Support Level: 1.0290 – 1.0200 – 1.0100 Resistance Level: 1.0500 – 1.0600- 1.0700 EUR/USD The EUR/USD jumped from weekly lows of 1.0290 as the Federal Reserve (Fed) Chair Jerome Powell acknowledged that moderation in the speed of interest rate increases might come as soon as the next meeting. That said, the Euro (EUR) is climbing, […]

Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0400 – 1.0500- 1.0600 EUR/USD EUR/USD alternates gains with losses in the low-1.0300s following another failed attempt to retake the 1.0400 barrier earlier on Tuesday. The euro was initially buoyed earlier on Tuesday due to the hopes of a potential easing in China’s strict pandemic restrictions […]

Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0500 – 1.0600- 1.0700 EUR/USD At the time of writing, EUR/USD is down some 0.29% falling to a low of 1.0354  from a higher of 1.0496. Risk currencies, such as the Euro are under pressure as protests against COVID restrictions in China weighed on market sentiment. […]

Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD EUR/USD remained close to the 1.0400 area. For the week, the Euro was higher by 0.5% against the US Dollar that remains near multi-month lows on the prospects of the Federal Reserve moderating the pace of its policy tightening. S&P500 futures […]

Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD EUR/USD was last up 0.1% at 1.0405, and has stuck to a range of between 1.0381 and 1.0448 while US markets are closed on Thursday for Thanksgiving and liquidity will likely be thinner than usual until Asia and Frankfurt crossover on […]

Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0400 – 1.0480- 1.0600 EUR/USD The EUR jumped against the US Dollar USD following the release of the Federal Reserve (Fed) monetary policy minutes showed that policymakers agreed to slow the pace of rate hikes at the Federal Reserve’s (Fed) November meeting. At the time of […]

Support Level: 1.0200 – 1.0100 – 1.0000 Resistance Level: 1.0310 – 1.0400- 1.0480 EUR/USD At 1.0295, EUR/USD is 0.53% higher in late trade in North American trade as the US Dollar retreated across the board on Tuesday while investors look past worries about China’s COVID flare-ups, boosting demand for more risky currencies. The greenback edged […]

Support Level: 1.0200 – 1.0100 – 1.0000 Resistance Level: 1.0300 – 1.0400- 1.0480 EUR/USD EUR/USD maintains the corrective downside well in place for yet another session and threatens to challenge the key support around the 1.0200 neighbourhood sooner rather than later. Indeed, in quite an uneventful session, the Greenback extends the recent bounce backed by […]

Support Level: 1.0270 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD The EURUSD rejected by 1.0400 area again and fell during the American session to 1.0325 level, on a calm session across FX markets. The greenback spiked higher amid a deterioration in market sentiment that did not last much. Economic data released […]

Support Level: 1.0270 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD EURUSD is battling back, down some 0.5% still, however, having fallen from a high of 1.0406 to a low of 1.0305. US Treasury yields increased on Thursday as investors bet on a relatively hawkish Federal Reserve. The greenback was pressured in […]