Economic News Category

EUR/USD: Defends 1.1800 en route to two-month-old support Generally, EUR/USD is moving downwards. The eurozone and German ZEW Economic Sentiment information delivered yesterday showed positive thinking from the overviewed financial backers and investigators on the eurozone and the German economy stays high albeit the level has declined from the past discharge. The quarterly EU Economic

EUR/USD battled to discover bearing for as long as four meetings and anticipates for affirmation to trade directionally In general, EUR/USD is moving downwards. The eurozone and German ZEW Economic Sentiment information will be delivered later at 1700 (GMT+8). EUR/USD proceeds with its sideways development on Tuesday morning in the Asian exchanging meeting. The pair

Euro/dollar keeps experiencing drawback momentum on the four-hour chart   Generally speaking, EUR/USD is moving downwards. EUR/USD bulls step in and focus on a retest of the M-arrangement’s neck area. Hourly H&S may likewise be in play for the bullish conviction. While the objective region was accomplished, there was consistently the danger of the value

EUR/USD: On the way to another critical support around 1.1800 In general, EUR/USD is moving downwards. The EUR/USD holds a firm bearish tone. The bounce-back was covered somewhat underneath the 20-SMA in the 4-hour graph. A break under 1.1835 would debilitate the pair further, uncovering 1.1800. Low instability is normal in front of Friday’s Asian

EUR/USD: Further drawback pivots upon 1.1845 break Generally, EUR/USD is moving downwards. As of late, EUR/USD skipped down from the vital resistance of 1.19. The eurozone CPI streak gauge y/y information delivered yesterday showed a slight decrease in yearly swelling in June. European Central Bank President Lagarde will be talking later at 1500 (GMT+8). During