Euro (EUR)

The Euro is currently facing support around 1.0880, with resistance at 1.1000, potentially creating a trading range. A drop below 1.0880 may lead to further declines, while support at 1.0780 could allow for a rebound. Conversely, a…
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The Euro has broken above the resistance level of 1.0985, indicating a potential rebound toward the 1.1050 zone. As long as the market holds above 1.0950, we expect further advances toward 1.1050. A drop below 1.0950 may lead to…
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The Euro managed to break above the resistance at 1.0985, indicating a potential rebound to test the 1.1050 zone. As long as the market holds above 1.0950, another advance toward 1.1050 is expected. However, a drop below…
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The Euro managed to break below the 1.1000 support level on US labor market data last Friday. The market is now targeting the 1.0880 support, as we previously advised, while intraday resistances are located at 1.0985 and 1.1035. As long…
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As we advised yesterday and as seen on our previous chart, the Euro has so far managed to sustain trades above the 1.1000 support level, with a low of 1.1008 recorded yesterday. As long as the market holds above 1.1000, a rebound…
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The economies of the UK and the Euro Area have taken diverging paths since the start of the year, allowing the GBPEUR to continue to appreciate. The latest leading indicators suggest the divide has deepened, and this has given the GBPEUR…
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XAGUSD bounces off resistance The silver price is stepping back from its recent peakas it bears an eye on a correction in the market. The price is hovering above the daily double bottom of 31.00, which is a critical floor for keeping the…
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The EUR USD breaks lower The EUR tumbled after CPI data failed to lift sentiment in the bloc. After a short-lived grind over 1.1200, a bearish breakout has seriously dented the bullish bias from the daily chart’s perspective. The round…
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The Euro still holds inside our expected trading zone between 1.1070 and 1.1200. Prices managed to re-test the resistance 1.1200 again and managed today to meet the target 1.1100. Below 1.1070 more of a drop will be expected with…
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XAUUSD tensions push gold to another high As pushing gold to another record high, investors remained dovish against what the US dollar could bring to the market. With the Fed heavily tight-lipped on the next signal to rate cuts, this…
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