Economic News Category

July 29, 2021
EUR/USD: Bulls prepare for 200-SMA obstacle around 1.1850

EUR/USD: Bulls prepare for 200-SMA obstacle around 1.1850 EUR/USD is moving downwards. The European Central Bank (ECB) will be delivering its minutes for the latest money-related approach meeting today at conditional planning. Right now, EUR/USD is trying the resistance zone of 1.18200 and the following support zone is at 1.16300. The EUR/USD pair tumbled to

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July 28, 2021
EUR/USD: Bulls knock the door ahead of Fed

EUR/USD: Bulls knock the door ahead of Fed   EUR/USD acquired almost 40 pips yesterday to close approach 1.1800. Notwithstanding, the pair appears to not be able to pass the 1.1800 resistance zone and indeed trading lower at 1.1780. The 1.1800 is going about as a solid resistance region while different supports are available at

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July 27, 2021
EUR/USD recovers 1.1800 imprints amid USD weakness

EUR/USD recovers 1.1800 imprints amid USD weakness   In general, EUR/USD is moving downwards. As of late, EUR/USD moved into the resistance zone of 1.18200. The EUR/USD pair floats around 1.1800 in front of the Asian opening and has space to expand its development. The 4-hour outline shows that it is right now a modest

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July 26, 2021
EUR/USD holds gains above 1.1750 amid wary mindset, USD slips

EUR/USD holds gains above 1.1750 amid wary mindset, USD slips Generally, EUR/USD is moving downwards. The French blaze PMI information delivered last Friday showed proceeded with development in business exercises though at a more slow rate. The German Ifo Business Climate information will be delivered later at 1600 (GMT+8).EUR/USD prints minor increases on Monday morning’s

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July 23, 2021
EUR/USD: Seesaws inside a month to month falling wedge underneath 1.1800

EUR/USD: Seesaws inside a month to month falling wedge underneath 1.1800 The EUR/USD pair trades at the lower end of its week after week range, negative in the close to term. The 4-hour diagram shows that the pair planned to break over the top of the relative channel that guides cost since June. The pair

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