EUR/USD is fluctuating between 1.1790 and 1.1850 following a series of pressured sessions, with short-term movements adhering to a narrow range on both sides of the 1.1800 mark. Throughout the Asian trading session, the pair remained near 1.1790 following three days of declines, with the 14-day RSI positioned around 47. This indicates a reduction in … Read more
EUR/USD is fluctuating between 1.1840 and 1.1850 following a clear decline from the highs observed last week. The pair has previously tested the 1.1820–1.1830 demand zone and experienced a bounce; however, each recovery towards the 1.1860–1.1870 range is facing selling pressure. The price movement reflects a steady decline within the broader range of 1.1765–1.2000, with … Read more
The EUR/USD pair is currently positioned near 1.1840, continuing its decline over the past two days and remaining beneath the 1.1850 level, which has served as a temporary resistance point. Intraday ranges are consolidating around approximately 1.1830 to 1.1860, indicating a defensive market sentiment. The candles are consistently closing near their lows, reflecting a pattern … Read more
The EUR/USD pair is currently moving within a narrow range following its inability to maintain a position above 1.19. Stronger-than-expected US data caused the pair to pull back, yet the retreat stalled instead of collapsing, indicating that buyers remain active on dips. The most recent non-farm payrolls report showed an increase of approximately 130,000, significantly … Read more
In January, the US Consumer Price Index increased by 0.2% on a month-to-month basis and 2.4% on a year-over-year basis, falling short of the 2.5% forecast and decreasing from the previous 2.7% rate. Core CPI rose by 0.3% for the month, while the annual core rate decreased to 2.5% from the previous 2.6%. The combination … Read more
The EUR/USD pair is currently positioned around 1.186–1.187, following four sessions of constrained trading, oscillating within the range of approximately 1.1785 and 1.1930. The price continues to follow an upward trajectory, maintaining its position above the nine-day EMA close to 1.1860 and the 50-day EMA in the range of 1.1765–1.1766, with the shorter EMA positioned … Read more
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