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EUR/USD Stays Around 1.1870 as US CPI Drops to 2.4%

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

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EUR/USD Stays Steady at 1.18–1.19 as 130K NFP Alters Fed Expectations

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

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EUR/USD Stays Around 1.19 as Dollar Dips on Weak US Data

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

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EUR/USD Stays at 1.19 as DXY Dips to 96.70

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

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EUR/USD Eyes 1.2000 as DXY Dips Under 98

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

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EUR/USD Consolidating Near 1.18 as Markets Brace for US Jobs and CPI

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

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EUR/USD Stays Strong at 1.1770 as DXY Remains Under 98

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

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EUR/USD Pauses at 1.179 as ECB Stays at 2.15%

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

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EUR/USD Stays at 1.18 as DXY Dips to 97.4 – 1.20

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

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EUR/USD Dips Over 1.20 as Warsh Nomination Boosts Dollar

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