Support Level: 0.9670- 0.9630- 0.9530 Resistance Level: 0.9820 – 0.9920- 1.0000 EUR/USD Euro’s reversal from 0.9750 area earlier on Monday’s US trading session found support tight above the two-week low at 0.9670 and the pair is now trading above 0.9700 again. In absence of first-tier macroeconomic events, the sour market mood reflected on the negative […]

Support Level: 0.9680- 0.9630- 0.9530 Resistance Level: 0.9820 – 0.9920- 1.0000 EUR/USD Euro’s reversal from 0.9750 area earlier on Monday’s US trading session found support tight above the two-week low at 0.9680 and the pair is now trading above 0.9700 again. On a bigger picture, investors’ concerns about the escalating war in Ukraine, after Russia […]

Support Level: 0.9730- 0.9630- 0.9530 Resistance Level: 0.9820 – 0.9920- 1.0000 EUR/USD The EUR/USD fell from 0.9790 to 0.9730 reaching the lowest level in a week following the release of the US official employment report that showed numbers slightly above expectations. The greenback strengthened after the numbers. Earlier in the day, the data published by […]

Support Level: 0.9750- 0.9630- 0.9530 Resistance Level: 0.9920 – 1.0000- 1.0050 EUR/USD The EUR/USD dropped further after the beginning of the American session and bottomed at 0.9790, the lowest level in two days. The intraday bias is bearish with the US dollar looking stronger ahead of the NFP. On Thursday, economic data released in the […]

Support Level: 0.9830- 0.9750- 0.9630 Resistance Level: 1.0000 – 1.0050- 1.0100 EUR/USD The EUR/USD is erasing some of Tuesday’s gains as speculations of a Fed pivot towards a dovish stance faded, as shown by US T-bond yields rising again. the EUR/USD is trading at 0.9890 after hitting a daily high close to parity. Sentiment deteriorated, […]

Support Level: 0.9900- 0.9850- 0.9750 Resistance Level: 1.0000 – 1.0050- 1.0100 EUR/USD The EUR/USD rose even further during the American session and climbed to 0.9977, reaching the highest level in a week. It remains near the top, up more than 150 pips for the day and 440 above last week’s low. On Tuesday, the August […]

Support Level: 0.9730- 0.9630- 0.9535 Resistance Level: 0.9850 – 0.9920- 1.0000 EUR/USD The EUR/USD found support above 0.9750 and rose during the American session to 0.9844, hitting a fresh daily high. The pair ended Monday around 0.9820, still bearish in the daily chart. The DXY printed a new weekly low at 111.47 and it is […]

Support Level: 0.9700- 0.9630- 0.9535 Resistance Level: 0.9850 – 0.9920- 1.0000 EUR/USD The EUR/USD retraces from daily highs of around 0.9853 due to Fed officials expressing the necessity of higher rates for longer. The pair ended Friday around 0.9800, still bearish in the daily chart. A bunch of Fed policymakers crossing news wires, led by […]

Support Level: 0.9700- 0.9630- 0.9535 Resistance Level: 0.9830 – 0.9920- 1.0000 EUR/USD The EUR/USD is trading at the highest level since last Wednesday around the 0.9800 mark. It is up by more than 250 pips from Wednesday low as it continues to recovery on the back of a weaker US dollar. The dollar received a […]

Support Level: 0.9600- 0.9535- 0.9450 Resistance Level: 0.9750 – 0.9840- 0.9910 EUR/USD The shared currency began trading nearby the day’s lows, just below the 0.9600 figure, and dived towards a fresh two-decade low at around 0.9535 before rallying sharply towards the daily high at 0.9751 before settling around 0.9730, bearish in the daily chart. The […]