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The single currency remains mired in the negative territory and drags EUR/USD to fresh multi-session lows below 0.9900 region at the beginning of the week. It ended Monday at around 0.9880, neutral to bullish in the daily chart. Equities in the US reflect a dampened market mood as traders brace...

The EURUSD finished Friday’s session almost flat at around 0.9960s with minuscule gains of 0.02%, the Shared currency recovered some ground against the USD at the New York close, slightly above its opening price. Wall Street finished the day with solid gains. Even though the narrative of a...

•EUR/USD accelerates the daily decline from tops near 1.0100, now comes under further downside pressure and prints new daily lows in the vicinity of 0.9960 on Thursday. It settled around 0.9970, still bullish in the daily chart. •Indeed, Chairwoman Lagarde emphasized the progress made by the...

•The euro is performing a surprising recovery after having appreciated more than 3% on a four-day rally. The common currency has stretched higher on Wednesday’s US session, breaching the previous session top at 1.0050 to reach 1.0085. •The US dollar has been on the defensive over the last...

•The EUR/USD advances sharply due to a soft US Dollar blamed on the Fed’s pivot narrative surrounding the financial markets. Also, solid US corporate earnings keep investors’ mood positive, despite the ongoing global economic slowdown. At the time of writing, the EUR/USD is trading at 0.9966...

•The EUR/USD makes a U-turn, pairing some of its earlier losses, amidst a critical week for the Euro, with the European Central Bank (ECB) monetary policy meeting on Thursday. The shared currency recovery is due to some US data reporting S&P Global PMIs, which showed the US economy continues to...

The US Dollar tumbled as traders braced for the weekend following a volatile session that initially witnessed the EURUSD hitting its daily lows of around 0.9704. Still, news that the Federal Reserve (Fed) officials will slow the rhythm of rate hikes lifted the Euro from its lows, propelling the...

•EUR/USD renews its intraday high around 0.9845 amid the fresh decline in the US dollar. In doing so, the quote pares the previous day’s losses, the biggest in two weeks, amid an absence of major data/events. The pair trimmed the gains and back to familiar range 0.9770 are to end Thursday...

Support Level: 0.9700- 0.9630- 0.9535 Resistance Level: 0.9850 - 0.9920- 1.0000 The EUR/USD retraces from daily highs of around 0.9853 due to Fed officials expressing the necessity of higher rates for longer. The pair ended Friday around 0.9800, still bearish in the daily chart. A bunch of Fed...

Resistance Level: 1.0200, 1.0280, 1.0370 Support Level : 0.9875, 0.9800, 0.9750 The EUR/USD rose from 0.9970 and climbed to 1.0035, hitting the highest level since Tuesday amid a reversal of the US dollar across the board following University of Michigan's Consumer Sentiment report. The pair...

Resistance Level: 1.0200, 1.0280, 1.0370 Support Level : 0.9875, 0.9800, 0.9750 The EUR/USD began trading at around 0.9980, sliding toward the daily low at 0.9955 in the early European session. However, fresh bids lifted the shared currency towards hitting the daily high at 1.0018 before...

Resistance Level: 1.0200, 1.0280, 1.0370 Support Level : 0.9875, 0.9800, 0.9750 The EUR/USD began trading near the day’s lows at 0.9955 but climbed toward the daily high above 1.0020 before losing the parity again. The pair ended Wednesday at 0.9980, bearish in the daily chart. Before Wall...

Resistance Level: 1.0200, 1.0280, 1.0370 Support Level : 0.9875, 0.9800, 0.9750 EUR/USD printed a fresh low in midday New York near 0.9970 and fell from a high of 1.0187 on the day following the US inflation data. It ended the day near the bottom, bearish in the daily chart. Consumer prices...

Resistance Level: 1.0200, 1.0280, 1.0370 Support Level : 1.0000, 0.9875, 0.9800 EUR/USD adds to Friday’s advance and tests fresh peaks near 1.0200 at the beginning of the week. It trimmed some gains but still hold above 1.0100, neutral to bullish in the daily chart. Extra gains in the pair...

Resistance Level: 1.0120, 1.0200, 1.0270 Support Level : 1.0000, 0.9875, 0.9800 EUR/USD regains upside traction and climbs to levels beyond 1.0100, or multi-week highs, on Friday. It soared above 1.0100 but ended the week with, neutral to bullish in the daily chart. Extra upside in the pair...

Resistance Level: 1.0000, 1.0090, 1.0200 Support Level : 0.9875, 0.9800, 0.9750 EUR/USD resumes the leg lower and breaks below the 0.9900 level to reach new 2-decade lows in the 0.9880/75 band on Monday. The pair ended Monday with some recovery to around 0.9930, still bearish in the daily...

Resistance Level: 1.0020, 1.0100, 1.0200 Support Level : 0.9900, 0.9850, 0.9800 The EUR/USD is moving without a clear direction on Thursday ahead of a key speech from Jerome Powell at the Jackson Hole Symposium. The pair failed to hold above parity and then pulled back, finding support above...

Resistance Level: 1.0000, 1.0100, 1.0200 Support Level : 0.9920, 0.9850, 0.9800 EUR/USD has been marking fresh lows below parity in the New York session. The cross has fallen from a high of 1.0046 to a low of 0.9926 on the day so far and is down by some 1% on the day. It settled around 0.9945...

Resistance Level: 1.0100, 1.0200, 1.0270 Support Level : 1.0000, 0.9950, 0.9900 The EUR/USD slides for the second consecutive day due to broad US dollar strength, courtesy of a dampened market mood spurred by Fed officials’ commentary, while US Treasury bond yield rise. The ended the week at...