The EUR/USD pair has transitioned from a sideways movement to a trending phase. The pair is currently positioned between 1.1811 and 1.1826, marking a four-month peak, following a decisive breach of the 1.1775 trendline that linked the September and December highs, as well as surpassing the previous significant high at 1.1807. This action is not … Read more
EUR/USD is currently positioned between 1.1730 and 1.1750 following a notable rebound from the 1.1575 to 1.1590 range. The recent bounce has disrupted a short descending channel observed on both the 4-hour and daily charts, effectively transforming the structure into a rising short-term trend. The current price is situated just beneath the 1.1760–1.1769 range, marking … Read more
The EUR/USD pair is currently positioned between 1.1690 and 1.1685, experiencing intraday fluctuations that have reached as high as 1.1720, following a notable rebound from the low of 1.1575. The rebound of approximately 115 pips reflects the market’s direct reaction to a change in political risk, rather than mere random fluctuations. The current price is … Read more
The EUR/USD pair has transitioned from being viewed as a “parity candidate” to a relatively safe option as the political risks driven by the US are being reassessed. The pair has increased by over 1% in the last two sessions and is currently trading in the range of 1.1710–1.1720 following a clear upward breakout. Buyers … Read more
The EUR/USD rate is currently fluctuating within a narrow yet politically charged range. The price has fluctuated from a recent low of approximately 1.1576–1.1589, the lowest point in nearly two months and a seven-week low, to highs close to 1.1808, which represented a three-month peak in late December. The current movement of EUR/USD is fluctuating … Read more
The EUR/USD is currently experiencing a corrective bounce rather than indicating a trend reversal. The pair has bounced back from the 1.1575–1.1600 support area and is attempting to find stability around 1.16–1.1640. However, the overall trend remains negative as long as the price remains below 1.1640, 1.1655, and importantly, 1.1695–1.1740. Clearly defined levels indicate potential … Read more
The EUR/USD pair has transitioned from a steady ascent towards the 1.1750–1.1800 range into a measured decline that is currently probing the 1.16 level. Following a decline to a five-week low around 1.1618, the pair experienced a recovery towards approximately 1.1698; however, any advance beyond the 1.1660–1.1700 range is facing selling pressure. The spot rate … Read more
The EUR/USD pair is currently positioned between 1.1593 and 1.1600, with the latest quote at 1.1599, reflecting a decrease of approximately 0.08% for the day and a decline of about 0.3% over the past two sessions. The pressure is predominantly originating from the USD side. The US Dollar Index is currently positioned at approximately 99.38, … Read more
The EUR/USD pair is currently trading within the range of 1.1610 to 1.1620, following a recent decline to a six-week low of 1.1593. This marks the end of a period during which the pair maintained levels above 1.1700 and 1.1750. The pair is positioned distinctly beneath its significant short-term moving averages on both intraday and … Read more
EUR/USD is currently positioned between 1.1630 and 1.1656, hovering slightly above the recent one-month low range of 1.1615 to 1.1618, and significantly below the late-December peak around 1.1808 to 1.1810. Since reaching that Christmas peak, the pair has declined over 1.6%, establishing a distinct pattern of lower highs and lower lows. Every effort to rise … Read more