Tag: Technical

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...

Daily Technical Analysis EUR/USD: The Pair Rises Nearly 1% This Week Ahead of Jackson Hole

The most important event this week is the Federal Reserve's Jackson Hole symposium, where Fed Chairman Jerome Powell is expected to speak publicly on...

Daily Technical Analysis EUR/USD: Ahead of 1.0900 as Weak NFP Data Weighs on the Dollar

The EUR/USD extended its rally near the 1.0915 level at the start of the Asian session on Monday. The price rise is favored by...

Daily Technical Analysis EUR/USD: Rises Above 1.0850, With All Eyes on the Data

The EUR/USD is up slightly, trading around the 1.0860 level in early Asian trading hours on Monday. The pair rose as market traders widely...

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