Economic News Category

EUR/USD struggles for a clear direction within a bearish chart pattern.
October 6, 2021

EUR/USD struggles for a clear direction within a bearish chart pattern In general, EUR/USD is moving downwards. As of late, EUR/USD bounced off the resistance zone of 1.16300. The danger is slanted to the disadvantage, as per the day-by-day chart, as specialized pointers have continued their decays after revising outrageous oversold readings. Simultaneously, the pair

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EUR/USD is closing in on 1.1600, unable to hold on at higher levels
October 5, 2021

EUR/USD is closing in on 1.1600, unable to hold on at higher levels The EUR/USD pair is up for a second continuous day, yet the development appears to be a simple adjustment. The pair has slowed down its recuperation of a small bunch of pips underneath the 23.6% retracement of its most recent everyday droop

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EUR/USD battles1.1600 amid the dollar’s rebound
October 4, 2021

EUR/USD battles1.1600 amid the dollar’s rebound The Relative Strength Index on the four-hour chart is simply under 30, accordingly in the oversold domain. That infers a ricochet is inevitable, yet it very well may be brief. Euro/dollar is experiencing huge drawback force and exchanges well underneath the 50, 100, and 200 Simple Moving Averages. Generally

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EUR/USD seems to be consolidating the recent downside below 1.1600
October 1, 2021

EUR/USD seems to be consolidating the recent downside below 1.1600 The EUR/USD pair completed the day with sharp losses, dying to a fifth continuous day. The everyday chart shows that specialized markers keep up with their sharp negative slant, notwithstanding they are at present creating inside oversold levels. The 20 SMA has sped up its

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EUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low
September 30, 2021

EUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low The EUR/USD pair is down for a fourth continuous day, without any indications of surrendering. In the close to term, and as per the 4-hour outline, the negative potential is as yet solid, as specialized pointers head immovably lower inside regrettable levels,

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