Tag: Analysis

Daily Technical Analysis EUR/USD: The Pair Extends Decline Ahead of ECB Rate Decision

The EUR/USD pair continued its bearish trend on Tuesday, dropping about one-fifth of a percent and sliding below the 200-day Exponential Moving Average (EMA)....

Daily Technical Analysis EUR/USD: Indecision Dominates Trading

The EUR/USD pair held steady on Tuesday, unable to regain the 1.1000 level but pausing the recent Fibonacci retracement from the 1.1200 area. The...

Outlook for the Week of October 07-11

Key points to watch out for: U.S. CPI data to guide Fed rate cut bets and the dollar RBNZ expected to cut interest rates by 50...

Daily technical analysis EUR/USD: bounces back to 1.1050 after Tuesday’s decline

EUR/USD fell nearly six-tenths on Tuesday, finding a slight bounce from the 1.1050 level, as geopolitical tensions and sour economic data unnerved flows regarding...

Daily Technical Analysis EUR/USD: Pair Rises Above 1.1150 Amid Fed Rate Cut Bets

The EUR/USD started the week with an upward trend, trading around 1.1170. This rise was driven by the weakening U.S. dollar, due to growing...

Daily Technical Analysis EUR/USD: Pair Regains Ground on Dollar Weakness

EUR/USD moved away from the bearish trend and returned to touch recent high levels on Tuesday, making another unsuccessful attempt at 1.1200. The euro...

Outlook for the Week of September 23-27

Key points to watch out for: Swiss National Bank expected to ease rates for a third time; reduction could be 50 basis points RBA will not...

Daily Technical Analysis EUR/USD: Near 1.1150 with Eurozone PMI Data in Focus

The EUR/USD is holding near 1.1150 in the early hours of Monday's session. The U.S. dollar could lose value on the back of the...

Daily Technical Analysis EUR/USD: Pair Moves Towards 1.100 Ahead of This Week’s Fed Meeting

The EUR/USD has started the week on a positive note and has returned to around 1.1090 in the early hours of the Asian session...

Daily Technical Analysis EUR/USD: Losing Ground on German Inflation and ECB Rate Cuts

The EUR/USD retreated on Tuesday after the latest inflation report in one of the eurozone's most important economies, Germany, raised the possibility of an...

Outlook for the Week of September 9–13

Key points to watch out for: ECB expected to ease monetary policy again, but will it be “hawkish tapering” again?  U.S. CPI to be the last...

Daily Technical Analysis EUR/USD: Pair Seeks Support on Downward Pressure

The EUR/USD pair tilted lower during the day on Tuesday, with intraday bids at two-week lows before the day's session closed near 1.1050. Price...

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