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Euro
EUR/USD Edges toward 1.0830 as bullish momentum builds post-Europe
EUR/USD was seen trading near the 1.0830 zone on Friday after the European session, moving closer to the top of…
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EUR/USD gains ground despite hotter-than-expected US core PCE Inflation
EUR/USD rebounds from the intraday low of 1.0765 after the release of the US PCE inflation data for February. The European…
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Trade of The Day – EUR/JPY
Facts: Both MACD and RSI have formed a bearish divergence with a lower high. A potential double-top formation has occurred,…
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EUR/GBP extends losses toward 0.8300 following UK GDP, Retail Sales data
EUR/GBP remains under pressure as the Pound Sterling gains strength following the release of key UK economic data on Friday.…
Read More » EUR/USD trades with mild negative bias below 1.0800; focus remains on US PCE Price Index
EUR/USD attracts some sellers during the Asian session, though it lacks follow-through. The USD stalls the overnight pullback from a…
Read More »EUR/JPY retreats below 163.00 following upbeat Tokyo CPI data
EUR/JPY declines as the Japanese Yen gains strength following the release of Tokyo’s Consumer Price Index (CPI) data on Friday.…
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Trade of The Day – EUR/CAD
Facts: EUR/CAD is trading 2 standard deviations above the 200-day simple moving average (SMA200). The Bank of Canada (BoC) would…
Read More » EUR/JPY Tests nine-day EMA support near channel’s lower boundary at 161.50
The EUR/JPY cross may face initial resistance around the psychological level of 165.00. The 14-day Relative Strength Index (RSI) remains…
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EUR/USD rebounds from multi-week low, climbs to 1.0780 area amid USD downtick
EUR/USD gains some positive traction on Thursday and snaps a six-day losing streak. A modest USD pullback from a multi-month…
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EUR/GBP Gains After Disappointing UK CPI Data
07:00 AM GMT, United Kingdom – Inflation Data for February: Core CPI: actual 3.5% YoY; forecast 3.6% YoY; previous 3.7% YoY; Core CPI: actual…
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