EURUSD Price Analysis – October 8 EURUSD traverses without proper direction around the 1.1750/60 area in the second half of the week. Despite buying pressure, the popular European currency has dropped underneath the 1.1800 marks. Washington’s adverse headlines and fears about Europe’s coronavirus could drive the pair down. Key LevelsResistance Levels: 1.2011, 1.1917, 1.1807Support Levels: […]
EURUSD Price Analysis – October 5 EURUSD is holding at 1.1707, suggesting a reversal of the bearish trend towards the 1.1770 level. Eurozone investor confidence improved more-than-expected in September, according to the latest data released by the research group Sentix on Monday. Key LevelsResistance Levels: 1.2011, 1.1900, 1.1770Support Levels: 1.1685, 1.1495, 1.1350EURUSD Long term Trend: […]
EURUSD Price Analysis – October 1 EURUSD buying interest picks up traction near the 1.1770 region-or multi-day highs as the pair progresses on high expectations for a US fiscal agreement. The pair may be haunted by a possible deadlock in negotiations, fears of a disputed election, and growing US coronavirus infections. Key LevelsResistance Levels: 1.2011, […]
EURUSD Price Analysis – September 28 At the start of the week, the single currency is steering in an unclear path, while the bias around the near-term trend of EURUSD remains weak underneath the level of 1.1685. The pair is trading at the level of 1.1654 at press time, having put in a low level […]
EURUSD Price Analysis – September 24 The selloff around the single currency stays unhindered while EURUSD dives lower towards fresh 2-month lows in the 1.1645/40 range on Thursday. EURUSD is extending the phase lower for the 5th day in a row amidst the preference of investors for safe-haven reinforcing further the demand for the USD. […]
EURUSD Price Analysis – September 21 The continuation of the upside momentum in the EURUSD is at risk following the price movement below the 1.18 mark. The better start of the week in the greenback is forcing EURUSD to recede to fresh 2-day lows in the sub-1.18 area on Monday. Concerns about the second wave […]
EURUSD Price Analysis – September 17 EURUSD has retained range trading beyond 1.1750 level after approaching the 1.1740/35 levels during the early trading hours. The mixed Eurozone inflation data struggled to move the shared currency, as EURUSD retained its range beyond the 1.1750 level, with mild rallies on data release. Key LevelsResistance Levels: 1.2011, 1.1965, […]
EURUSD Price Analysis – September 14 The European currency versus the USD advances for the fourth consecutive session so far on Monday, on approach beyond the 1.1870 marks while keeping the buying bias unchanged despite the failed attempt to extend the prior week’s advance further north of the 1.19 handle. Key LevelsResistance Levels: 1.2011, 1.1965, […]
EURUSD Price Analysis – September 10 The Euro progresses higher in trading early Thursday, following positive gains around the 1.1830/40 levels hurting pessimistic sentiment in the near term. EURUSD has improved as investors expect the European Central Bank (ECB) to send out a message of confidence. Key LevelsResistance Levels: 1.2011, 1.1965, 1.1916Support Levels: 1.1750, 1.1685, […]
