EUR/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 […]
EUR/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 […]
EUR/USD remains pressured around three-week lows, consolidate the biggest daily fall
EUR/USD remains pressured around three-week lows, consolidate the biggest daily fall Generally speaking, EUR/USD is going across. As of late, EUR/USD broke underneath the vital resistance of 1.18 after the arrival of the solid U.S. retail deals information. In any case, the specialized standpoint is probably going to stay negative except if the pair makes […]
EUR/USD finished the week in green with additional potential for gains
EUR/USD finished the week in green with additional potential for gains The EUR/USD pair has adjusted from yearly lows, finishing the day just underneath the 23.6% retracement of its May/August droop at 1.1805. In the daily chart, the pair settled over a negative 20 SMA, while specialized pointers crossed into positive levels, keeping up with […]
Xtreamforex Technical Market Update
Xtreamforex Technical Market Update The EUR/USD pair reached an intraday high of 1.1747, suffering a minor setback during US trading hours but ending the day with gains in the 1.1740 price zone. The EUR/USD pair is bullish in the close to term, even though its vertical potential is restricted as long as it remains beneath […]
EUR/USD refreshes nine-month low below 1.1700 as DXY challenges yearly top
EUR/USD refreshes nine-month low below 1.1700 as DXY challenges yearly top Generally speaking, EUR/USD is running across. As of late, EUR/USD weakened after the arrival of the hawkish Federal Reserve meeting minutes. A descending sloping direction line from June 18 difficulties EUR/USD bears around 1.1655 before guiding them to the late 2020 base encompassing 1.1600. […]
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, […]
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 […]
Xtreamforex FX News Wrap
Xtreamforex FX News Wrap The dollar is attempting to recover some ground in early US meetings after more grounded than anticipated PPI. Both starting and proceeding with jobless cases likewise kept on moving lower. The greenback is trailed by Euro and Yen while Aussie and Kiwi are mildest. However, significant combines and crosses are remaining […]
Australia business confidence collapses, virus outbreak accelerates
Australia business confidence collapses, virus outbreak accelerates There were some minor FX moves just during the meeting. The US dollar added on somewhat more strength, most outstandingly against NZD, AUD, and CAD, having said these reaches were not enormous. EUR and GBP likewise slipped a little against the USD while the yen is CHF is […]
Xtreamforex Asia FX news wrap: Gold smashed lower, rebounds
Xtreamforex Asia FX news wrap: Gold smashed lower, rebounds Gold plunged before long the launch of Sunday evening US fates exchange with a fast drop towards $1680, down around $80. The move came at an extremely low liquidity time, it doesn’t get a lot more unfortunate than a Sunday evening, which is early Monday Asia […]
EUR/USD: 10-DMA tests corrective pullback above 1.1800
EUR/USD: 10-DMA tests corrective pullback above 1.1800 In general, EUR/USD is running across. As of late, EUR/USD weakened and bounced down from the critical resistance of 1.19 get-togethers hawkish comments on QE tightening conveyed by FOMC panel individuals. The EUR/USD pair traded around 1.1840 in front of the Asian opening and is in danger of […]
Xtreamforex Asia FX news wrap: NZD higher on the stunning jobs report
Xtreamforex Asia FX news wrap: NZD higher on the stunning jobs report The New Zealand dollar was a mover higher on the meeting, incited by an immense drop in the joblessness rate displayed in the most recent work report (see shots above). Every one of the four of New Zealand’s greatest banks is presently gauging […]
EUR/USD: Portrays negative set-up on D1 beneath 1.1900
EUR/USD: Portrays negative set-up on D1 beneath 1.1900 Generally speaking, EUR/USD is running across. As of late, EUR/USD neglected to break over the vital resistance of 1.19. The eurozone swelling information delivered last Friday demonstrated feature yearly expansion in July keep on increasing at a higher rate while center swelling declined marginally. The EUR/USD pair […]
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 […]
Xtreamforex Asia FX news wrap: Chinese stocks open higher
Xtreamforex Asia FX news wrap: Chinese stocks open higher The yen has acquired during the meeting, USD/JPY hit lows under 109.70. EUR, GBP, and CAD are on the whole up a little against the dollar additionally, to changing degrees (none recorded huge reaches). AUD and NZD slacked a little and are not a ton […]
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 […]
Xtreamforex Asia FX news wrap: Bitcoin surges towards $40,000
Xtreamforex Asia FX news wrap: Bitcoin surges towards $40,000 BTC/USD moved a little higher throughout the end of the week yet truly soared during the Asia morning. Its been on a consistent recuperation way since last week’s media occasion with Wood, Musk, and Dorsey yet truly flooded here today. The story that was applied (accounts […]