EURUSD Price Analysis – July 20 EURUSD continued to trade around the 1.1452 high level as EU leaders prolonged Monday’s recovery fund meeting to another day. The old continent’s leaders have prolonged their bargaining for the fourth day, trading to sign off on a recovery fund – and they’re right on the brink of a […]
Day trading or swing trading? I find that to be a very loaded question. New traders are always curious to know which trading style is preferable. Although both trading styles have their distinct advantages and disadvantages, the important thing to find out is which of the two best suits your personality. In this article, we […]
The forex markets in today’s subdued trading are normally trapped within yesterday’s range. At the start of the session, Chinese stocks attempted a turnaround, but quickly switched to red again, continuing with the mini-crash on Thursday. But other Asian markets are mixed, with little close overnight reaction to weaker US. As for the week, Euro […]
The European Central Bank ( ECB) had its Thursday meeting. The central bank kept interest rates intact as planned and their purchase programs unaltered. The ECB could make improvements to the tiering multiplier after the summer break, according to the Research Department at BBVA. “In the past few weeks, there have been some assumptions about […]
EURUSD Price Analysis – July 16 EURUSD bulls reached the highest point since March at 1.1452 level before taking a breather beneath. However, it retains much of its momentum in what appears to be an essential and modest downside correction before the next bounce back as potential Markets fundamentals weigh in. Key LevelsResistance Levels: 1.1495, […]
EURUSD Price Analysis – July 13 EURUSD lengthens the recovery from the lows near 1.1257 level of Friday and accumulates ground on Monday around 1.1335/55 band. Fears about the second wave of coronavirus diseases have taken its toll on the global context of risk and driven some haven flows toward the USD. Key LevelsResistance Levels: […]
EURUSD Price Analysis – July 9 The EURUSD pair is currently trading about the same intraday level as the last session, around the 1.1290/1.1350 range, trying to climb back over 1.1350 level. EURUSD is easing prior day’s gain well beneath the 1.1300 level in a context where the risk appetite continues to be preferred among […]
EURUSD Price Analysis – July 6 EURUSD is striving to smash through the recent convergence zone and aims to crack the 1.13 barrier more compellingly. The EURO progressed in early Monday’s trading, up 0.5 percent after European session opening, supported by fresh risk aversion and economic recovery optimism. Key levelsResistance Levels: 1.1495, 1.1422, 1.1350Support Levels: […]
EURUSD Price Analysis – July 2 Since another fall into the region of 1.1183, EURUSD has restored buying interest and has now traded at 1.13 figures past the main barrier. The Euro grew overnight, powered by renewed risk-on sentiment following strong revision of data from ADP employment, stronger than anticipated from US manufacturing PMI and […]
