Support Level: 1.0300 – 1.0200 – 1.0100 Resistance Level: 1.0400 – 1.0480- 1.0600 EUR/USD The EUR jumped against the US Dollar USD following the release of the Federal Reserve (Fed) monetary policy minutes showed that policymakers agreed to slow the pace of rate hikes at the Federal Reserve’s (Fed) November meeting. At the time of […]

Support Level: 1.0200 – 1.0100 – 1.0000 Resistance Level: 1.0310 – 1.0400- 1.0480 EUR/USD At 1.0295, EUR/USD is 0.53% higher in late trade in North American trade as the US Dollar retreated across the board on Tuesday while investors look past worries about China’s COVID flare-ups, boosting demand for more risky currencies. The greenback edged […]

Support Level: 1.0200 – 1.0100 – 1.0000 Resistance Level: 1.0300 – 1.0400- 1.0480 EUR/USD EUR/USD maintains the corrective downside well in place for yet another session and threatens to challenge the key support around the 1.0200 neighbourhood sooner rather than later. Indeed, in quite an uneventful session, the Greenback extends the recent bounce backed by […]

Support Level: 1.0270 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD The EURUSD rejected by 1.0400 area again and fell during the American session to 1.0325 level, on a calm session across FX markets. The greenback spiked higher amid a deterioration in market sentiment that did not last much. Economic data released […]

Support Level: 1.0270 – 1.0200 – 1.0100 Resistance Level: 1.0480 – 1.0600- 1.0700 EUR/USD EURUSD is battling back, down some 0.5% still, however, having fallen from a high of 1.0406 to a low of 1.0305. US Treasury yields increased on Thursday as investors bet on a relatively hawkish Federal Reserve. The greenback was pressured in […]

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 […]