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 […]
EURUSD Price Analysis – September 13 In early Monday trading, the EURUSD opens the week in the red and continues its decline below the 1.18 level. At the time of writing, the pair has dropped even further, reaching new 3-week lows in the 1.1770 level. The resurgence of weakness is in response to the dollar’s […]
EURUSD Price Analysis – September 6 During the European session on Monday, the EURUSD is under pressure, trading below the 1.1900 marks. The stronger dollar has pulled the pair down to around 1.1860 intraday low at the time of writing. As the US dollar gains support after a dismal NFP-driven fall, the pair is retreating. […]
On the back of the increased offered position in the dollar, the pair trades in new multi-week highs as investors analyze Powell’s post-Jackson Hole remarks and cautionary message, while month-end flows add to the USD’s gloom. Dollar selling resumes today, with the EUR/USD finally breaching through the 1.18 level. The NZD, on the other hand, […]
EURUSD Price Analysis – August 30 The EURUSD pair reached a high of 1.1809 and is now holding gains around the 1.1800 mark. Although following the release of the latest Eurozone sentiment figures, the euro remained positive posting modest intraday gains. Key LevelsResistance Levels: 1.1975, 1.1908, 1.1850Support Levels: 1.1750, 1.1704, 1.1663EURUSD Long term Trend: BearishAny […]
EURJPY Price Analysis – August 20 On Friday, the EURJPY continued much under attack at current levels within the 128.00 area. A further decline might take the price down to the 127.00 level. In terms of policy, the gap between the Federal Reserve and the European Central Bank (ECB) is anticipated to increase in the […]
