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. […]

Support Level: 1.0650 – 1.0580 – 1.0480 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD EUR/USD has been testing a critical high in the midday session on Wall Street following what had been a positive start for the day for the US Dollar. At the time of writing, EUR/USD is trading up high for the […]

Support Level: 1.0660 – 1.0580 – 1.0480 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD The European currency trades in a vacillating fashion and motivates EUR/USD to hover around the 1.0670 band at the end of the week. The pair remains side-lined in the lower end of the weekly range and appears to have finally […]

Support Level: 1.0670 – 1.0580 – 1.0480 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD EUR/USD finally picks up some convincing upside traction and approaches the key resistance area near 1.0800 the figure on Thursday. It failed to hold that gains and back to familiar range 1.0735 to ended the day. The German Harmonized Index […]

Support Level : 1.0670 – 1.0580 – 1.0480 Resistance Level : 1.0800 – 1.0930 – 1.1000 EUR/USD The EUR/USD still trades in the familiar range, between high 1.0760 and low 1.0706 area. It failed to make a breakout on upside and continued under the sell pressure. It ended the day around 1.0725, still bearish in […]

Support Level: 1.0670 – 1.0580 – 1.0480 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD The EUR/USD surged to high 1.0770 area post Fed Powell’s speech, but failed to hold that gains and back to 1.0730 area to ended Tuesday, still bearish in the daily chart. The steep sell-off in EUR/USD post-US NFP remains unabated […]

Support Level: 1.0700 – 1.0580 – 1.0480 Resistance Level: 1.0800 – 1.0930 – 1.1000 EUR/USD The EUR/USD extended its fall to new four-week lows at around 1.0720s due to broad US Dollar strength after last Friday’s data reaffirmed the need for higher interest rates in the United States. Hence, money market futures began to price […]

Support Level: 1.0770 – 1.0700 – 1.0580 Resistance Level: 1.0930 – 1.1000 – 1.1100 EUR/USD EUR/USD comes under further downside pressure and rapidly gives away the initial optimism, returning to the mid-1.0800s in the wake of another stellar print from the US jobs report on Friday. It ended the week just below 1.0800, bearish in […]