Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0690 – 1.0740- 1.0850 EUR/USD The Euro held to its gains vs. the USD as sentiment improved ahead of the last trading day of 2022. Data from the US showed a slight jump in unemployment claims, boosting the EUR/USD, while China’s Covid-19 relaxing restrictions keep investors […]

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0665 – 1.0740- 1.0850 EUR/USD The EUR/USD failed to break the current range despite hitting the highest level in 13 days. The pair peaked at 1.0675 and then pulled back. It is trading at daily lows near 1.0610, still bullish in the daily chart. The short-lived […]

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0665 – 1.0740- 1.0850 EUR/USD The EUR/USD has recovered 1.0611, reaching the lowest level since last Thursday and then bounced sharply to the upside, approaching daily highs as equity prices in Wall Street rebounded. It ended the day at around 1.0645, bullish in the daily chart. […]

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD The EUR/USD pair holds ccomfortably above the 1.0600 round-figure mark through the early North American session and moves little in reaction to the mixed US macro data. It ended Friday near 1.0620, still bullish in the daily chart. The US Bureau […]

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD EUR/USD is moving in towards a price imbalance between 1.0580 and 1.0570 having already made a low of 1.0573. The price is coiled below the top of the bullish cycle up at 1.0763 and is breaking down the trend which leaves […]

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD ØThe EUR/USD continues to move without a clear direction. It printed a fresh daily low at 1.0595 and then rebounded back above 1.0600 to ended the day at around 1.0610, still bullish in the daily chart. ØRisk sentiment prevailed after the […]

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD The EUR/USD pair seesaws between tepid gains/minor losses through the early North American session and is currently placed in neutral territory, around the 1.0600 mark, still bullish in the daily chart. The Bank of Japan-inspired rally in the Japanese Yen is […]

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD The EUR/USD is trading flat for the day, hovering near 1.0600. During the American session, the pair fell to 1.0574, reaching the lowest level since December 13, but still bullish in the daily chart. While German yields moved off highs during […]

Support Level: 1.0580 – 1.0500 – 1.0400 Resistance Level: 1.0670 – 1.0740- 1.0850 EUR/USD The EUR/USD remains subdued on Friday, following monetary policy meetings by the Fed and the ECB, with both entities raising rates amidst a period of high and stickier inflation. The pair ended Friday at around 1.0590, still bullish in the daily […]

Support Level: 1.0590 – 1.0500 – 1.0400 Resistance Level: 1.0670 – 1.0740- 1.0850 EUR/USD The EUR/USD jumped to 1.0735, a fresh six-month high, during ECB Lagarde’s presser. It erases gains after Lagarde’s comments and turned its direction to downside and ended Thursday at around 1.0635, still bulish in the daily chart. The European Central Bank […]