Tag: Technical

Daily Technical Analysis EUR/USD: Pair Nears 16-Week Low, Stays Negative

EUR/USD extended its downward movement on Tuesday, retreating about 0.16% and testing a key technical barrier that could lead to fresh 16-week lows if...

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...

Daily Technical Analysis EUR/USD: Near Its Lowest Level Since Mid-August and Fragile at 1.0975

EUR/USD starts the week with subdued sentiment after last week's sharp losses, bringing the pair to its lowest level since mid-August following positive U.S....

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 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...

Daily Technical Analysis: EUR/USD Trades Below 1.100 on Possible ECB Rate Cuts

The EUR/USD is attempting to recover last session's losses and is trading around 1.090 during Monday's Asian session. However, the EUR/USD's gains may be...

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...

Daily Technical Analysis EUR/USD: Rises to Near 1.1050 on Fed’s Dovish Tone

The EUR/USD breaks its three-day losing streak and trades around 1.1050 during the Asian session on Monday. The rise in the EUR/USD could be...

Daily Technical Analysis EUR/USD: A Deeper Upward Momentum Is Expected

The EUR/USD rose on Tuesday, benefiting from the continued easing in the markets relative to the U.S. dollar. The pair returned to recent highs...

Daily Technical Analysis EUR/USD: Moves Up to Around 1.1200 on Powell’s Conservative Fed Stance

The EUR/USD is extending its gains for the second session in a row, trading around 1.1190 during the Asian session on Monday. This rise...

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