Euro (EUR)

As we advised last week, Euro managed to hold trades below resistance 1.0450 where managed to met target 1.0335 and managed today to break below this support As we see over the chart market will face resistances around 1.0330 and 1.0450…
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As we advised last week and as we see over our previous chart Euro managed to maintain trades below Intraday resistance 1.0450 which may keep the downtrend pressure to re-test 1.0330 A break above 1.0450 may give chance for farther…
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USDJPY tests resistance The Japanese yen (JPY) tries to reclaim some lost ground after the pair takes a breather from the latest rally. Price action continues to struggle after moving over 300 pips in the past week. A break above the top…
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The Euro managed to maintain a trading zone between 1.0335 and 1.0425. As we see over the chart, the market is still holding this trading zone which could expand toward the 1.0490 resistance while the downtrend pressure still overshadows…
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US President Elect Donald Trump is back to his usual market moving social media activity, even before taking office. Before the markets opened on Friday, he posted on Truth Social that unless c imported more oil and gas to offset the trade…
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The Dow (US 30) drops more points The Dow (US 30) fell lower as the index fell further into a bear trap. The index is on its way to 43000 after a nine-day losing streak. Stiff resistance could be expected around 42700 due to…
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EURUSD continues choppy consolidation The euro grinds lower as CPI data in the US remained steady. The current overall sideways action suggests that the bulls are looking to hold onto their recent gains after the recent rally. The top…
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The Euro tested the resistance level of 1.0610, and dropped further towards the target of 1.0525 and below. Prices so far are holding above the first support of 1.0460, while the downtrend pressure is still ongoing as long as the market…
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The Euro held below the resistance of 1.0610 and dropped towards the target of 1.0525. The market managed to rebound above the first resistance of 1.0545, while still holding below the 1.0610 key resistance ahead of US labour market…
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EURGBP (The Pound sterling/ Euro) edges lower The Pound sterling clawed back some losses as prices moved away from the recent peak at 0.8370. A surge below 0.8300 indicated that sellers had made their way back. As the buy side is forced…
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