EURUSD

The week is off and running. What technical levels are there for the three major currency pairs for this trading day/week? In this video, I outline and explain where traders should focus not only today, but also as the week progresses.…

Looking for trade setups during the US Nonfarm Payrolls report? We have arrived! In case you missed this news, the EUR/USD pair looks like it is poised near a technical support level ahead of Uncle Sam's employment updates.EUR/USD for…

Bank of America says that with EUR/USD approaching the year-end target of 1.12, the pair has limited upside:Market expectations for interest rate cuts by the Fed and ECB are now fully priced in for 2024(I'll mention that after Powell spoke…

US PCE data was below expectations and helped push the US dollar lower. For EURUSD, the price moved above the swing zone between 1.1181 and 1.11897. Next targets are at 1.1200 and this week's high at 1.12130. Passing these levels will make…

EUR/USD started the day with a volatile up and down price movement. The price has been trading above and below the 100/200 hourly moving averages indicating uncertainty from buyers and sellers. In the morning video, I talked about the…

Basic OverviewYesterday, the US consumer confidence report surprised markets with the biggest decline since 2021. The labor market data in the report also fell significantly, and it generally leads the unemployment rate. The market has…

Investing.com - Citigroup Inc. reinforced its bearish stance, citing recent disappointing European economic activity data. Data released earlier this week showed that business activity in the eurozone contracted sharply this month. The…

Earlier today, in my introductory video, I highlighted the next major support level for the EUR/USD. This level was shown and highlighted between 1.1131 and 1.11399. Here is the clip...So what happened?Below is the chart of today's price…

In the opening video, for September 13, 2024, I take a look at three other major currency pairs - EURUSD, USJDPY, and GBPUSD. For the EUR/USD pair, it moved into a swing zone between 1.10976 and 1.11042 and found willing sellers.…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…