The recent US labor report presented a notable upside surprise, influencing the direction of EUR/USD. Non-farm payrolls increased by 130,000 jobs, surpassing expectations of approximately 70,000, while the unemployment rate decreased from 4.4% to 4.3%. The combination indicates a persistently tight labor market, which clarifies why futures currently reflect approximately a 94% probability that the … Read more
The EUR/USD pair is currently stabilized around 1.1900 following a rejection at the February high close to 1.1925 and remaining below the late-January peak of approximately 1.1975. The pair remains approximately 1.1% above last week’s lows, indicating that the rebound phase is still in effect; however, the 1.1925–1.1975 range is clearly acting as a supply … Read more
EUR/USD is currently positioned near $1.1900–$1.1910 following an approximate 0.9% increase on Monday. This movement is primarily influenced by a softer US Dollar rather than a significant surge in Euro strength. The US Dollar Index has reached its lowest point since early 2022, falling below 97.00 and finding stability around $96.90, with an important short-term … Read more
The EUR/USD pair is currently fluctuating within the range of 1.1860 to 1.1910, having successfully moved above the 1.18 level and reaching one-week highs. The recent movement is not merely a coincidental short squeeze. The analysis indicates a foundation on widespread US Dollar weakness, a positive shift in Euro-area sentiment, and a clear bullish structure … Read more
EUR/USD is currently positioned between 1.18 and 1.1820, following a week that saw an ascent towards 1.1875 on Monday, which subsequently retraced. The price is positioned at the upper band of the recent structure, with a defined range approximately between 1.1780 on the lower end and 1.1900 on the upper end. The current level remains … Read more
The EUR/USD pair is currently positioned between 1.1770 and 1.1790, resting on a significant support area that has characterized the most recent phase of the movement. The pair has retraced from a recent peak around 1.2050; however, the medium-term framework stemming from the 1.1578 low continues to exhibit higher highs and higher lows, indicating a … Read more
The EUR/USD pair is currently positioned at approximately 1.179, having struggled to maintain the breakout beyond 1.2000 and retreating from the four-year peak of 1.2085. The price has recently reached a two-week low close to 1.1777, with intraday support forming around the range of 1.1775–1.1780, as buyers attempt to maintain that level for the second … Read more
The EUR/USD pair is currently stabilizing following a significant surge that brought it to its peak level since June 2021, approaching 1.2000 last week. The recent pullback encountered support within the 1.1780–1.1775 range, attracting dip-buyers, and the spot is currently fluctuating between 1.1815 and 1.1830 during the early sessions of European and Asian trading. The … Read more
The EUR/USD has reached a critical juncture, aligning precisely with expectations. Following a decline from the 1.2050 high, the pair encountered significant buying interest near the 1.1800 mark, which is now serving as a pivotal point rather than merely an intraday level. Monday’s movement downward examined the lower range and momentarily challenged the 1.1737–1.1700 area, … Read more
The sharp adjustment following Kevin Warsh’s appointment to lead the Fed has impacted EUR/USD precisely at its most susceptible point: amid inflated valuations and a strong consensus anticipating a weaker dollar. The cross has recently surged to new four-year highs exceeding 1.20, following a 4% increase from the January low of approximately 1.1598. Meanwhile, the … Read more