Economic News Category

September 15, 2021
EUR/USD: Bears pressuring critical hourly pivot

EUR/USD: Bears pressuring critical hourly pivot Generally, EUR/USD is going across. As of late, EUR/USD broke over the critical resistance of 1.18 after the arrival of the frustrating U.S. CPI information, making USD weaken. The negative pressing factor could increment with a day-by-day close underneath 1.1790, where the 200-period SMA and the Fibonacci half retracement

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September 14, 2021
EUR/USD: Bulls struggle to close in the green, bears eye 1.1780

EUR/USD: Bulls struggle to close in the green, bears eye 1.1780 Generally speaking, EUR/USD is moving upwards. As of now, EUR/USD is trying to break over the critical resistance of 1.18. Its next support zone is at 1.17600 and the following resistance zone is at 1.19000. If EUR/USD breaks over the vital resistance of 1.18,

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September 13, 2021
EUR/USD remains pressured around 1.1810 during Monday’s Asian session

EUR/USD remains pressured around 1.1810 during Monday’s Asian session. According to a specialized point of view,  a transient sliding pattern channel may be viewed as a new trigger for bulls. This may have effectively made way for extra gains, back towards month-to-month swing highs – levels simply over the 1.1900 imprint. The energy could additionally

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September 10, 2021
EUR/USD edges lower in the Asian session, ECB left the key interest rates unchanged

EUR/USD edges lower in the Asian session, ECB left the key interest rates unchanged Generally speaking, EUR/USD is moving upwards. The EUR/USD pair bested at 1.1841, holding close by in front of the Asian opening. In the everyday outline, the danger is slanted to the potential gain, as the pair holds over a bullish 20 SMA,

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September 9, 2021
EUR/USD is consolidated at the 61.8% golden ratio, The ECB is the main event for today

EUR/USD is consolidated at the 61.8% golden ratio, The ECB is the main event for today The close term picture for EUR/USD shows that bears are in charge. In the 4-hour chart, the pair is creating under a negative 20 SMA, while the more extended moving midpoints keep up with their somewhat bullish inclines beneath

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