Support Level: 1.0430 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD The Euro registers solid gains against the US Dollar on Monday, during the North American session, courtesy of overall US Dollar weakness.At the time of writing, the EUR/USD is trading at 1.0535, still bullish in the daily chart. Sentiment remains upbeat, […]

Support Level: 1.0430 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD Despite a knee-jerk mid-week, the EUR/USD pair is comfortably trading above the 1.0500 threshold, seesawing around 1.0530 following the release of the December University of Michigan’s Consumer Confidence Index, which rose by more than anticipated, to 59.1 from 56.8 in November. […]

Support Level: 1.0430 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD EUR/USD is firmly higher on Thursday due to diminishing expectations for the Federal Reserve (Fed) to keep raising interest rates at the same aggressive pace. EUR/USD is currently 0.38% higher having rallied from a low of 1.0489 to a high of […]

Support Level: 1.0430 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD The EUR/USD dropped near 1.0500 following comments from Russian President Putin. The Euro is among the weakest currencies of the American session. Earlier it peaked at 1.0549, the highest level in two days. Market sentiment deteriorated briefly after Russian President Vladimir […]

Support Level: 1.0430 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD The Euro  is extending some of its Monday losses against the US Dollar, stuck below the 1.0500 figure amidst a risk-off impulse, as data released in the United States did not bolster the USD. Factory Orders in Germany surprisingly exceeded estimates, […]

Support Level: 1.0400 – 1.0290 – 1.0220 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD EUR/USD keeps the optimism well and sound and advances to new highs near 1.0550, an area last seen back in late June. It regained the upward potentials post payroll release and ended the week at around 1.0530, still bullish in the […]

Support Level: 1.0400 – 1.0290 – 1.0220 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD EUR/USD keeps the optimism well and sound and advances to new highs near 1.0550, an area last seen back in late June. It regained the upward potentials post payroll release and ended the week at around 1.0530, still bullish in the […]

Support Level: 1.0470 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD EUR/USD trades on a firm foot and manages to surpass the 1.0500 barrier to clinch fresh multi-month tops on Thursday. The June high past 1.0600 now emerges as the next target and still bullish in the daily chart. The US Dollar […]

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 […]