ForexNewsPlus Updates

EUR/USD Stays at 1.17 as Fed Concerns Limit Rally Under 1.18

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

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EUR/USD Stays at 1.17 as Fed Remains Hawkish

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

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EUR/USD Stays Above 1.17 as Tariff Shock Impacts Dollar

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

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EUR/USD Dips Below 1.16 Amid Tariff Tensions

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

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EUR/USD Trapped Around 1.16 and Ranging 1.1550–1.1400 Support Rising

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

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EUR/USD Stalls at 1.16 as Dollar Index Targets 100

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

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EUR/USD Dips to 1.16 as Fed Data Boosts Dollar

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

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EUR/USD Trapped in Tight Range as CPI Risk Favors Dollar

EUR/USD is currently positioned within the 1.1660–1.1670 range, constrained within a narrow compression zone influenced by macroeconomic data, US political developments, and extended positioning dynamics. The pair has consistently upheld supports in the range of 1.1612–1.1620, while each effort to push higher encounters limitations below a substantial resistance zone spanning approximately 1.1686 to 1.1748. This … Read more

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EUR/USD Approaches 1.17 as Fed-Powell Crisis Boosts Euro

The EUR/USD pair is currently fluctuating within a narrow yet volatile range of 1.1650–1.1700, showing signs of recovery from the previous week’s low of 1.1617 and consistently testing the 1.1690–1.1700 area. The shift is influenced not solely by traditional growth or interest rate differentials; rather, it is propelled by a significant institutional impact on the … Read more

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EUR/USD Dips to 1.1650 Amid NFP and Tariff Concerns

The EUR/USD pair is currently positioned around 1.1650, having experienced five straight days of declines. This movement has reversed the late-December advance towards the 1.1770–1.1808 range, resulting in a retreat into the lower segment of the 1.1589–1.1917 framework. The decline aligns with a strengthening US Dollar and a market adjusting to US labor data, reflecting … Read more