EURUSD

The EURUSD has been on quite a journey lately. We’ve seen a significant upward move from 1.1026, pushing all the way up to an impressive high of 1.1154. However, as often happens in the forex market, what goes up must come down – at least temporarily. Signs of a Completed Upward Move The recent pullback…

The EURUSD currency pair is currently facing a significant resistance level at 1.1100. As long as this resistance holds, the recent bounce from 1.1026 may simply be a consolidation phase in the ongoing downtrend that started from 1.1201. If this consolidation continues, we could see another decline shortly after. The initial support to watch is…

The EURUSD currency pair has continued its downward trajectory, dipping from a high of 1.1201 to a low of 1.1041. Currently, a crucial resistance level to monitor is at 1.1100. As long as the price remains below this 1.1100 resistance, we can expect the downtrend to persist, with the next target likely around the 1.1000…

The EURUSD pair has been on a downward trajectory, falling from a recent high of 1.1201. This decline has extended to a low of 1.1055, a level that’s now under close scrutiny by traders and analysts alike. Technical Analysis: Key Levels to Watch Support Levels Resistance Levels Potential Scenarios Bearish Case The current downtrend suggests…

The EURUSD pair has recently broken below the rising price channel visible on the 4-hour chart. This development has brought the pair face-to-face with a critical support level at 1.1097, leaving traders questioning whether this is a temporary pullback or the beginning of a more significant reversal. Key Levels to Watch Support Resistance Potential Scenarios…

For the past two days, the EURUSD pair has been trading in a narrow range between 1.1149 and 1.1201. This sideways movement comes after a notable uptrend that began at 1.0881, suggesting a potential period of consolidation. Technical Analysis: The Bigger Picture Despite the current consolidation, it’s crucial to view this in the context of…

The EURUSD pair has just achieved a significant milestone by breaking above the critical resistance level of 1.1173. This breakthrough has propelled the currency pair to new heights, extending its upward trajectory that began at 1.0881 and reaching an impressive peak of 1.1201. Technical Analysis: The Rising Channel A key feature of this bullish move…

EURUSD has pulled back from its recent high of 1.1173. The pair broke below the 1.1100 support level, signaling a potential pause in the uptrend that started at 1.0777. Short-Term Outlook: Big Picture View: Key Levels to Watch: What This Means for Traders: Remember, forex markets can change quickly. Always use proper risk management and…

EURUSD has been on an upward trajectory, climbing from 1.0777. The pair recently reached a high of 1.1173, showing strong bullish momentum. Key Levels to Watch: Technical Outlook: What Could Change the Outlook? Trader’s Takeaway: While the trend remains bullish, always be prepared for potential reversals or consolidations. Keep an eye on key levels and…

The Euro to US Dollar exchange rate (EUR/USD) has been on a strong upward trajectory, and the latest developments are quite exciting for traders. Let’s dive into the details. Breakthrough at 1.1100 EUR/USD has extended its upward move from the 1.0777 level, reaching as high as 1.1132. This is a significant milestone, as the pair…

The Euro to US Dollar exchange rate (EUR/USD) has made a significant move upwards. Let’s break down what’s happening and what it could mean for traders in the near future. Recent Breakthrough EUR/USD has broken above the key resistance level of 1.1047, extending its upward move from the recent low of 1.0777. The pair has…

The Euro to US Dollar exchange rate (EUR/USD) is at an interesting juncture. Let’s break down what’s happening and what it could mean for traders in the near future. Recent Developments What This Means for Bulls If EUR/USD breaks above 1.1047, it could signal a continuation of the upward trend that started at 1.0777. Here’s…