The Euro-US Dollar (EUR/USD) currency pair has seen some interesting moves this week. Traders have been on high alert, with heavyweight data releases from the Euro Area and the US on the horizon. Market sentiment has been swinging back and forth as traders try to digest the latest economic data and central bank commentary. US […]
It’s a tale as old as time: the euro and the U.S. dollar (EUR/USD) battling it out for currency supremacy. And in recent days, it seems the euro has gained the upper hand, as the pair rebounded on Thursday after a subdued performance in the previous session. While gains were limited, the euro managed to […]
Bears may dominate EURUSD market soon EURUSD Price Analysis – 17 April The price may drop deeper into the $1.07 and $1.06 barrier levels if the bears are successful in breaching the $1.09 support level. The price may increase toward the $1.09, $1.10, and $1.11 resistance levels if the Bulls are able to retain the […]
EUR/USD is the talk of the town as the pair continues to trade above the yearly high of 1.1033 against the US dollar. The bullish move is largely driven by the interest rate differential between the German 10-year bund yield and the US 10-year Treasury yield. In other words, investors are betting on the euro, […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY has broken through the resistance at level 145.00 as it aims for 150.84. Since March 1, the bulls have had trouble breaking through the resistance at level 145.00. On April 10, however, the bulls managed to overcome the […]
The EUR/USD currency pair held steady at 1.0900 on Friday following the release of mixed US jobs data. The euro (EUR) has had a decent week, with gains of 0.61%, but it failed to reclaim the 1.1000 level. The US Department of Labor released March’s job report, which showed that payrolls rose by 236K, slightly […]
The euro gained ground against the U.S. dollar on Thursday, breaking above the key 1.09 level and challenging this month’s high. The rally was driven by a combination of factors, including upbeat risk sentiment, a weaker greenback, and stronger-than-expected inflation data from Germany. The main catalyst for the euro’s rise was the release of the […]
Traders, you might want to keep an eye on the EUR/USD currency pair as it continues to rise. Since September 2022, the pair has been on a steep uptrend, thanks to a hawkish European Central Bank (ECB) and a weaker US dollar. The ECB has remained committed to raising rates until inflation shows significant signs […]
Bulls are dominating EURUSD market EURUSD Price Analysis – 13 March EURUSD may increase to the $1.09 and $1.10 resistance levels if the Bulls are able to break above the $1.07 barrier level. The $1.04 and $1.03 levels may be reached if sellers apply more pressure, pushing the price past the $1.06 support level. EUR/USD […]
