Economic News Category

July 5, 2021
Euro/dollar keeps experiencing drawback momentum on the four-hour chart

Euro/dollar keeps experiencing drawback momentum on the four-hour chart   Generally speaking, EUR/USD is moving downwards. EUR/USD bulls step in and focus on a retest of the M-arrangement’s neck area. Hourly H&S may likewise be in play for the bullish conviction. While the objective region was accomplished, there was consistently the danger of the value

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July 2, 2021
EUR/USD: On the way to another critical support around 1.1800

EUR/USD: On the way to another critical support around 1.1800 In general, EUR/USD is moving downwards. The EUR/USD holds a firm bearish tone. The bounce-back was covered somewhat underneath the 20-SMA in the 4-hour graph. A break under 1.1835 would debilitate the pair further, uncovering 1.1800. Low instability is normal in front of Friday’s Asian

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July 1, 2021
EUR/USD: Further drawback pivots upon 1.1845 break

EUR/USD: Further drawback pivots upon 1.1845 break Generally, EUR/USD is moving downwards. As of late, EUR/USD skipped down from the vital resistance of 1.19. The eurozone CPI streak gauge y/y information delivered yesterday showed a slight decrease in yearly swelling in June. European Central Bank President Lagarde will be talking later at 1500 (GMT+8). During

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June 30, 2021
The EUR/USD bears are in charge and are looking for an everyday disadvantage expansion

The EUR/USD bears are in charge and are looking for an everyday disadvantage expansion   Generally, EUR/USD is moving downwards. As of late, EUR/USD broke beneath the vital resistance of 1.19. The German Preliminary CPI m/m information (Actual: 0.4%, Forecast: 0.4%, Previous: 0.5%) delivered yesterday showed proceeded with ascend in swelling in June yet at

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June 29, 2021
EUR/USD wobbles in a rough reach above 1.1900

EUR/USD wobbles in a rough reach above 1.1900. Generally, EUR/USD is moving downwards. As of late, EUR/USD ricocheted up from the vital degree of 1.19. The German Preliminary CPI m/m information (Forecast: 0.4%, Previous: 0.5%) will be delivered today at provisional planning. European Central Bank President Lagarde will be talking later at 2140 (GMT+8). During

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