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Daily Technical

Daily Technical Analysis: EUR/USD Returns to 1.05 Level Amid U.S. CPI Inflation and ECB Interest Rate Meeting

Analysis
The EUR/USD pair lost nearly 0.2% on Tuesday, marking its third consecutive day of declines and testing the critical 1.0500 level as the euro's short-term bullish recovery wanes. The pair has shifted to a more cautious...

Daily Technical Analysis EUR/USD : Expectations Focus on the European Central Bank’s Resolution and the US CPI

Analysis
The EUR/USD starts the week with attention on the European Central Bank's (ECB) latest policy decision scheduled for December 12, where markets anticipate a 25 basis point rate cut. Political Turmoil in France Weighs on the Euro The...

Daily Technical Analysis EUR/USD: Continued Downward Trajectory

Analysis
The EUR/USD pair continued its decline on Tuesday, struggling against the 1.0500 level, as momentum for an upward push toward 1.0600 seems to be...

Daily Technical Analysis EUR/USD: EUR/USD Plunges Below 1.0550 Amid Lagarde’s Statement and U.S. PMI Data

Analysis
EUR/USD is under selling pressure around 1.0530 during early trading hours, driven by a strengthening U.S. dollar. Investors are keenly anticipating European Central Bank...

Daily Technical Analysis EUR/USD: EUR/USD Looks for Resistance Around 1.0500 After Bouncing Off Two-Year Lows

Analysis
The EUR/USD is recovering after hitting a two-year low of 1.0332 on Friday and is currently trading near 1.0480 at the time of writing....

Daily Technical Analysis EUR/USD: The Pair Is Expected to Break Above the 1.06 Level

Analysis
During Tuesday's trading, the EUR/USD pair fluctuated between 1.0550 and 1.0600, initially attempting to move lower but recovering slightly to close down about 0.14%...

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