Economic News Category

EUR/USD: Keeps skip off eight-month-old support around 1.1850
July 9, 2021

EUR/USD: Keeps skip off eight-month-old support around 1.1850 The EUR/USD pair keeps up with the harsh tone notwithstanding the intraday recuperation. The 4-hour diagram shows that the pair settled a couple of pips over a somewhat bearish 20 SMA, while the more drawn out ones keep up with their solid bearish slants well over the

Read more
EUR/USD Price Analysis: Bearish momentum unmarked below 1.1800
July 8, 2021

EUR/USD Price Analysis: Bearish momentum unmarked below 1.1800 In general, EUR/USD is moving downwards. As of late, EUR/USD broke the support zone of 1.18500. EUR/USD stayed under predictable selling tension for June month. The pair broadened the earlier month’s decays and invigorated multi-month lows close to 1.1781 in the previous day. EUR/USD bears would test

Read more
EUR/USD: Defends 1.1800 en route to two-month-old support
July 7, 2021

EUR/USD: Defends 1.1800 en route to two-month-old support Generally, EUR/USD is moving downwards. The eurozone and German ZEW Economic Sentiment information delivered yesterday showed positive thinking from the overviewed financial backers and investigators on the eurozone and the German economy stays high albeit the level has declined from the past discharge. The quarterly EU Economic

Read more
EUR/USD battled to discover bearing for as long as four meetings and anticipates for affirmation to trade directionally
July 6, 2021

EUR/USD battled to discover bearing for as long as four meetings and anticipates for affirmation to trade directionally In general, EUR/USD is moving downwards. The eurozone and German ZEW Economic Sentiment information will be delivered later at 1700 (GMT+8). EUR/USD proceeds with its sideways development on Tuesday morning in the Asian exchanging meeting. The pair

Read more
Euro/dollar keeps experiencing drawback momentum on the four-hour chart
July 5, 2021

Euro/dollar keeps experiencing drawback momentum on the four-hour chart   Generally speaking, EUR/USD is moving downwards. EUR/USD bulls step in and focus on a retest of the M-arrangement’s neck area. Hourly H&S may likewise be in play for the bullish conviction. While the objective region was accomplished, there was consistently the danger of the value

Read more