Support Level: 1.0270 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD ØThe EURUSD extends its gains for the second consecutive day but struggles to hurdle 1.0440 and retraces. The release of an upbeat Retail Sales report for the United States capped the Euro (EUR) gains, as the major slid below 1.0400. At […]

Support Level: 1.0270 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD The EURUSD is climbing in the North American session, though it remains beneath the highs of the day at 1.0481, reached on the release of a softer-than-expected Producer Price Index (PPI) for the United States. At the time of writing, the […]

Support Level: 1.0270 – 1.0200 – 1.0100 Resistance Level: 1.0370 – 1.0500- 1.0600 EUR/USD The EURUSD pair erased intraday losses after climbing back to the 1.0350 zone. Earlier the pair bottomed at 1.0270 but then the Greenback lost momentum across the board, triggering the rebound. The Dollar pulled back during the American session even as […]

Support Level: 1.0200 – 1.0100 – 0.9930 Resistance Level: 1.0370 – 1.0500- 1.0600 EUR/USD The Euro finished the week on a higher note, following the release of a soft inflation report in the United States, as informed by the Department of Labor October’s CPI report. Therefore, the Euro continued its advance, as the EURUSD gained […]

Support Level: 1.0100 – 1.0000 – 0.9930 Resistance Level: 1.0200 – 1.0300- 1.0380 EUR/USD The Euro has skyrocketed from session n lows at 0.9930 area to reach two-month highs at 1.0189 as the release of US inflation figures have sent the Greenback tumbling across the board. The pair ended the day at the top, bullish […]

Support Level: 0.9970 – 0.9900 – 0.9800 Resistance Level: 1.0100 – 1.0200- 1.0300 EUR/USD EURUSD has dropped on the day by over 0.4% in a volatile session in New York that has seen good two-way business in the forex market. The US dollar advanced on Wednesday, as results so far for the midterm elections showed […]

Support Level: 0.9970 – 0.9900 – 0.9800 Resistance Level: 1.0100 – 1.0200- 1.0300 EUR/USD EURUSD rallied in a broad risk-on setting, taking out the Monday highs for a fresh high for the week, eating into shorts from the prior. At the time of writing, the pair is ducking below 1.0096 highs into 1.0078 but remains […]

Support Level: 0.9900 – 0.9800 – 0.9730 Resistance Level: 1.0100 – 1.0200- 1.0300 EUR/USD EURUSD advances for the second session in a row and gains around three cents since last week’s lows around 0.9730, always against the backdrop of the persistent sell-off in the greenback. It ended the day at around 1.0030, bullish in the […]

Support Level: 0.9840 – 0.9730 – 0.9630 Resistance Level: 1.0000 – 1.0100- 1.0200 EUR/USD The euro has squeezed higher during Friday’s US afternoon trading, with the pair reaching session highs at 0.9960 so far. The common currency has erased the previous four days’ losses with a shocking 2.2% daily rally, neutral to bullish in the […]

Support Level: 0.9700 – 0.9630 – 0.9540 Resistance Level: 0.9800 – 0.9850- 0.9910 EUR/USD The euro has recovered modestly on Thursday’s US trading session, bouncing up from the 0.9740 area to reach 0.9760. The pair, however, remains negative on the daily chart and trading nearly 3% down on the week. Business activity in the US […]