The euro has seen a pick-up in selling against the greenback, as traders continue to sell any moves above the 1.1100 resistance level. If weakness persists we are likely to see the former weekly low come into focus, with the 1.1020 level the foremost weekly support zone below. Buyers need to move price above the 1.1130 level, although bullish sentiment currently...
The euro currency has slipped into the red for the trading week against the US dollar, following a heavy rejection from the 1.1160 level. Bears have the upperhand while price trades under the 1.1110 level, leaving the EURUSD pair exposed to further losses. Overall, bulls need to maintain price above the 1.1130 level, or the EURUSD pair could slip back towards the...
The euro is attempting to gain bullish momentum against the US dollar, following Friday’s strong recovery above the 1.1150 resistance level. Buyers need to keep price above the 1.1130 level to mount another challenge towards the important 1.1160 resistance area. Overall, the recently created bullish double-bottom pattern and the weaker greenback are helping to...
The euro is back under downside pressure against the greenback, after suffering another upside rejection from the 1.1110 level and falling to fresh new weekly trading low. Technically, the EURUSD is going to struggle to find attract buying interest if the pair continues to fail above the 1.1100 level. Chair Powell’s speech later today and the upcoming G7 meeting...
FX:EURUSD Buy around 1.1040 with SL at 1.1025 and three potential targets.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
The euro currency is trader slightly lower against the US dollar in early Thursday trade, following a fairly uneventful FOMC Meeting Minutes. The release of EU PMI Manufacturing data is the main market mover for EURUSD pair, with bearish German data likely to force a test of the 1.1050 level. A better than expected German PMI number could prompt another test of...
The euro currency is holding firm above the 1.1070 level against the US dollar as the pairs current yearly trading low remains intact. Bearish fundamental news has failed to push the EURUSD pair lower, which may encourage bulls to test towards the current weekly high. Overall, the release of the FOMC Meeting Minutes should be the next directional catalyst for the...
The euro is still trapped around the 1.1100 level against the US dollar as the traders remain cautious ahead of the FOMC Meeting Minutes and EU PMI data later this week. If buyers can continue to defend the 1.1150 to 1.1170 price region a potential double-bottom pattern could form this week. Overall, unless buyers take price above the 1.1160, selling EURUSD is...
The euro currency has fallen back towards the 1.1100 level against the US dollar after crashing below the 1.1130 support level on Thursday. The euro is extremely bearish while trading below the 1.1100 level and now risks falling back towards its current yearly low. Bulls will be looking for a double-bottom formation, however, the fundamentals behind the EURUSD are...
The euro is back under severe technical pressure against the greenback after breaking through the key 1.1160 support level on Wednesday. Bears could easily force a deeper decline towards the 1.1100 level if the 1.1130 support level becomes breached. Overall, market sentiment towards the EURUSD pair is very bearish while price continues to trade below the pivotal...
The euro has slumped back below the 1.1200 level against the US dollar following better than expected US data and renewed demand for the greenback. Weaker than expected EU data may prompt another technical test of the important 1.1160 support level. Overall, traders are growing more bullish towards the US dollar and the US economy now that Chinese trade tariffs...
![EURUSD: EURUSD Long Setup [4H]](https://s3.tradingview.com/i/IfzwRNdR_mid.png "EURUSD Long Setup [4H]")
