Economic News Category

August 30, 2021
EUR/USD finished the week in green with additional potential for gains

EUR/USD finished the week in green with additional potential for gains The EUR/USD pair has adjusted from yearly lows, finishing the day just underneath the 23.6% retracement of its May/August droop at 1.1805. In the daily chart, the pair settled over a negative 20 SMA, while specialized pointers crossed into positive levels, keeping up with

Read more
August 26, 2021
EUR/USD sits down near the weekly top of 1.1774 amid sluggish early Asian session on Thursday

EUR/USD sits down near the weekly top of 1.1774 amid sluggish early Asian session on Thursday EUR/USD is moving downwards. EUR/USD sits inactive close to the week by week top of 1.1774 amid a drowsy early Asian meeting on Thursday. The cash significant pair rose during the most recent four days in the wake of

Read more
August 25, 2021
EUR/USD: Bear’s return eyes 1.1700 in front of US Durable Goods Orders snapping three-day uptrend ahead of the European open

EUR/USD: Bear’s return eyes 1.1700 in front of US Durable Goods Orders snapping three-day uptrend ahead of the European open Despite the new pullback, EUR/USD keeps Tuesday’s break of the falling wedge bullish development’s obstruction line amid bullish MACD, which thusly keeps the purchasers confident of intersection 20-DMA opposition close to 1.1775 except if the

Read more
August 24, 2021
Xtreamforex Technical Market Update

Xtreamforex Technical Market Update The EUR/USD pair reached an intraday high of 1.1747, suffering a minor setback during US trading hours but ending the day with gains in the 1.1740 price zone. The EUR/USD pair is bullish in the close to term, even though its vertical potential is restricted as long as it remains beneath

Read more
August 20, 2021
EUR/USD Price Analysis: head-and-shoulders confirmation eyed for further losses below 1.1700

EUR/USD Price Analysis: head-and-shoulders confirmation eyed for further losses below 1.1700 EUR/USD is moving downwards. As of late, EUR/USD proceeded to weakened because of the assumption that the U.S. Central bank will be tightening quantitative facilitating this year. Accordingly, it broke underneath the critical resistance of 1.17. Right now, EUR/USD is climbing towards the vital

Read more