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Technical Market Update 8th June EUR/USD The pair is sloping nearby to the support line around 1.2165, The upward closing off the trend line from May which was close to 1.2115 also challenges the EUR/USD sellers before directing them to the support near 1.2095. The bearish trend below 1.2095...

TECHNICAL MARKET ANALYSIS 7th JUNE EUR/USD EUR/USD is currently strengthened after the release of the weaker than expected U.S. jobs report. The Eurozone Retail Sales data released last Friday indicated a decline in consumer spending in April. The pair is testing the support zone of 1.21500...

Technical update 4th June EUR/USD Currently, EUR/USD is testing the support zone of 1.21500, if the pair breaks this level then look for short-term selling opportunities until the release of the U.S jobs reports later in 2030 (GMT+8). Overall, the pair is trending upwards. Even if the euro...

Looking for the Technical perspective for the day EUR/USD EUR/USD remains sidelines around 1.2215 during the initial hours of Wednesday’s Asian session. The Eurozone CPI flash estimate data released yesterday indicated an increase in Annual inflation. Also, the Eurozone Unemployment Rate data...

MARKET UPDATES 1ST JUNE 2021 EURUSD EURUSD is looking neutral in the near term. Once the pair will reach a level above 1.2230. it can gain bullish potential, while bears could take over on a break below 1.2165. Overall the pair is trending upwards, some reports including German Preliminary CPI...

TECHNICAL OVERVIEW 28TH MAY EUR/USD EUR/USD recently broke the level of 1.22. trending upwards. The currency pair is moving towards the support zone of 1.21500 and the next resistance zone is at 1.23200. Look for buying opportunities for the pair if it bounces up the support zone of 1.21500...

Market update for today EUR/USD The market opening gave a slow start for EUR/USD to open below 1.2200, speaking the trend for today. further rise is expected with the 1.2050 support intact. watching the sluggish upside movement, a break of 1.2244 will resume the rise from 1.1703 to retest...

Market analysis for 25th May 2021 EUR/USD A bullish trend for the EURUSD pair is expected with an optimal forecast of 1.2279 and with daily volatility of 0.47%. The successive gains in the pair are credited to the downbeat performance of the US dollar. The higher point for the pair was $1.2215...

Currency Pairs Analysis EUR/USD The market opening gave a slow start for EUR/USD to open below 1.2200, speaking the trend for today. further rise is expected with the 1.2050 support intact. watching the sluggish upside movement, the break of 1.2244 will resume the rise from 1.1703 to retest...

A Busy Economic Calendar Puts the EUR, the Loonie, the Pound, and the U.S Dollar in Focus Technical Market Analysis EUR/USD Looking out to the pair, the price has already given the dip of 30 pips as the US dollar strengthened, by the mid of Thursday noon EUR/USD had been pushed up by the SMA...

The Dollar weakened as Fed Minutes Sign at Narrow Discussion The dollar dropped on Thursday morning in Asia as the U.S. Federal Reserve meeting minutes unveiled that policymakers recommended a slowdown of bond purchase due to a sign of hastening inflation. The U.S. Dollar Index traces the...

Dollar Steadied Against Major Currencies; Bitcoin Tumbled On China’s Verdict The Dollar Stabilized versus major currencies on Wednesday as traders were waiting for U.S. Federal Reserve minutes, Although bitcoin dropped after China halted its financial institutions from offering services related...

Dollar Declined as Investors speculate on the U.S. Interest Rate Staying lower The dollar slipped on Tuesday morning in Asia, hitting a six-year low against its Canadian counterpart and hanging close to multi-month lows against European currencies because investors are expecting that up bets...

Dollar Higher Over Asian Covid-19 Upsurge Concerns The Dollar elevated on Monday morning in Asia amid distresses caused by fresh COVID-19 cases in some Asian Countries. Notwithstanding, investors are densely positioning for a drop in the U.S. currency as the U.S. Federal Reserve holds to its...

Dollar Topple; Inflation Concerns Indicate Substantial Week The Dollar Declined in early European trade on Friday after the one-week gain because traders considerably seem to be fine with the latest inflation data that could impact on Federal Reserve Policy. The Dollar Index, which traces the...

Dollar Elevated; Fed in Limelight on Inflation Surge The dollar slightly higher in early European trade Thursday, with the U.S. currency supported by concerns of an earlier than expected Federal Reserve response to inflationary pressures in the wake of the worryingly large jump in U.S. consumer...

Dollar slightly Up; Inflation Data Appears Healthy The dollar is a gainer with up in early European trade Wednesday although, remains near recent lows ahead of a key U.S. inflation release. The Dollar Index, which traces the U.S. Dollar versus a basket of six other currencies, was up 0.2% at...

Dollar Up, Commodity Currencies Restrict Gains The dollar gains in early European trade Tuesday, however, gains were completed by the strength of commodity currencies on the back of rises in the prices of oil and base metals. The U.S. Dollar Index traces the greenback against a basket of other...

Dollar Soothes after Beating U.S. Jobs Report The U.S. dollar aided losses near 2-1/2 month lows on Monday as a bitter U.S. employment report advised investors to unwrap their increasing long positions in the U.S currency. The United States developed a little more than a quarter of the jobs...

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