The recent political development in US strengthened the greenback and the EUR/USD pair dropped today and the current market price is 1.1110. Moreover US bulls migth gather additional power with the latest hawkish comments from Cleveland Fed ...

EUR/USD Daily Technical Analysis

This Wednesday caused risk aversion all over the financial space having in mind that US assets were set under huge pressure amid Trump’s latest scandals. Following this the EUR/USD pair marked fresh new high at 1.1150. It seems that now euro bulls ...

EUR/USD Daily Technical Analysis

Today the EUR/USD marked highest level since November 9 at 1.1095, supported by the good numbers from the macro data from the euro zone and the weak one from USA. Seems that bulls are determined to conquer the psychological level at 1.1100 and next ...

EUR/USD Daily Technical Analysis

Today the EUR/USD pair was challenged by the key level at 1.1000, but couldn’t conquer it. However technical indicators on the 4-hour time frame are keeping bullish stance and in the short-term we may expect euro bulls to push higher.

EUR/USD Daily Technical Analysis

The EUR/USD moved higher today and posted 3-day high at 1.0933 right after the release of the US economic data. A possible daily close below the 20-da SMA, currently standing at 1.0870, will hurt bulls’ strength.

EUR/USD Daily Technical Analysis

EUR/USD is falling back towards 1.0860 level with the European session underway. The indicators on the 4-hour chart are in the negative territory and suggest further downward pressure.

EUR/USD Daily Technical Analysis

The EUR/USD bounced slightly from the weekly low, but after Mario Draghi’s speach turned bearish again. The current market price is 1.0865 and interemediate support is seen at 1.0850. In case of breaking it, the pair could extend the downwards slope ...

EUR/USD Daily Technical Analysis

The hawkish Fed contributed to the weaker EUR/USD pair.In case ECB follow Fed’s decision, the pair pair might push higher towards 1.10 handle.

EUR/USD Daily Technical Analysis

Today the EUR/USD pair is extending its decline and moved below the 1.0900 level. The current market price is 1.0876, very close to last week’s low. The bearish tone is ongoing with next target seen at 1.0850.

EUR/USD Daily Technical Analysis

EUR/USD jumped to a six month high at 1.0987 last nigh and currently the price is hovering around 1.0975. Bulls are facing now immediate resistance at the 1.1000 psychological level.

EUR/USD Daily Technical Analysis

The EUR/USD pair posted fresh weekly high at 1.0940 today, boosted by the good numbers on the euro zone macro data. But ot extend gains, bulls will have to conquer teh 1.0950 level.

EUR/USD Daily Technical Analysis

The last Fed’s meeting occured to be quite bored, rates remain unchanged with no clues for further move. The EUR/USD pair closed the day slightly below 1.0900 with neutral short term outlook.

EUR/USD Daily Technical Analysis

It was yet another quite day for the EUR/USD pair, with price hovering around 1.0900. In the short term the pair remains caught within the well know range.

EUR/USD Daily Technical Analysis

The EUR/USD pair remains in short term uptrend, despite the recent consolidation mode from the last six sessions of 1.0820 and 1.0950. Key resistance is seen at 1.0930 – 1.0950 area and in case bulls succeed to conquer it, next target is the ...

EUR/USD Daily Technical Analysis

EUR/USD closed the week at 1.0896 with having marked fresh high at 1.0950. Tehcnically the short term remains neutral with indicators at around mid-lines and the price hovering around the 20-day SMA.

EUR/USD Daily Technical Analysis

Ahead of German CPI and ECB decision today, the EUR/USD pair is struck in tight range between 1.0900 – 1.0920. Major resistance remains 1.0950 while first support is located at 1.0900.

EUR/USD Daily Technical Analysis

In the early Asian session bulls conquered the key resistance at 1.0950. The EUR/USD pair remains underpinned after the French elections and ahead of the expected hawkish hints from ECB today, the bullish tone is seen to be continued.

EUR/USD Daily Technical Analysis

EUR/USD started Tuesday in quite consolidation keeping range around 1.0865 – 1.0870 area. Bulls are gathering poewr for next leg higher, facing tomorrow’s US tax reform plans announcement.

EUR/USD Daily Technical Analysis

EUR/USD opened with bullish gap and climbed to a 5-month peak at 1.0939, but retreatred lower to currently trade at 1.0851. Resistance is seen at 1.0900 and higher at 1.0940. On the flip side first support is located at 1.0770 and lower at 1.0730.

EUR/USD Daily Technical Analysis

The euro closed the week higher against the US dollar, but from a fundamental viewpoint Monday opening will be highly dependant on the results of the French Presidential election.

EUR/USD Daily Technical Analysis