Support Level: 1.0430 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD The EUR/USD dropped near 1.0500 following comments from Russian President Putin. The Euro is among the weakest currencies of the American session. Earlier it peaked at 1.0549, the highest level in two days. Market sentiment deteriorated briefly after Russian President Vladimir […]
Support Level: 1.0430 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD The Euro is extending some of its Monday losses against the US Dollar, stuck below the 1.0500 figure amidst a risk-off impulse, as data released in the United States did not bolster the USD. Factory Orders in Germany surprisingly exceeded estimates, […]
Support Level: 1.0400 – 1.0290 – 1.0220 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD EUR/USD keeps the optimism well and sound and advances to new highs near 1.0550, an area last seen back in late June. It regained the upward potentials post payroll release and ended the week at around 1.0530, still bullish in the […]
Support Level: 1.0400 – 1.0290 – 1.0220 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD EUR/USD keeps the optimism well and sound and advances to new highs near 1.0550, an area last seen back in late June. It regained the upward potentials post payroll release and ended the week at around 1.0530, still bullish in the […]
Support Level: 1.0470 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD EUR/USD trades on a firm foot and manages to surpass the 1.0500 barrier to clinch fresh multi-month tops on Thursday. The June high past 1.0600 now emerges as the next target and still bullish in the daily chart. The US Dollar […]
Support Level: 1.0290 – 1.0200 – 1.0100 Resistance Level: 1.0500 – 1.0600- 1.0700 EUR/USD The EUR/USD jumped from weekly lows of 1.0290 as the Federal Reserve (Fed) Chair Jerome Powell acknowledged that moderation in the speed of interest rate increases might come as soon as the next meeting. That said, the Euro (EUR) is climbing, […]
Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0400 – 1.0500- 1.0600 EUR/USD EUR/USD alternates gains with losses in the low-1.0300s following another failed attempt to retake the 1.0400 barrier earlier on Tuesday. The euro was initially buoyed earlier on Tuesday due to the hopes of a potential easing in China’s strict pandemic restrictions […]
Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0500 – 1.0600- 1.0700 EUR/USD At the time of writing, EUR/USD is down some 0.29% falling to a low of 1.0354 from a higher of 1.0496. Risk currencies, such as the Euro are under pressure as protests against COVID restrictions in China weighed on market sentiment. […]
Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD EUR/USD remained close to the 1.0400 area. For the week, the Euro was higher by 0.5% against the US Dollar that remains near multi-month lows on the prospects of the Federal Reserve moderating the pace of its policy tightening. S&P500 futures […]
Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD EUR/USD was last up 0.1% at 1.0405, and has stuck to a range of between 1.0381 and 1.0448 while US markets are closed on Thursday for Thanksgiving and liquidity will likely be thinner than usual until Asia and Frankfurt crossover on […]