Economic News Category

October 14, 2021
EUR/USD is trading close to 1.1600, gathering strength for the next push higher

EUR/USD is trading close to 1.1600, gathering strength for the next push higher The EUR/USD pair traded as high as 1.1593, presently fostering a couple of pips beneath the level. The day-by-day outline shows that the current recuperation could well be viewed as restorative, as the pair stays under a solidly negative 20 SMA, presently

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October 13, 2021
EUR/USD is trading above 1.1550, extending the bounce from yearly lows of 1.1524

EUR/USD is trading above 1.1550, extending the bounce from yearly lows of 1.1524 Generally speaking, EUR/USD is moving downwards. The EUR/USD pair exchanges a small bunch of pips over the referenced 2021 low, down for a second successive day. Specialized readings in the day-by-day outline favor another leg lower as the pair grows well underneath

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October 12, 2021
EUR/USD remains muted in the early Asian session on Tuesday.

EUR/USD remains muted in the early Asian session on Tuesday The EUR/USD pair right now trades the 1.1560 value zone, holding its characteristically negative position, as it combines close to its 2021 low at 1.1528. The 4-hour chart shows that the cost is drifting around a somewhat negative 20 SMA, while the more drawn-out moving

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October 11, 2021
EUR/USD flirts with short-term resistance below 1.1600

EUR/USD flirts with short-term resistance below 1.1600 Generally speaking, EUR/USD is moving downwards. The US Nonfarm Payrolls report showed that the nation added simply 194K positions in September. Opinions flipped from negative to positive, with mobilizing values harming the dollar. EUR/USD solidifies losses close to its 2021 low, has space to expand its droop. Furthermore

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October 8, 2021
EUR/USD is trading on the front foot above 1.1550 amid a risk-on market

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,

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