Economic News Category

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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August 13, 2021
EUR/USD: Poised for further losses towards 1.1700

EUR/USD: Poised for further losses towards 1.1700 Generally, EUR/USD is moving downwards. The EUR/USD pair holds its unbiased position in the close term. The 4-hour graph shows that it has gone through the day floating around a somewhat negative 20 SMA, while the more drawn-out moving midpoints head lower, far over the current level. In

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August 12, 2021
EUR/USD: Rebound needs validation from 1.1770

EUR/USD: Rebound needs validation from 1.1770 Generally, EUR/USD is moving downwards. As of late, EUR/USD fortified get-together’s arrival of the U.S. CPI information that connotes a stoppage in inflation. The EUR/USD pair holds its unobtrusive intraday gains heading into the Asian opening, however, its bullish potential is restricted. The 4-hour outline shows that the cost

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