Euro (EUR)

The Euro managed to test the resistance zone of 1.1030-50 and dropped toward 1.0950 before rebounding again and testing 1.1030-50. The intraday levels show a possible uptrend channel which still has resistance around 1.1030-50 and…
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XAUUSD bounces back Gold moved higher after a brief sell-off with a firm rejection towards the previous record high. A combination of a break above the daily resistance of 2450 indicates that sentiment has turned around following a dip…
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The Euro managed to test the resistance zone of 1.1030-50 while still holding inside an uptrend channel. The Intraday levels show a possible uptrend channel which could have resistance at 1.1030-50 and support around 1.0890. A trading…
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XAUUSD gearing up for another record The recent weakness in the US Dollar provides some support for the yellow metal, as shown in the XAUUSD chart. This came after another failure swing at the recent record high as price action fell away…
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The Euro managed to pass above the 1.1000 level which could give a push for more advance. The Intraday levels show a possible uptrend channel which could have resistance around 1.1030-50 and support at 1.0890. A trading zone could occur…
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The Euro managed to test the resistance at 1.1000 and managed to keep below this level so far. As we see on our previous chart, if prices remain below 1.100,0 another drop toward 1.0800 will be expected. Above 1.1000 more advance is…
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EURUSD Rise: What Happened to Safe Haven Flows? With all the markets getting riled up over the past week or so, it's been interesting to note that the EURUSD rise has continued. From a geopolitical perspective, the Euro was initially…
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USDCHF struggles for bids The US dollar tried to stabilise after the recent sell-off in global markets, which saw the pair drop over 400 pips. An oversold RSI on the daily chart is a significant sign of exhaustion and could cause a…
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EURUSD maintains the high ground The US dollar stays under pressure as this week’s market collapse remains in focus. The euro has moved over 200 pips as the sell-off in global markets hit assets across the board. The pair has reached a…
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The Euro managed to advance farther above the 1.0870 resistance as the market close in on the second resistance zone around 1.0980-99. As we see on the chart and as long as the market holds below 1.1000, another drop toward 1.0800 will…
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