Euro (EUR)

The Euro held below the resistance of 1.0610 and dropped towards the target of 1.0525. As we see over the chart, the market is facing Intraday resistance around 1.0545. If prices remain below this resistance, more of a drop toward the…
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GER40 index not slowing down The GER40 index (Dax) ticked higher as global market optimism and rising US markets drove gains. After hitting resistance at 19700, the index powered to another 200-point lift to confirm another record high.…
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The Euro held below the resistance of 1.0610 and dropped towards the target of 1.0525. As we see over the chart, the market is facing Intraday resistance around 1.0545. If prices remain below this resistance, more of a drop toward the…
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Euro managed to advance above 1.0550 while still facing second resistance around 1.0610 As long as market keep holding trades below 1.0610 another drop movement still expcted where supports laying at 1.0525 and 1.0400-25 Above 1.0610…
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UKOIL steadies as worries ease Brent avoided a slide below 70.00, which was supported by further tensions in the Middle East. The market failed to show any reaction as OPEC+ delayed its meeting by four days. The organisation for…
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XAUUSD remains in the zone Gold price held onto the 2600 level as sentiment continued to shift in favour of gold. The current horizontal consolidation is an opportunity for the bulls to take a breather after a drop this week. A close…
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Normally, inflation data like what we will get out of the EuroZone over the next couple of days, especially the November CPI, is pivotal for currencies. And that might still be the case, if the data comes significantly out of line from…
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The Euro managed to test the resistance zone of 1.0525-50 and managed to drop toward 1.0425. As we see on the chart, prices still face a downtrend line resistance around 1.0525-50. If prices remain below this resistance, more of a drop…
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USDJPY fails to progress The Yen (JPY) saw some slight reprieve after inflation cooled towards the 2% target. Recent profit-taking at 155.80 didn’t dent the optimism too much, with 154.00 proving to be a robust support. A combination of…
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Euro fell below support the of 1.0525-40 and met the target of 1.0475 and fell lower. As we see on the chart, the market is still showing signs for a further drop toward 1.0220. The market facing resistances around 1.0440, 1.0560 and…
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