Economic News Category

September 28, 2021
EUR/USD bears have been in control on Tuesday and taking on critical support structures

EUR/USD bears have been in control on Tuesday and taking on critical support structures The EUR/USD pair trades around 1.1700, down for a second back-to-back day. The day-by-day chart shows that the danger stays slanted to the disadvantage, as the pair continues to create far under a negative 20 SMA, which meets with the half

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September 27, 2021
EUR/USD is hovering above 1.1700, better bid amid the dollar weakness

EUR/USD is hovering above 1.1700, better bid amid the dollar weakness In general, EUR/USD is moving downwards. As of late, EUR/USD ricocheted up from the vital degree of 1.17. The German IFO Business Climate information delivered last Friday slipped amid continuous production network issues. The European Central Bank President Lagarde will affirm before the Committee

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September 20, 2021
EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed

EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed Generally, EUR/USD is running across. As of late, EUR/USD broke the support zone of 1.17600. The Relative Strength Index on the four-hour graph is over 30, subsequently outside oversold conditions. Energy is to the disadvantage and the pair’s new adjustment has still

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September 17, 2021
EUR/USD remains pressured around three-week lows, consolidate the biggest daily fall

EUR/USD remains pressured around three-week lows, consolidate the biggest daily fall Generally speaking, EUR/USD is going across. As of late, EUR/USD broke underneath the vital resistance of 1.18 after the arrival of the solid U.S. retail deals information. In any case, the specialized standpoint is probably going to stay negative except if the pair makes

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September 16, 2021
EUR/USD edges higher around 1.1820, during Thursday’s Asian session

EUR/USD edges higher around 1.1820, during Thursday’s Asian session EUR/USD keeps on trading underneath the 50 and 100-time frame SMAs. Regardless, the specialized improvements don’t highlight a negative change in the close term viewpoint. Generally speaking, EUR/USD is going across. As of late, EUR/USD ricocheted up from the vital resistance of 1.18. European Central Bank

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