While the EUR/USD pair was expecting the outcome of the European Central Bank monetary policy decision It traded at 1.0000. This continued as the request for USD slowed. The equity market battled hard to extend profits in Asia and Europe during the initial half of today. Although the majority of indexes recorded in-day profits. During […]
EUR/USD price fluctuates between 0.9906 -0.9935 before the European Central Bank (ECB) policy. Promises made by Gazprom to supply energy aren’t enough to satisfy the energy supply stoppage from the Nord street one pipeline to Europe. Additionally, the dollar index has renewed its 20 years height at 110.09 as the Non-farm Payroll printed an upbeat. […]
EUR/USD was able to regain above equality after its falling below it. This is happening after a big economic data was published in the United States. As the USD index strives to gain upward momentum, the pair remains in the green territory during the New York Session. The Money market took a better form on […]
EURUSD Price Analysis – August 29 In case the buyers push up the price above the resistance level of $1.00, the price may increase to test the resistance level of $1.01 which may extend to $1.03 level. When the bears’ momentum break down the support level of $0.99, the price may reach support levels of […]
EURUSD Price Analysis – August 22 When the bears’ momentum break down the support level of $0.99, the price may reach support levels of $0.80 and $0.70. In case the buyers push up the price above the resistance level of $1.00, the price may increase to test the resistance level of $1.01 which may extend […]
EUR/USD receives moderate bids near the in-day high. The pair is also preventing the previous day’s corrections from getting to a 3-week low. This has resulted in a fierce struggle between buyers and sellers before important data arrives from Europe and the United States. Furthermore, EUR/USD fluctuates near 1.080 level during the opening of the […]
EUR/USD struggle s to sustain beyond the 1.0200 level. However, the bad mood in the market exerted downward pressure on the pair. Energy problems in Europe contribute to the dismal performance of the pair. Nevertheless, the USD lagged for almost 12 hours. Subsequently, this allowed the EUR/USD to record an in-day height of 1.0247. Both […]
Yesterday EUR/USD was among the weakest pair, as it was bought and sold at around 1.0180. Averting risk was the predominant flow of the day in the Forex market. This occurred during the first two trading sessions when the United States House Speaker was deciding to visit Taiwan. However, this stoked the fire of the […]
EUR/USD was sold and bought under the 1.0200 price level. This happened even though the request for USD declined. ECB (European Central Bank) increased the interest rate by 50 bps but emphasized the development and inflation worries. EUR/USD boosted towards its every week height, following the announcement of a rate increase by the ECB. Furthermore, […]
