EUR/USD

EUR/USD Current Price: 1.1966 European Retail Sales beat expectations in December, rising by 2.0% in the month. US employment-related data was mostly encouraging ahead of the NFP report. EUR/USD could fall to 1.1885, the 61.8% retracement of the November/January rally. The EUR/USD pair lost...

EUR/USD Current Price: 1.2026 EU final Services PMIs confirmed at contraction levels in January by Markit. US employment-related data surprised to the upside ahead of the Nonfarm Payroll report. EUR/USD is holding above 1.2000, but unable to post a substantial bounce. The EUR/USD pair ...

EUR/USD Current Price: 1.2018 Progress in US stimulus talks boosted equities and the greenback. The EU preliminary estimate of Q4 GDP came in at -0.7%, better than the -1.2% expected. EUR/USD is trading at fresh yearly lows without signs of bearish exhaustion. The EUR/USD pair plunged to 1....

EUR/USD Current Price: 1.2136 US equities trimmed Wednesday’s losses, driving the dollar lower. Encouraging US data failed to impress, markets driven by a scandal. EUR/USD is still poised to fall but needs to break below 1.2060. The EUR/USD pair spent most of the day consolidating...

EUR/USD Current Price: 1.2101 ECB could cut deposit rate further, counter EUR’s appreciation if needed. Fed gloomy about economic recovery, left monetary policy unchanged. EUR/USD is at risk of extending its decline, mainly once below 1.2060. The EUR/USD  plummeted to 1.2057 in the...

AUD/USD Current Price: 0.7745 An improved market’s mood put the greenback under selling pressure. Australian Q4 inflation is foreseen stable and well below RBA’s target. AUD/USD is back bullish in the near-term, could rally beyond 07815. The AUD/USD pair resumed its advance this...

EUR/USD Current Price: 1.2160 The ECB expressed concerns about the exchange rate, will analyse the impact of policies’ imbalances. US Consumer Confidence improved modestly in January to 89.3. EUR/USD is neutral in the near-term, faces strong resistance in the 1.2180 region. A better market...

EUR/USD Current Price: 1.2137 US President Biden’s stimulus plan at doubt, hurting the market’s mood. German IFO survey missed expectations in January amid extended lockdowns. EUR/USD is at risk of accelerating its decline once below the 1.2100 level. The EUR/USD pair fell to 1....

EUR/USD Current Price: 1.2156 The European Central Bank left its monetary policy unchanged, as expected. US weekly unemployment claims eased to 900K in the week ended January 15. EUR/USD holds on to its bullish stance but needs to clear the 1.2170 resistance. The EUR/USD pair advanced to 1.2172...

EUR/USD Current Price: 1.2105 Joe Biden has become the 46th US President, Wall Street hits record highs. The focus shifts to the European Central Bank monetary policy decision. EUR/USD is neutral-to-bearish, could accelerate its slump on a break below 1.2060. The EUR/USD pair closed the day...

EUR/USD Current Price: 1.2123 Treasury Secretary nominee Janet Yellen to boost stimulus, reform taxes. German’s Economic Sentiment improved in January, according to the ZEW survey. EUR/USD bounced from critical Fibonacci support, bullish potential still limited. The American dollar gave...

EUR/USD Current Price: 1.2078 Market players awaiting first-tier events to take place later in the week. Focus on the US Joe Biden´s inauguration next Wednesday. EUR/USD bearish and pressuring a mid-term Fibonacci support level. The American dollar kept advancing this Monday, with EUR/USD...

The EUR/USD managed to cut losses during the New York session. Short-term technical picture turns slightly negative with 1.2100 as main support. The EUR/USD pair stretched lower on Thursday and hit a fresh 1-month low at 1.2110 at the beginning of the American session, although it managed...

EUR/USD spike falters above 1.2200 and turns lower. The short-term technical picture turns slightly bearish, with critical support seen at 1.2130. The EUR/USD pair came under pressure early during the European session and reversed most of its Tuesday’s gains after being rejected by a high...

EUR/USD Current Price: 1.2196 Upcoming US President Joe Biden is likely to announce more stimulus on Thursday. The market’s sentiment improved just modestly, Treasury yields kept rallying. EUR/USD recovered some ground but is still at risk of falling. The EUR/USD pair posted a modest...