EURUSD Price Analysis – December 24 Euro Dollar Exchange Rate – EURUSD is expected to trade at 1.22 and higher in 2021 by the end of this quarter. After COVID-19 disrupted financial markets and the global economy in 2020, the US dollar as a whole has weakened. Participants in the European foreign exchange market hope […]
EURUSD Price Analysis – December 21 EURUSD fell below the 1.22 level and some subsequent selling could accelerate the corrective fall towards 1.2100. The resumption of the decline in major currencies may be associated with a rebound in the rally in the US dollar against its major counterparts. The US dollar index opened the week […]
EURUSD Price Analysis – December 17 The major European currency rose to a new 2020 high, surpassing 1.2220 during the London session, continuing its gains for four days in a row. A combination of supporting factors pushed the pair towards the 1.2200 marks, such as progress in stimulus talks and Brexit talks, which are responsible […]
EURUSD Price Analysis – December 15 EURUSD buyers continued with a long position while building on the gains of the prior two weeks which leaves an upside bias on the longer-term projections. The pair sustains upside bias near 2020 highs at 1.2177 level trading presently at 1.2144 level, as Brexit’s optimism weighed on the dollar’s […]
EURUSD Price Analysis – December 11 EURUSD continues its upward movement with decent gains, approaching the previous daily highs in the area of the 1.2150 level. The pair recorded a high at 1.2143 during the exit of the American session and after all the events at the ECB. The European Central Bank (ECB) has added […]
EURUSD Price Analysis – December 7 The major European currency adds to prior session corrective downside and takes EURUSD to fresh lows in the sub-1.2100 area. EURUSD appears to be fading after its upside run halts under barrier 1.2150 level. The pair is off its highs could extend its downward correction. Key LevelsResistance Levels: 1.2350, […]
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EURUSD Price Analysis – December 3 EURUSD has maintained an upside rally following the breach above the 1.2100 level and it’s poised to reach the 1.2150 level. The pair has been influenced by two main market drivers from the recent covid-19 vaccine breakthrough and the US fiscal stimulus package. All in all, it seems like […]
EURUSD Price Analysis – November 30 The EURUSD has continued its recent upside swing with an attempt to run through the 1.20 marks suggesting price is en route to its 2020 2-year high at 1.2011 level after days of range. The US dollar has also been on the back foot as news coming from the […]
