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
The PPI report in the US changed the dynamics for EUR/USD in just one session. Headline PPI increased by 0.5% month-over-month, while core PPI rose by 0.7% month-over-month, contrasting with the consensus expectation of 0.2% for each. This led to a recalibration of the anticipated second Fed cut in 2026, shifting it toward October, resulting … Read more
The recent shift in EUR/USD is primarily influenced by the change in Fed expectations following the confirmation of Kevin Warsh as the next Fed Chair. The pair recently approached the significant psychological level at 1.2000 and momentarily exceeded it. However, following the announcement of Warsh’s nomination, the dollar regained strength, causing EUR/USD to sharply decline … Read more
Kevin Warsh’s nomination as the next Fed chair has provided the USD with its first significant relief rally in weeks. Following a decline to a four-year low, the Greenback attracted buyers, contributing to a pullback in EUR/USD from the 1.2000–1.2080 range toward the 1.1900–1.1950 area. Markets interpreted Warsh as a more conventional central banker than … Read more
The EUR/USD pair is currently positioned near 1.1950, fluctuating within a narrow range between intraday peaks just below 1.2000 and a support level around 1.1900. The recent movement originating from the 1.1680 zone peaked around 1.2082–1.2085, a range that corresponds with a 261.8% Fibonacci extension of the previous 1.16–1.20 segment. The specified zone represents the … Read more