February 12, 2021

US Dollar remained on the back foot on Friday, bitcoin renews record above $48,000

EURUSD The EURUS has been entering a narrow range since European trading hours in early Wednesday. While the upside has been piled around 1.2150, the bears […]
February 11, 2021

US Dollar Up, Inflation Remains on Investors’ Minds

EURUSD The EURUSD is gaining against the US dollar after a well-received speech by Fed Chairman Jerome Powell yesterday. The 1.2130 level is an important focal […]
February 10, 2021

Dollar Down, Economic Recovery Hopes Continue to Grow

EURUSD The EURUSD has rallied from 1.1951 and the intraday bias reverses towards the resistance at 1.2188.The corrective decline from 1.2348 should be reduced to 1.1951 […]
February 9, 2021

Bitcoin tops $47,000 for first time

EURUSD The EURUSD Last week’s losses to the European single currency recovered during this week’s first trade meeting. For the first major resistance test at 1.2098 […]
February 8, 2021

Dollar Up Despite Friday’s Disappointing U.S. Jobs Data

EURUSD The EURUSD broke support levels 1.2020 and 1.2000. The pair was trading near the 1.1950 level and formed a low at 1.1951. Recently, there was […]
February 5, 2021

Dollar Edges Lower, Consolidating After Week’s Gains

EURUSD EURUSD has fallen to 1.1951 so far. The channel support interval shows that the drop from 1.2348 to 1.0635 corrects the overall trend. The intraday […]
February 4, 2021

EUR/USD – 1.20 on brink of falling

EURUSD The EURUSD is falling from the third day in a row since the start of the week, fixing lows, indicating significant selling interest. However, the […]
February 3, 2021

Dollar Up, Hopes Also Up on U.S. COVID-19 Recovery

EURUSD EURUSD is trading near the immediate support of the trend and needs to see a recovery today to avoid dropping from 1.20-1.19. But failing to […]
February 2, 2021

The USDCAD fell to 1.2850 during the early Asian session on Tuesday.

EURUSD Euro is working against US Dollar index. Just as US Dollar index has broken out of a descending wedge and is trying to move higher, […]