The daily reports for important events that affects the forex, stocks and commodities markets.

06/01/2023 Daily Reports

Support Level: 1.0520 – 1.0470 – 1.0400 Resistance Level: 1.0580 – 1.0630 – 1.0680 EUR/USD The selling pressure in the Greenback now picks up further pace and drags EUR/USD back to the mid-1.0500s on Thursday, or daily lows. Further downside could retest 1.0520, EUR/USD quickly returned to the negative territory in response to the abrupt […]

The daily reports for important events that affects the forex, stocks and commodities markets.

05/01/2023 Daily Reports

Support Level: 1.0520 – 1.0475 – 1.0445 Resistance Level: 1.0640 – 1.0680- 1.0710 EUR/USD The Euro (EUR) retraces against the US Dollar (USD) after hitting daily highs of 1.0635 and is dropping after the release of mixed US economic data, slightly boosted the US Dollar and shifting sentiment sour. At the time of writing, the […]

The daily reports for important events that affects the forex, stocks and commodities markets.

04/01/2023 Daily Reports

Support Level: 1.0520 – 1.0475 – 1.0445 Resistance Level: 1.0600 – 1.0640- 1.0680 EUR/USD EUR/USD declined sharply in the early European session and touched its lowest level in three weeks at 1.0520 before staging a modest rebound. As of writing, the pair was trading at 1.0560, where it was still down nearly 1% on a […]

The daily reports for important events that affects the forex, stocks and commodities markets.

03/01/2023 Daily Reports

Support Level: 1.0600 – 1.0584 – 1.0550 Resistance Level: 1.0700 – 1.0740- 1.0780 EUR/USD The Euro (EUR) sheds some ground against the US Dollar (USD) on the first trading day of 2023 amidst thin liquidity conditions in the financial markets. The release of S&P Global PMIs in the Eurozone failed to bolster the shared currency […]

The daily reports for important events that affects the forex, stocks and commodities markets.

02/01/2023 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0740 – 1.0780- 1.0850 EUR/USD The EUR/USD advances modestly in the last trading day of 2022, during the North American session, though above its opening price by 0.13%. A light economic calendar keeps the EUR/USD pair within familiar ranges ahead of the week.  At the time […]

The daily reports for important events that affects the forex, stocks and commodities markets.

30/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0690 – 1.0740- 1.0850 EUR/USD The Euro held to its gains vs. the USD as sentiment improved ahead of the last trading day of 2022. Data from the US showed a slight jump in unemployment claims, boosting the EUR/USD, while China’s Covid-19 relaxing restrictions keep investors […]

The daily reports for important events that affects the forex, stocks and commodities markets.

29/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0665 – 1.0740- 1.0850 EUR/USD The EUR/USD failed to break the current range despite hitting the highest level in 13 days. The pair peaked at 1.0675 and then pulled back. It is trading at daily lows near 1.0610, still bullish in the daily chart. The short-lived […]

The daily reports for important events that affects the forex, stocks and commodities markets.

28/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0665 – 1.0740- 1.0850 EUR/USD The EUR/USD has recovered 1.0611, reaching the lowest level since last Thursday and then bounced sharply to the upside, approaching daily highs as equity prices in Wall Street rebounded. It ended the day at around 1.0645, bullish in the daily chart. […]

The daily reports for important events that affects the forex, stocks and commodities markets.

27/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD The EUR/USD pair holds ccomfortably above the 1.0600 round-figure mark through the early North American session and moves little in reaction to the mixed US macro data. It ended Friday near 1.0620, still bullish in the daily chart. The US Bureau […]

The daily reports for important events that affects the forex, stocks and commodities markets.

23/12/2022 Daily Reports

Support Level: 1.0570 – 1.0500 – 1.0400 Resistance Level: 1.0660 – 1.0740- 1.0850 EUR/USD EUR/USD is moving in towards a price imbalance between 1.0580 and 1.0570 having already made a low of 1.0573. The price is coiled below the top of the bullish cycle up at 1.0763 and is breaking down the trend which leaves […]