TAG: EURUSD
Target Thursdays: SPX500_m, EURUSD & XAGUSD hit target prices
Check out these potential profits that you may have missed from our Daily Market Analysis. SPX500...
7 months ago
Key events on April 2: fundamental analysis for beginners
Analysis of macroeconomic reports: There are slightly more macroeconomic events scheduled for Tuesday. However, on Monday, there was the important US ISM Manufacturing PMI data, which triggered a significant decline in both currency pairs. On Tuesday, we...
6 months ago
Forecast for EUR/USD on April 2, 2024
EUR/USDYesterday we saw slightly mixed but generally upbeat US reports. The S&P US Manufacturing PMI was 51.9 in March, slightly down from 52.2 in February, but at the same time, the ISM Manufacturing PMI increased from 47.8 to 50.3. New orders rose t...
6 months ago
EURUSD: Bullish Pullback Looms Large on Strong Technical Signal
The EUR/USD pair has been grappling with persistent downward momentum, maintaining its position around 1.0775 during the European session on Friday. This marks the fourth consecutive day of losses for the Euro against the US Dollar. However, the subdued t...
6 months ago
EUR/USD Dips as Diverging Central Bank Policies Drive Market Sentiment
In the ever-volatile currency markets, the EUR/USD pair demonstrated a downward trajectory on Wednesday, eventually stabilizing in a narrow band between 1.082 and 1.084. Despite Spanish inflation data for March meeting economists' expectations at 3.2% for...
6 months ago
The Dollar Rally Stalls as Market Participants Wait for more Signals of the Strength of the US Economy
The EUR/USD pair is showing resilience, defending its near-term support level at 1.08. A broad, albeit slight, dollar weakness contributed to the strength of the pair. However, recent economic data releases from both the United States and Europe have inje...
6 months ago
Bitcoin Forecast: Potential Price Rise Ahead!
The price of Bitcoin remained at the broken level of 68998 for quite some time. After that, it formed the doji candles at this level. Currently, the price of this asset is trying to rise. It might either break the level of 73805 or rebound and undergo cor...
6 months ago
Indicator Analysis of EUR/USD on April 2, 2024
Trend analysis (Fig. 1).The EUR/USD currency pair may move downward from the level of 1.0743 (closing of yesterday's daily candle) to test the historical support level at 1.0723 (blue dotted line). After that, an upward movement is possible to the 14.6% p...
6 months ago
EURUSD H4 | Falling toward support level
TitleEURUSD H4 | Falling toward support levelTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0803, an overlap resistance close to the 38.2% Fibonacci retracement level. A reversal from this level could lead the price to fall to...
6 months ago
King Dollar Reclaims Throne as Fed Board Member Douses Rate Cut Speculations
The US Dollar has emerged as the undisputed monarch once again, buoyed by a confluence of factors sending ripples across the financial landscape. Fed Board Member Christopher Waller's decisive stance against a June interest-rate cut spurred bids on USD on...
6 months ago
Analysis and trading tips for EUR/USD on April 2
Analysis of transactions and tips for trading EUR/USDFurther decline became limited because the test of 1.0774 occurred during the sharp drop of the MACD line from zero. Strong data on manufacturing activity in the US led to the rise of dollar and decline...
6 months ago
EUR/USD: trading plan for European session on April 2. USD picking up steam
Yesterday there were no signals to enter the market. I suggest we look at the 5-minute chart and figure out what happened. In my precious forecast, I paid attention to the level of 1.0769 and planned to make decisions on entering the market from there. A...
6 months ago
Trading plan for EUR/USD and GBP/USD on April 2
Dollar surged in price during the holidays in Europe. Usually, markets patiently await the opening of trading sessions, but it moved at the moment when business activity data in the manufacturing sector came out. The Markit reported a decrease in the inde...
6 months ago
EURUSD H4 | Bullish bounce
TitleEURUSD H4 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.0728, a pullback support. A bounce from this level could lead the price to rise to 1st resistance at 1.0728, a pullback resistance.Alternative scenari...
6 months ago