EUR/USD seems to be consolidating the recent downside below 1.1600
EUR/USD seems to be consolidating the recent downside below 1.1600 The EUR/USD pair completed the day with sharp losses, dying to a fifth continuous day. The everyday chart shows that specialized markers keep up with their sharp negative slant, notwithstanding they are at present creating inside oversold levels. The 20 SMA has sped up its
Read moreEUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low
EUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low The EUR/USD pair is down for a fourth continuous day, without any indications of surrendering. In the close to term, and as per the 4-hour outline, the negative potential is as yet solid, as specialized pointers head immovably lower inside regrettable levels,
Read moreEUR/USD treads water below 1.1700, consolidating the three-day downtrend
EUR/USD treads water below 1.1700, consolidating the three-day downtrend EUR/USD stays coordinated towards the yearly low of 1.1664 except if crossing the 1.1715 opposition conversion, including 10-DMA and a sliding pattern line from September 03. By and large, EUR/USD is moving downwards. As of late, EUR/USD tried however neglected to break over the vital degree
Read moreEUR/USD bears have been in control on Tuesday and taking on critical support structures
EUR/USD bears have been in control on Tuesday and taking on critical support structures The EUR/USD pair trades around 1.1700, down for a second back-to-back day. The day-by-day chart shows that the danger stays slanted to the disadvantage, as the pair continues to create far under a negative 20 SMA, which meets with the half
Read moreEUR/USD is hovering above 1.1700, better bid amid the dollar weakness
EUR/USD is hovering above 1.1700, better bid amid the dollar weakness In general, EUR/USD is moving downwards. As of late, EUR/USD ricocheted up from the vital degree of 1.17. The German IFO Business Climate information delivered last Friday slipped amid continuous production network issues. The European Central Bank President Lagarde will affirm before the Committee
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