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Moving away from the upward trend, the EUR has lost momentum in today's trading session. This is due to the strength of the US dollar. Attention has now shifted to the meeting of the European Central Bank (ECB) and economic data from the United States.
In terms of technical analysis:
The price is...
Dear valued readers! The EUR currency market has experienced a decline on Tuesday, giving up all the gains from Monday, following stronger-than-expected US PMI data and continued challenging growth prospects in Europe. At the time of writing, EURUSD is trading at 1.058.
Another note, the prospect of reduced inflation and impending recession ensures that the...
FOREXCOM:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see...
Dear friends,
Yesterday, EUR increased by 0.71% and closed at its highest level in over a month. This price increase is accompanied by strong upward momentum and the continued strength of EUR is evident today. However, any increase may encounter strong resistance at the level of 1.0700. The main resistance level at 1.0740 is unlikely to be threatened. To...
Eurousd may change its down trend.
It broken the downward sloping channel and taking retracement. If sustain and breake higher high might be move upside.
EURUSD has recently broken it's previous lower high, we can plan a long trade at the golden zone with bullish confirmations. There is also a bullish order block present at the golden zone.
Hello friends
Currently, the upward trend that started last week is still going strong. At the time of writing, EURUSD is trading at 1.057 with no signs of breaking out of the trend.
It is expected that the price will continue to maintain the upward trend, fluctuating between 1.055 (the lower limit of the rising price channel) and 1.062 (the upper limit of the...
In my analysis of the EUR/USD currency pair, I've observed several key factors that are influencing its performance. It's important to note that this is not a trading recommendation but rather a general overview of the pair's recent trends and the forces at play.
Dear friends, the EUR/USD pair is struggling to find any significant momentum and is trading within a narrow range below the 1.0500 level. The fundamental context seems to favor bearish traders.
The EUR/USD exchange rate rose to 1.0595 and then retraced, forming a short-term double top pattern. The downside move below 1.0560 confirmed this pattern, with the...
FOREXCOM:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Hi Guys,
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