Economic News Category

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

Read more
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,

Read more
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

Read more
September 8, 2021
EUR/USD snapped two-day downtrend, picking up bids around 1.1850 during early Wednesday

EUR/USD snapped two-day downtrend, picking up bids around 1.1850 during early Wednesday Generally speaking, EUR/USD is moving upwards. The eurozone and German ZEW Economic Sentiment information delivered yesterday demonstrated a general decrease in the degree of positive thinking from the studied institutional financial backers and examiners. EUR/USD’s next support zone is at 1.17600 and the

Read more
September 7, 2021
EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday

EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday Generally, EUR/USD is moving upwards. As of late, EUR/USD rebounded off the resistance zone of 1.19000. Measuring the most recent bullish run between the year low at 1.1663 and the post-NFP high at 1.1908, the 23.6% retracement is situated at 1.1850, the quick help

Read more