Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD EUR/USD is topping the extreme of the day in late New York in holiday calmness. The pair is currently trading at 1.0930 at hourly resistance. The pair has travelled between a low of 1.0884 and a high of 1.0937. The […]

Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD The EUR/USD corrected to the 1.0900 zone after the beginning of the American session and despite weaker-than-expected US economic data. The US Dollar gained momentum, pushing the pair to the downside. ADP released its employment report showing that in March […]

Support Level: 1.0880 – 1.0790 – 1.0700 Resistance Level: 1.0980 – 1.1030 – 1.1100 EUR/USD The EUR/USD edges above the 1.0900 figure for the second consecutive day after data from the US shifted expectations that the US Fed would pause its tightening cycle. At the time of writing, the EUR/USD is trading at 1.0955 after […]

Support Level: 1.0790 – 1.0700 – 1.0630 Resistance Level: 1.0930 – 1.1030 – 1.1100 EUR/USD The EUR/USD rose further following the release of US Economic data and printed a fresh daily high at 1.0916. It then pulled back to 1.0900. The US Dollar is under pressure amid lower yields and risk appetite. Data showed that […]

Support Level: 1.0820 – 1.0700 – 1.0630 Resistance Level: 1.0930 – 1.1030 – 1.1100 EUR/USD The Euro drops from around weekly highs of 1.0925 on a buoyant US Dollar and on buyers’ failure to crack the YTD high at 1.0929. Nevertheless, a triple bottom in the daily chart is intact, at the brisk of being […]

Support Level: 1.0820 – 1.0700 – 1.0630 Resistance Level: 1.0930 – 1.1030 – 1.1100 EUR/USD EUR/USD rallied on easing fears about banking sector troubles and US stocks on Wall Street have moved higher on encouraging economic signs from the chip industry. In a risk-on setting, EUR/USD has travelled from a low of 1.0823 to a […]

Support Level: 1.0800 – 1.0700 – 1.0630 Resistance Level: 1.0870 – 1.0930 – 1.1030 EUR/USD EUR/USD clings to daily gains around the 1.0850 region against the backdrop of a firm note in the greenback on Wednesday. The pair trades within the familiar range, up slightly in the mid-1.0800s against the backdrop of the moderate bounce […]

Support Level: 1.0800 – 1.0700 – 1.0630 Resistance Level: 1.0850 – 1.0930 – 1.1030 EUR/USD EUR/USD climbed to a five-day high at 1.0846 as euro zone government bond yields rose on Tuesday and after a deal backed by the US regulator for First Citizens Bancshares to buy up Silicon Valley Bank helped alleviate concerns in […]

Support Level: 1.0700 – 1.0630 – 1.0520 Resistance Level: 1.0800 – 1.0930 – 1.1030 EUR/USD EUR/USD snaps two straight days of losses and climbs after hitting a daily low of 1.0744 amidst a subdued session. Despite high US Treasury bond yields, risk-appetite improvement and a softer USD opened the door for further Euro upside. At […]

Support Level: 1.0700 – 1.0630 – 1.0520 Resistance Level: 1.0800 – 1.0930 – 1.1030 EUR/USD As the New York session finished, EUR/USD fell 0.64% or 69 pips. A risk-on impulse did not help the Euro, which, pressured by a banking crisis threatening to spread to the Eurozone, weakened the shared currency. At the time of […]