Support Level: 1.0530 – 1.0470 – 1.0350 Resistance Level: 1.0630 – 1.0700 – 1.0800 EUR/USD The EUR/USD is having so far the best day since February 1 on Monday, boosted by a weaker US Dollar across the board on the back of an improvement in risk sentiment and a retreat in Treasury yields. The pair […]

Support Level: 1.0540 – 1.0470 – 1.0350 Resistance Level: 1.0630 – 1.0700 – 1.0800 EUR/USD The downside pressure picks up extra impulse and forces EUR/USD to print new monthly lows in the 1.0545/40 band at the end of the week. The selling momentum in EUR/USD gathers extra traction on the back of the unabated advance […]

Support Level: 1.0570 – 1.0470 – 1.0350 Resistance Level: 1.0700 – 1.0800 – 1.0930 EUR/USD EUR/USD printed fresh lows on Thursday on the third day of there being shorts in the market which gives rise to the prospects of a move up for the final stages of the week. It ended the day near the […]

Support Level: 1.0600 – 1.0470 – 1.0350 Resistance Level: 1.0700 – 1.0800 – 1.0930 EUR/USD EUR/USD continued the decline post FOMC Minutes. The price dropped from intraday high 1.0664 to low 1.0599 due to US dollar strength. It ended the day near the bottom and bearish in the daily chart. The US Dollar maintained its […]

Support Level: 1.0610 – 1.0470 – 1.0350 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD EUR/USD extends its bearish continuation after Monday’s gains, offset by the US Dollar (USD), were sponsored by a risk-off impulse, despite upbeat data revealed in the Euro area. Nevertheless, US PMIs showed after Wall Street’s opening justified US Dollar strength, […]

Support Level: 1.0610 – 1.0470 – 1.0350 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD EUR/USD trades without direction in the sub-1.0700 region at the beginning of the week due to US President holiday. Presidents’ Day has delivered a slow morning for markets, albeit one with a slight positive bias to Asian and European equities, […]

Support Level: 1.0610 – 1.0470 – 1.0350 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD EUR/USD drops to multi-week lows in the 1.0610 region at the end of the week, it then trimmed all the losses and ended the day near 1.0700, still bearish in the daily chart. The pair saw its losses accelerate in […]

Support Level: 1.0650 – 1.0580 – 1.0480 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD EUR/USD extends the multi-session consolidative phase around the 1.0700 neighbourhood so far on Thursday. EUR/USD now extends the selling pressure seen in the previous session in response to another bullish attempt in the greenback. Indeed, the pair revisited the area […]

Support Level: 1.0650 – 1.0580 – 1.0480 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD The now strong rebound in the greenback puts the risk universe under further pressure and forces EUR/USD to drops to 2-day lows near 1.0660 on Wednesday and shouting distance from the monthly lows on Wednesday. Indeed, the selling pressure keeps […]

Support Level: 1.0650 – 1.0580 – 1.0480 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD EUR/USD picks up extra pace and trespasses the key barrier at 1.0800 the figure on Tuesday, or multi-session highs. However, it failed to hold that gains and back to 1.0735 area to ended Tuesday, still bearish in the daily chart. […]