EURUSD Price Analysis – November 16 The market soared on COVID-19 vaccine news in the prior week as EURUSD posts fresh gains and risk-on weighs over the safe-haven greenback early on in the day. EURUSD trades in green in the 1.1850 neighborhood with its upside move staying unabated beyond the 1.1800 level as markets await […]
EURUSD Price Analysis – November 13 The EURUSD edged higher in the prior session as bears and bulls stay on the sideline at the 1.1800 marks. The dollar, however, recovered some ground ahead of the close. The number of newly reported coronavirus cases is growing exponentially, and the health systems are stressed in Europe. Key […]
EURUSD Price Analysis – November 9 EURUSD is off the highs as the pair retreats and stays beneath the 1.1900 level. The upbeat Eurozone Sentix data offered some temporary boost to the bulls but not enough to take out the 1.1900 resistance. Markets are eyeing further responses and coronavirus headlines. Key LevelsResistance Levels: 1.2011, 1.1917, […]
EURUSD Price Analysis – November 5 The buying bias remains on the EURUSD as it spikes for yet another session lifting the pair to a new weekly high past the 1.1800 level. Amid optimism on the markets, buyers cheer the prospects of a decisive result in the US elections. Key levelsResistance Levels: 1.2011, 1.1917, 1.1808Support […]
EURUSD Price Analysis – October 29 The single currency EURO came under pressure towards the 1.1685 level on a fresh wave of risk aversion. EURUSD sheds ground for the fourth consecutive session and managed to stabilize above the 1.1695 level after falling on Thursday amid the ECB monetary policy meeting. Key levelsResistance Levels: 1.2011, 1.1917, […]
EURUSD Price Analysis – October 26 Growing fears of a surge in Europe Covid-19 cases may slowdown economic recovery as new infections trigger stricter measures and prompt investors into safety. EURUSD risks a deeper decline at the 1.1800 level as buyers repeatedly failed to make a sustained break above the daily cloud top around the […]
EURUSD Price Analysis – October 22 The EURUSD pair exited overbought conditions and is ready to rally while correction sets in towards the 1.1807 regions. EURUSD has been keeping onto earnings arising from stimulus anticipation but foreign meddling in the US elections and increasing COVID-19 incidents may confine any earning. Key LevelsResistance Levels: 1.2150, 1.2011, […]
EURUSD Price Analysis – October 19 Following a recent drop to the 1.1690/80 bands, EURUSD trades at a striking range from the main barrier at 1.18 area, where some firm friction appears to have emerged. EURUSD rediscovers buyer attention in the vicinity of the mid 1.1700 level as the upside impetus picks up pace. More […]
EURUSD Price Analysis – October 15 The euro currency trends beneath the 1.1725 level against the US dollar, with buyers of EURUSD losing strength. The pair is trading lower at the level of 1.1705 at press time. As the US-German bond yield differentials are growing amid concerns of a lengthy coronavirus-induced recession across the Eurozone, […]
