EURUSD

EUR/USD rose yesterday until it reached its 100 and 200 hour moving averages. Sellers took hold of this level and pushed the price lower during the Asian session as buyers came in support against its 100-day moving average (blue line at…

The daily chart is the main focus of EUR/USD at the moment:Daily chart of EUR/USDThe pair is falling back below the 1.0800 level currently, with the dollar remaining in control amid higher returns this week. The latter also affects the…

UBS has provided a forecast for the currency pair, suggesting that it may test the lower end of the current 1.05-1.10 range in the coming months. The company's analysts expect the pair to move towards 1.05-1.07 after the euro's…

Looking for more USD settings to trade? It looks like the EUR/USD pair has just fallen off the key Resistance zone! Will the pair continue its long-term downward trend in the next few days?EUR/USD 4-hour Forex chart Chart by…

Bank of America (BofA) has released its forecast for the currency market, predicting that the EUR/USD exchange rate will reach 1.12 by the end of the year. The bank's analysts expect most of the euro's appreciation to occur in…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

Caithpins/E+ via Getty Images LONDON (UKX) -0.19% UK Composite PMI fell to 52.80 points in May Germany (DAX:IND) +0.19% Germany's composite manufacturing PMI beat expectations in May France (CAC:IND) +0.27% HCOB France Services PMI…

Da-kook/E+ via Getty Images LONDON (UKX) -0.45% UK inflation fell to 2.3% in April, higher than market expectations of 2.1%. However, it is the lowest since July 2021. UK public sector net borrowing rose to £20.5 billion in April.…

Bank of America (BofA) analysts provided insights into currency market trends, pointing to a significant rally in the pair last week. This increase is due to the weak US CPI report. Bank of America signals indicate that the uptrend for…

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…