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Eurusd looks to test the 61.8% retracement or the move up from the end of may low

The EURUSD is moving to a new session low and in the process is looking to test that 61.8% retracement of the move up from the May 31 low. The low com...

August 16, 2023, 5:44 pm

Nzd/usd: downside risks over the short-term and into 2024 – mufg

EUR/USD is looking north toward 1.0950 in the European session on Wednesday. Mixed Eurozone GDP, employ...

August 16, 2023, 10:59 am

Eur/usd forecast: continued bearish pressure persists amid dollar strength

The EUR/USD remains below key SMAs, indicating a bearish bias. The EUR/USD peaked on Tuesday at 1.0951 ...

August 15, 2023, 9:29 pm

Eur/usd holds to gains near 1.0950 after us data

The EUR/USD pair is testing the 1.0950 area, which also coincides with the 20-period Simple Moving Aver...

August 15, 2023, 3:44 pm

Eur/usd mid-day outlook

Daily Pivots: (S1) 1.0867; (P) 1.0914; (R1) 1.0952; More… No change in EUR/USD’s outlook as fall fr...

August 15, 2023, 2:01 pm

Eur/usd daily outlook

Daily Pivots: (S1) 1.0867; (P) 1.0914; (R1) 1.0952; More… Intraday bias in EUR/USD stays on the downs...

August 15, 2023, 7:21 am

Eur/usd: near-term action to remain sideways while 100dma holds

Bears are facing some headwinds on Monday but hold grip, following bearish signals from weekly close below Fibo support at 1....

August 14, 2023, 11:36 am

Eur/usd slides to one-week low past 1.0950 as us dollar dribbles, focus on ecb vs. fed divergence

EUR/USD remains pressured at the lowest level in a week, declining to 1.0925 amid early hours of Monday’s European session. In doing so, the Euro pa...

August 14, 2023, 6:59 am

Eur/usd drops again and could revisit 1.0850

EUR/USD is moving lower below the 1.1000 support. It broke a rising channel with support near 1.0950 on...

August 14, 2023, 3:59 am

Eur/usd drops again and could revisit 1.0850

Key Highlights EUR/USD is moving lower below the 1.1000 support. It broke a rising channel with support near 1....

August 14, 2023, 3:44 am

Monday morning open levels - indicative forex prices - 14 august 2023

Good morning/afternoon/evening and welcome to the new forex week and hello to anyone just back from holiday! If its any help I'll be doing some 'catch...

August 13, 2023, 7:53 pm

Fx option expiries for 11 august 10am new york cut

There are a couple to take note of on the day, as highlighted in bold.They are all pertaining to EUR/USD and lie between 1....

August 11, 2023, 7:27 am

Usd/jpy extends rally, can it reach 150?

Key Highlights USD/JPY is rising above the 142.00 resistance. A connecting bullish trend line is forming with support near 143.80 on the 4-hour chart....

August 11, 2023, 3:24 am

Eur/usd forecast: failure above 1.1000 reinforces bearish risks

The US Dollar strengthens after US inflation data; more data is expected on Friday. The EUR/USD pair tests and reverses from the 20-day SMA. A break b...

August 10, 2023, 9:29 pm

Eur/usd daily outlook

Daily Pivots: (S1) 1.0952; (P) 1.0974; (R1) 1.0995; More… EUR/USD is still extending the consolidatio...

August 10, 2023, 7:03 am

Eur/chf daily outlook

Daily Pivots: (S1) 0.9597; (P) 0.9615; (R1) 0.9645; More… Intraday bias in EUR/CHF stays neutral at this point. With 0.9670 resistance intact, furth...

August 10, 2023, 6:53 am

Eur/usd remains defensive above 1.0950, ecb economic bulletin, us inflation eyed

EUR/USD bulls need a clear upside break of a one-month-old descending resistance line surrounding 1.0970, as well as the 10-DMA level of around 1.0980...

August 9, 2023, 11:45 pm

Eur/chf daily outlook

Daily Pivots: (S1) 0.9583; (P) 0.9596; (R1) 0.9607; More… No change in EUR/CHF’s outlook as range trading continues. Further decline is in favor a...

August 9, 2023, 7:43 am

Eur/usd licks banks, italy inflicted wounds near 1.0950 with eyes on us inflation

EUR/USD portrays corrective bounce off one-week low after posting two-day losing streak. Italy’s surprise windfall tax announcements for banks incre...

August 9, 2023, 1:14 am

Eur/chf daily outlook

Daily Pivots: (S1) 0.9595; (P) 0.9612; (R1) 0.9620; More… Range trading continues in EUR/CHF and intraday bias stays neutral at this point. Further ...

August 8, 2023, 7:18 am


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