EURUSD’s Next Resistance Could Halt the Recession Panic Surge
The markets are trying to find their balance again after massive moves that started on Friday. EURUSD was the first ...
Tag: EUR
EURJPY Attempts Rebound From Key Support Despite Strong Wage Deals
Higher-than-expected wage deals might increase the likelihood of a March rate hike from the Bank of Japan (BOJ). Japan’s largest ...
EURUSD Momentum Shifting in Favor of Bulls, According to RMI
Despite the recent strong data from the US and more normalized rate cut expectations, EURUSD still holds the 1.07 support ...
Weak UK Data and RSI Divergence May Support EURGBP
The UK has entered a technical recession according to preliminary data released today.
EURCHF Tests Middle Zone of Trend Channel Amid Franc Weakness
The downtrend that began in early 2023 persists. Currently, EURCHF is testing the mid-point of the trend channel.
EURAUD is Testing the Trend After the RBA Meeting
After the hawkish RBA meeting, EURUAD is nearing a critical resistance and is poised to decide whether to break out ...
EURJPY Traders Watching Key Support After Hawkish Change at BOJ Meeting
The Bank of Japan is one step closer to ending negative rates, as the market's expectation of it ending in ...
EURUSD Outlook After Returning to 200 Day Moving Average
2024 begins as a troublesome period for EURUSD. Overly optimistic rate cut bets propelled the EURUSD over 1.10 in the ...
EURUSD Technical and Fundamental Outlook Ahead of FED and ECB Meetings
Ahead of the FED and ECB meetings, EURUSD is ranging between the 50 and 200-day moving averages. After the Eurozone ...
Kiwi Gained Against Euro with Hawkish RBNZ, But Will That Be Enough for a Trend Change?
EURNZD fell after the hawkish change from the Reserve Bank of New Zealand today. Persistent inflation and higher-than-expected demand growth ...
Key Technical Levels Converge Around Critical Resistance for EURCHF
EURCHF has been falling since it tested the 1.20 level in 2018, dropping as much as 0.94. From there, the ...
Bullish Flag Formation: EURUSD May Target Above 1.10 Amidst Bullish Momentum
EURUSD jumped after cooler inflation data from the US. The cooler inflation means a lower likelihood of further rate hikes ...
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