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 […]
EURUSD Price Analysis – October 11 The EURUSD pair is under siege from sellers, dragging prices back to the mid-1.1500s at the start of the week. The recovery of the dollar’s buying sentiment, combined with higher US rates across the curve, encourages the US Dollar Index’s price action to shift to the upside. Key LevelsResistance […]
EURUSD Price Analysis – October 4 Following last week’s severe decline to lows at 1.1562, the pair rallies for the second straight session and reclaims the moving average 5 areas near 1.1640. The single currency returns towards its upside zone and brings the EURUSD pair back above the 1.1600 area at the start of the […]
EURUSD Price Analysis – September 27 After a three-week slump under 1.1720 into the early American session, EURUSD sellers are still at odds with buyers. The US Dollar Index depreciates little but remains over 92.70. The euro is being weighed down by Germany’s election results, following ECB’s Lagarde speech. Key LevelsResistance Levels: 1.1805, 1.1804, 1.1750Support […]
EURUSD Price Analysis – September 20 The single currency opens the week in the same gloomy mood as it ended the previous one, dragging EURUSD closer to the critical base level of 1.1700. Before the Fed’s second FOMC meeting this week, the US dollar is mounting a broad-based surge as the DXY hits a new […]
