EURUSD

EURUSD extends to a new session high and in the process:It succeeded in breaking away from the 100-day moving average at 1.08235,The 61.8% retracement of the downward move from the March high at 1.08354 moved above it.It extends towards the…

Investing.com - The foreign exchange market appears to be turning bearish relative to the US dollar, according to Bank of America Securities, suggesting that the EUR/USD pair is on the verge of an upward breakout.Over the past week, option…

In this April 10 introductory video, I take a look at three of the major currency pairs from a technical perspective – EUR/USD, USD/JPY, and GBP/USD. In this report, I also take a quick look at the USD/CAD pair after a stronger than…

EUR/USD rises as the dollar is sold. Above 100 hours MA.The US dollar is under increasing pressure. Initial jobless claims in the US were weaker and began to decline. For EURUSD, it is moving above the technical zone defined by the swing…

Da-kook/E+ via Getty Images London (UKX) is closed for the bank holiday Germany (DAX:IND) +0.29% Germany's services PMI improved to 53.2 in April France (CAC:IND) +0.16% France's services PMI rose to 51.3 in April The services…

EURUSD rose sharply after the US jobs report, and in the process extended above the 50% midpoint of the move down from the March high and also the 200-day moving average (at 1.0797 currently). The price extended above those levels and the…

EURUSD breaks lower and moves away from the 100/200 hourly moving averagesAdmittedly, EURUSD is trading near the middle of the range between 1.0550 and 1.0743. The range has been in effect for the last 6 trading days or so. When the market…

Da-kook/E+ via Getty Images London (United Kingdom) +0.54% Germany (DAX:IND) +0.64% France (CAC:IND) +0.28% France's consumer confidence index fell to 90 in April 2024. Retail trade in Spain rose by 0.6% year-on-year in March…

UBS revised its outlook on the currency pair, citing increased downside risks that could push the euro below the 1.05 level against the US dollar. The change in perspective comes as the US economy shows greater resilience to high interest…

On Friday, Bank of America (BofA) revised its forecast for the currency pair, now expecting it to reach 1.12 by the end of the year, down from the previously anticipated 1.15. The adjustment follows a change in the Federal Reserve's…