EUR/USD Significant LevelsResistance Levels: 1.1800, 1.2000, and 1.2200Support Levels: 1.1300, 1.1200 and 1.1100 EUR/USD Price Long-term Trend: BearishEUR/USD has been in a downtrend since June as pair looks oversold. Buyers have pushed the currency pair to its peak price of level 1.2200 on December 14, 2020. The pair dropped to level 1.1704 because the market […]
EURUSD Price Analysis – December 7 EURUSD Bulls make a significant market movement to put an end to the ongoing bearish regime. Having tried unsuccessfully to stop the bearish regime at different price stops, buyers have raised yet another stop to prevent the market from falling further. As the price falls to the significant level […]
EURUSD Price Analysis – December 6 The EURUSD pair continued selling on rallies, taking advantage of the circumstances, and reached a low of 1.1266. The pair has been trading with a selling bias and has just swung back to the south of the daily chart, where it is currently trading 0.21 percent down on the […]
EURUSD Price Analysis – November 22 Throughout the session, the EURUSD pair remained on the losing side and was last seen moving with considerable losses around the 1.1250-36 level. The announcement that the White House has opted to reappoint incumbent Fed Chair Jerome Powell for a second term sparked the recent strong dip. The spot […]
USDCHF Price Analysis – November 16 Around 0.9237 low, the USDCHF pair picks up steam adding to the previous day’s gains, up 0.55 percent to 0.9294 intraday high during the American session on Tuesday. The USD rose to near 16-month highs as market expectations grew that the US central bank would be compelled to act […]
EURUSD Price Analysis – November 15 The EURUSD remains under a lot of pressure but appears to be regaining some ground above the 1.1400 area at the start of the week. In the near term, the extension of the downturn appears to be more likely as the pair stays unsure of its course after registering […]
EURUSD Price Analysis – November 8 During the Monday session, the EURUSD stays on the offensive, the following rejection at the end of the prior week, signaling an initial reversal indication. As the session continues buyers re-emerge as sellers face headwinds from 1.1500 level. This week should be quieter than the previous one, but noteworthy […]
EURUSD Price Analysis – November 1 Following the largest daily loss since mid-June, the EURUSD has been stuck at 1.1546. As the US dollar reverses Friday’s big gain amid rising market sentiment, the pair is trying to extend its recovery from two-week lows of 1.1535. The ISM Manufacturing PMI for October came in slightly higher […]
EURUSD Price Analysis – October 18 The EURUSD pair sought to recover from its 1.1571 low earlier in the day, but fell short at 1.1622, reverting to depths below the key 1.1650. In a larger sense, the pair is still unable to break above the October high of 1.1640. The rising attempts have been hampered […]
