EURUSD Price Analysis – April 5 Early in the European session, the EURUSD pair surrenders its uptick beneath the mid 1.1700 level. The pair extended its decline in attempting to plunge the 1.1700 floors. Investors focused on quicker economic growth after the US employment report released Friday overtook forecasts, keeping the market upbeat. Key LevelsResistance […]
I-EUR / USD ithole ukusekelwa okuqinile ngaphezu kwezinga le-1.17 ngokwengqondo futhi manje seliphendukele phezulu. Ngokobuchwepheshe, ukubuyela emuva kwesikhashana kungaba kwemvelo ngemuva kokwehla okukhulu kwakamuva. Noma kunjalo, kufanele uqaphele njengoba i-US NFP, Isilinganiso Sokungasebenzi, kanye Nesilinganiso Sokuthola Amahora kungaletha ukuntengantenga okukhulu kamuva namhlanje. Imihlangano ye-EUR / USD ku […]
EURUSD Price Analysis – March 22 Despite an earlier improvement in the overall EURUSD outlook, the pair came under pressure as the price tanked towards a low level at 1.1870. EUR is holding well, however the pair can fall on a break below 1.1870 although posting a limited downside we can see a reversal from […]
Key Support: 1.1910 Key Resistance: 1.1940 – 1.1970 – 1.1990 Mid Term View The EURUSD has been falling for the past 3 weeks, about 3.36% (410 pips), but last week we saw a bottom at the test of the 1.1820 level. Now that price is trading above the 1.1910 (which confluences with the weekly pivot), […]
The recent market risk sentiment boost that spurred the S&P 500 to new record highs, caused the US to raise $120 billion in coupon sales and prompted the European Central Bank (ECB) to promise to “significantly” boost bond purchasing programs, appears to have fizzled out ahead of the weekend. Meanwhile, the US dollar index (DXY) […]
Ishiya inqubomgomo yezimali ingashintshiwe, i-ECB ibonise ukuthi izonyusa ukuthengwa kwempahla ezinyangeni ezizayo. Lesi sinyathelo simayelana nokukhuphuka kwemali yebhondi, okungase kuqinise izimo zezimali. Mayelana nokuthuthukiswa komnotho, ibhange eliphakathi lithe ukwehla okungenzeka ku-1Q21 kumazinga aphezulu okutheleleka nge-coronavirus, ukuguqulwa kwezakhi zofuzo, kanye nemikhawulo. Nokho, […]
EURUSD Price Analysis – March 9 The EURUSD plunged to a low of 1.1835 level early in the European session on Tuesday hitting the lowest level in months. At the time of this post, the pair rebounds from the low as loss of near term downward momentum is likely to keep price above mid 1.1800 […]
Will the 2020 United States presidential election upheave the markets? Part 2 What really happened in the markets when the results of the last US presidential elections started coming out? This piece is sequel to the article titled: “Will the 2020 United States presidential election upheave the markets?”. I said nothing new, nothing unprecedented would […]
EURUSD Price Analysis – March 1 The EURUSD pair topped near 1.2101 early on Monday during the European session and started a fresh decline. The currency pair looks south faces the probability of increased selling traction towards the 1.2020 levels during the session. The expected release of US- ISM may likely show robust growth in […]
