Economic News Category

EUR/USD is trading on the front foot above 1.1550 amid a risk-on market According to a specialized perspective, the everyday chart shows that the EUR/USD pair is currently in danger of falling. In the referenced period, the pair exchanges far beneath its moving midpoints as a whole, which keep up with immovably negative inclines. Simultaneously,

EUR/USD seesaws around mid-1.1500s in the Asian session The EUR/USD pair combines losses toward the finish of the American meeting, at levels last found in July 2020. The decrease could keep as per specialized readings in the everyday graph, as markers keep up with their negative slants, with the RSI inside oversold readings. The 20

EUR/USD struggles for a clear direction within a bearish chart pattern In general, EUR/USD is moving downwards. As of late, EUR/USD bounced off the resistance zone of 1.16300. The danger is slanted to the disadvantage, as per the day-by-day chart, as specialized pointers have continued their decays after revising outrageous oversold readings. Simultaneously, the pair

EUR/USD is closing in on 1.1600, unable to hold on at higher levels The EUR/USD pair is up for a second continuous day, yet the development appears to be a simple adjustment. The pair has slowed down its recuperation of a small bunch of pips underneath the 23.6% retracement of its most recent everyday droop

EUR/USD battles1.1600 amid the dollar’s rebound The Relative Strength Index on the four-hour chart is simply under 30, accordingly in the oversold domain. That infers a ricochet is inevitable, yet it very well may be brief. Euro/dollar is experiencing huge drawback force and exchanges well underneath the 50, 100, and 200 Simple Moving Averages. Generally