Economic News Category

August 16, 2021
EUR/USD: Bulls brace for 11-week-old hurdle around 1.1800

EUR/USD: Bulls brace for 11-week-old hurdle around 1.1800 The EUR/USD pair has lined at 1.1705 in the earlier week, while at 1.1703 in March, and would require now to break underneath the 1.1700 value zone to continue its negative pattern. The bullish case will be more grounded if the pair propels past 1.1920, very impossible

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August 13, 2021
EUR/USD: Poised for further losses towards 1.1700

EUR/USD: Poised for further losses towards 1.1700 Generally, EUR/USD is moving downwards. The EUR/USD pair holds its unbiased position in the close term. The 4-hour graph shows that it has gone through the day floating around a somewhat negative 20 SMA, while the more drawn-out moving midpoints head lower, far over the current level. In

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August 12, 2021
EUR/USD: Rebound needs validation from 1.1770

EUR/USD: Rebound needs validation from 1.1770 Generally, EUR/USD is moving downwards. As of late, EUR/USD fortified get-together’s arrival of the U.S. CPI information that connotes a stoppage in inflation. The EUR/USD pair holds its unobtrusive intraday gains heading into the Asian opening, however, its bullish potential is restricted. The 4-hour outline shows that the cost

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August 11, 2021
EUR/USD: 1.1700 challenges bears amid oversold RSI

EUR/USD: 1.1700 challenges bears amid oversold RSI Right now, EUR/USD is dropping down towards the critical resistance of 1.17. Its next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for momentary selling chances of EUR/USD on the off chance that it breaks beneath the critical resistance of 1.17. The

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August 10, 2021
EUR/USD: Bearish momentum intact below 1.1750

EUR/USD: Bearish momentum intact below 1.1750 EUR/USD‘s next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for selling chances of EUR/USD. Trading around its Monday’s low, the EUR/USD pair is negative in the close term, and ready to test March month to month low at 1.1703. In the 4-hour

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