EUR/USD is currently positioned between 1.176 and 1.179, hovering just below the 1.1800 resistance level following a steady ascent. Meanwhile, the DXY remains in the vicinity of 97.9 to 98.1, facing resistance below approximately 98.70. The pair is navigating within a rising channel on the medium-term charts: the 50-EMA at approximately 1.1745 serves as the … Read more
EUR/USD is currently positioned between 1.1779 and 1.1800, hovering just below a short-term supply zone at 1.1800 following a consistent upward movement since late November. The price is currently navigating an upward channel on the 2-hour chart, with previous resistance levels at 1.1745–1.1750 now functioning as support and coinciding with the intraday trend line. The … Read more
The EUR/USD pair is currently positioned between 1.1790 and 1.1800, having recently reached a three-month peak at 1.1808. The action occurs in light of a robust 4.3% annualized US GDP figure for Q3, an increase from approximately 3.8%, which typically would have bolstered the USD under standard conditions. The recent uptick in the dollar proved … Read more
EUR/USD is currently positioned between 1.1720 and 1.1750, having halted a four-day decline and gaining momentum as liquidity increases in the Christmas week. The pair is not experiencing an upward movement based on optimism. The market is experiencing a rally driven by a combination of factors: a softer USD tone, adjustments in the rate path, … Read more
The EUR/USD pair has increased from approximately 1.16440 prior to the recent Fed decision, reaching a peak above 1.18030. However, each attempt to maintain levels in the 1.18 range is met with selling pressure. The pair tested the 1.17030 level on both Wednesday and Friday, indicating that while buyers are willing to support dips, they … Read more
EUR/USD has retraced to the 1.1710–1.1740 range following its test of the 1.18 level, yet the fundamental macro backdrop remains favorable for the euro. The ECB has maintained its key rate at 2.00% for the fourth consecutive meeting, while also increasing its growth and inflation projections for 2026. Core Eurozone inflation remains at approximately 3.1%, … Read more
The EUR/USD pair is currently positioned between 1.1710 and 1.1720 following four consecutive days of declines. Nevertheless, it retains the majority of its approximately 2% rally over the past three weeks and continues to operate within a distinct upward trend. The price has retraced from this week’s three-month peak at 1.1804 and is currently examining … Read more
The fundamental configuration in EUR/USD features a 2.0% ECB deposit rate maintained, juxtaposed with a Fed that recently experienced a headline CPI decline to 2.7% year-on-year, compared to a consensus of 3.1%. The interplay of these factors diminishes the strength of the USD narrative, particularly as the ECB indicates that its current policy stance is … Read more
EUR/USD is currently positioned between 1.1720 and 1.1730 as of December 17, experiencing a pullback from the 1.1780 peak observed at the end of the previous week, yet maintaining a distinctly positive framework. The pair has decreased approximately 0.2–0.3% today after reaching a 12-week peak exceeding 1.1780. However, it continues to trade above the critical … Read more
EUR/USD remains stable above 1.1700, currently trading near the 1.1760–1.1780 range, following a two-month peak at approximately 1.1768. Each advance toward the 1.1770–1.1800 range is encountering profit-taking instead of strong selling pressure, indicating a balanced two-way market rather than a trend reversal. The pair is currently experiencing a slight upward trend in the short term, … Read more