Economic News Category

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

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August 19, 2021
EUR/USD refreshes nine-month low below 1.1700 as DXY challenges yearly top

EUR/USD refreshes nine-month low below 1.1700 as DXY challenges yearly top Generally speaking, EUR/USD is running across. As of late, EUR/USD weakened after the arrival of the hawkish Federal Reserve meeting minutes. A descending sloping direction line from June 18 difficulties EUR/USD bears around 1.1655 before guiding them to the late 2020 base encompassing 1.1600.

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August 18, 2021
EUR/USD Forecast: Refreshes 2021 low near 1.1700, bumpy road ahead

EUR/USD Forecast: Refreshes 2021 low near 1.1700, bumpy road ahead Generally speaking, EUR/USD is running across. As of late, EUR/USD broke the support zone of 1.17600. EUR/USD’s next support zone is at 1.16300 and the following resistance zone is at 1.17600. Search for transient buying chances of EUR/USD. The EUR/USD pair plunged as hazard avoidance

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August 17, 2021
EUR/USD Forecast: Retreating from 1.1800 but bears hesitate

EUR/USD Forecast: Retreating from 1.1800 but bears hesitate According to a specialized perspective, the EUR/USD pair is unbiased to-bullish. The 4-hour outline shows that the pair withdrew from a level 100 SMA, yet additionally that it holds over a bullish 20 SMA. The 4-hour graph shows that the pair withdrew from a level 100 SMA,

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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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