.1000 EUR/USD EUR/USD extends further the auspicious start of the new year and advances past the 1.0900 barrier for the first time since April 2022. It retreated from the top and ended Monday around 1.0860, still bullish in the daily chart. In […]
Support Level: 1.0760 – 1.0710 – 1.0630 Resistance Level: 1.0890 – 1.0950 – 1.1000 EUR/USD EUR/USD advances for the third consecutive session and revisits the 1.0860 area amidst alternating risk appetite trends and humble gains in the greenback. The pair ended the week around 1.0855, still bullish in the daily chart. Indeed, the appetite for […]
Support Level: 1.0760 – 1.0710 – 1.0630 Resistance Level: 1.0890 – 1.0950 – 1.1000 EUR/USD Bulls remain in control of the sentiment around the single currency, with EUR/USD charting decent gains above the 1.0830 mark as the NY session draws to a close on Thursday. Indeed, the selling interest around the greenback allows the continuation […]
Support Level : 1.0760 – 1.0710 – 1.0630 Resistance Level : 1.0890 – 1.0950 – 1.1000 EUR/USD EUR/USD reversed its course after hitting a nine-month high around 1.0887 on Wednesday after US economic data could further cement the case for US Fed officials to slow down the pace of tightening. Additionally, the US Dollar found […]
Support Level: 1.0770 – 1.0710 – 1.0630 Resistance Level: 1.0870 – 1.0950 – 1.1000 EUR/USD The euro is under pressure on Tuesday, under control by bears and falling from a high of 1.0869 to a fresh low of 1.0773. It ended the day around 1.0790 and still bullish in the daily chart. ECB policymakers are […]
Support Level: 1.0770 – 1.0710 – 1.0630 Resistance Level: 1.0880 – 1.0950 – 1.1000 EUR/USD EUR/USD gives away some gains and returns to the negative territory following an earlier climb to new highs around 1.0880. It ended Monday at around 1.0815, still bullish in the daily chart. Market participants were still cheering, easing United States […]