Euro
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European PMIs stronger than expected. EUR/USD approaches 1.17 level
The eurozone flash composite PMI rose to 52.1 in August, beating the 51.7 forecast and pointing to a somewhat stronger…
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EUR/JPY Price Forecast: Rises to near 186.00 as bullish bias prevails
EUR/JPY could find the initial barrier at the upper boundary of the ascending channel around 187.00. The 14-day Relative Strength…
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Eur gains on hawkish ECB outlook despite firm US Dollar
Strong Eurozone inflation and rising gas prices reinforce expectations for further ECB interest rate hikes. Resurgent US Treasury yields may…
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Euro trims gains against British Pound after UK CPI inflation rises to 2.9%
EUR/GBP trims gains near 0.8555 in Wednesday’s early European session. UK CPI inflation jumped to 2.9% YoY in July, the…
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EUR/JPY Price Softens to near 184.50, mildly bearish bias persists under 100-day SMA
EUR/JPY declines to near 184.60 in Wednesday’s early Asian session. The cross maintains a mildly bearish tone; further consolidation cannot…
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Trade of The Day: EUR/AUD
Facts: Short term sentiment remains downward The price reacted to the horizontal resistance area at 1.6300 Recommendation: Trade: Short EURAUD…
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Euro declines below 1.1600 on US-Iran war worries
EUR/USD softens to near 1.1575 in Tuesday’s early Asian session. Trump said he’s not looking to extend the ceasefire deal…
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EUR/USD Reverses Its Technical Trend
Is this the end of the U.S. dollar’s relative strength❓ On Monday, the EUR/USD exchange rate broke through an important…
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EUR/JPY Price Tests rising wedge bottom near 184.00
EUR/JPY tests the lower boundary of the rising wedge around 184.10. The 14-day Relative Strength Index at 50 indicates neutral…
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Euro rallies to two-month high, eyes 1.1600 as USD struggles amid receding Fed hike bets
EUR/USD scales higher for the third day as receding Fed hike bets keep the USD depressed. Geopolitical risks and inflation…
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