ForexNewsPlus Updates

EUR/USD Caught Between 1.17 Support and 1.18 Resistance

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

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AUD/USD Range-Bound as Dollar Strength Caps Upside

The AUD/USD pair continues to trade within a narrow range, showing only a slight recovery, as ongoing strength in the U.S. dollar constrains upside potential. Key technical levels outline possible price movements; however, fading rallies remains the preferred strategy given the lack of momentum and persistent macro uncertainty. AUD/USD showed a modest rebound during Thursday’s … Read more

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EUR/USD Stays at 1.1740 Amid Fed Cuts and Data Delays Test the 1.1762 Break

EUR/USD is currently positioned at approximately 1.1740–1.1741 following the recent 25 bp Fed cut, effectively maintaining its stance just below a clearly established resistance band rather than showing signs of reversal. The price is consolidating within the upper segment of the recent range, rather than retreating from it. Positioning indicates a cautious stance, yet remains … Read more

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EUR/USD Heads for $1.16 ECB Hawkishness Steadies Euro at $1.1622

EUR/USD is currently positioned at approximately 1.1622, exhibiting a narrow consolidation range as market participants prepare for the Federal Reserve’s concluding rate decision for 2025. The pair is positioned just above its 1.1605 support level, indicating a degree of investor uncertainty regarding the potential finality of the Fed’s 25-basis-point cut in this cycle. Current futures … Read more

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EUR/USD Steady at 1.1650 as PCE Inflation Data Drops

The EUR/USD pair is currently positioned at approximately 1.1650, continuing its erratic consolidation phase following a significant eight-day rally that paused near 1.1679—marking its peak in seven weeks. The euro is experiencing upward momentum, driven by robust Eurozone growth data and a general weakness in the U.S. dollar. However, it is now facing a significant … Read more

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EUR/USD Rises Before European Inflation Release

Amid renewed positive momentum, the Euro has demonstrated a robust performance this week, bolstered by favorable yield differentials. On dependable trading platforms, the EUR/USD exchange rate increased to the 1.1675 resistance level yesterday, Wednesday, bolstered by positive trends in bond markets. Recently, bond yields (the interest rate paid on government debt) have increased more rapidly … Read more