Bullish momentum increases in EURUSD market EURUSD Price Analysis – 16 January Should Bulls be unable to break through the $1.09 resistance level, the price may fall to the $1.07, $1.06, and $1.05 support levels. In case purchasers exert more pressure, EURUSD may break through the $1.09 resistance level, it can then increase to the […]
On Thursday, the EUR/USD currency pair saw an acceleration in its upside, reaching levels last seen in late April 2022, above the 1.0830 mark. This increase is due to a combination of factors, including increased selling pressure on the dollar, which was particularly exacerbated following the release of US inflation figures for December. The US […]
High bullish momentum in EURUSD market EURUSD Price Analysis – 09 January In case purchasers exert more pressure, EURUSD may break through the $1.07 resistance level, it can then increase to the $1.09 and $1.10 levels. Should the Bulls are unable to break through the $1.07 resistance level, the price may fall to the $1.06, […]
The euro-dollar (EUR/USD) pair continues to trade around 1.0600 following the release of the US Federal Reserve’s (Fed) December monetary policy minutes, which revealed that policymakers remain committed to combating inflation and do not foresee a rate reduction in 2023. As a result, the EUR/USD fell to 1.0585 before rising to the current price. The […]
Low bullish momentum in EURUSD market EURUSD Price Analysis – 02 January When the price breaks through the $1.07 resistance level, it can then go on to the $1.08 and $1.09 levels. EURUSD may fall to the $1.06, $1.05, and $1.04 support levels if the Bulls are unable to break through the $1.07 resistance level. […]
Low bullish momentum in EURUSD market EURUSD Price Analysis – 26 December The resistance levels of $1.06 may be broken, and the price may then go on to those of $1.07 and $1.08. If the Bulls are unable to overcome the $1.06 resistance level, EURUSD may drop to the $1.04, $1.03, and $1.02 support levels. […]
Low bearish and bullish momentum in EURUSD market EURUSD Price Analysis – 12 December The price may reach the resistance levels of $1.07 and $1.08 provided $1.06 level does not hold. Failure to break up the $1.06 resistance level by the Bulls may reduce the price to $1.04, $1.03, and $1.02 support levels. EUR/USD Market […]
Sellers’ pressure may increase in the EURUSD market soon EURUSD Price Analysis – 05 December Bulls may propel the price to the resistance level of $1.07, which may extend to $1.08, in case the daily candle closes above the resistance level of $1.06. When the bears oppose bulls at the $1.06 level, the price may […]
Sellers’ pressure may increase in the EURUSD market EURUSD Price Analysis – 28 November In case the daily candle close above the resistance level of $1.04, bulls may propel the price to the resistance level of $1.06, which may extend to $1.07. When the bears oppose bulls at the $1.04 level, EURUSD may decrease to […]
