EURUSD was above it 200 hour moving average The EURUSD is now breaking above its 200-hour moving average at 1.10037. The 50% midpoint of the move down from last week’s high comes in at 1.1030 and is the next upside target. The high from last Friday and Monday came in near 1.1045. Those are also
EURUSD on the hourly chart The EURUSD dipped lower as popost-jobsolatility takes over. The technical’s are also in play in the EURUSD pair. The run to the upside today was able to extend above its 200 hour moving average and 38.2% retracement of the move down from last week’s high at 1.1002. The break that
EURUSD trades to a new session high The EURUSD has extended to a new session high as London/European traders look toward the end of week. The price is approaching the swing high from Monday near 1.10449. The high price from last Friday reached 1.10467. The 38.2% retracement of the move down from the July high
The EURUSD wandered lower this week and in the process dipped below the 50% midpoint of the range since the 2021 high on the daily chart at 1.0942. What the price in the EURUSD could not do is stay below the rising 100-day moving average currently at 1.09193. That moving average was tested on Wednesday
Share: Analysts at Rabobank see the US Dollar appreciating against the Euro and the Pound over the next few months. They point out that the relative resilience of the US economy suggests that it will be some time before monetary policy is eased. Key quotes: “Fitch’s decision to downgrade the US credit rating
Euro (EUR/USD, EUR/GBP) Analysis Recommended by Richard Snow Get Your Free EUR Forecast European Data Set the Bearish Tone Earlier in the Week The euro has experienced a sizeable selloff which only continued as the week progressed as EU data softened and US data remained relatively strong. On Monday we saw core inflation edge higher
EUR/USD, EUR/JPY PRICE FORECAST: Recommended by Zain Vawda Get Your Free EUR Forecast MOST READ: Dollar Index (DXY) Eyes Acceptance Above 100-Day MA, USD/CHF Ticks Higher EUR/USD has been on a steady decline since printing a fresh YTD high on July 18 around the 1.1275 mark. Yesterday saw an attempted push above the psychological 1.1000
EUR/USD & USD/JPY FORECAST: EUR/USD and USD/JPY will be very sensitive to the upcoming U.S. nonfarm payrolls report Market expectations suggest the U.S. economy created 200,000 jobs in July A strong headline print is likely to boost the U.S. dollar, weighing on the euro and the Japanese yen Recommended by Diego Colman Get Your Free
Euro, EUR/USD, Trendline Breakout, RSI Divergence – Technical Update: Euro is on the verge of confirming a key downside breakout Still, be wary of positive RSI divergence on the 4-hour chart What are key levels to watch for in EUR/USD near-term? Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro might be on
EURUSD holds support at the 100 day MA AGAIN The EURUSD has been stepping down today, and the focus for the pair was looking at its 100-day moving average (blue line currently at 1.09132). Recall that back in early July, the price approached that moving average on July 6 and found willing buyers (see chart
