February 1, 2021

The EURUSD started a new uptrend and climbed above 1.2100, but faces hurdles.

EURUSD The EUR/USD started a new uptrend and climbed above 1.2100, but faces hurdles. It started a fair rebound and cleared the 1.2120 resistance. There was […]
January 29, 2021

The US Doller getting strong opposite to all majors

EURUSD The EURUSD has risen above 1.21 but needs to break above 1.2150 in order to re-initiate an upward movement towards 1.22/23 again in the near […]
January 28, 2021

The Dollar rose sharply in investor confidence as stocks fell

EURUSD EURUSD remains neutral as it continues to have support at 1.2052. On the other hand, a break at 1.2052 will resume the entire 1.2348 correction. […]
January 27, 2021

US oil reserves are falling, oil prices are rising, Chinese COVID-19 cases decline

EURUSD The EURUSD remains neutral as range trading continues. Conversely, a break of slight resistance at 1.2188 will extend the check to 1.2348 high in the […]
January 26, 2021

European shares rebound on gains in chemical, financial sectors

EURUSD The EURUSD pair is testing the support at around 1.2140 and, if the level holds, the next zones around 1.2180 and 1.2230 could enter the […]
January 25, 2021

WTI has dipped slightly but overall look stable.

EURUSD EURUSD rallied well from a low of 1.2053 to climb above 1.2100. It even rose above 1.2150 and experienced resistance to confluence near 1.2180 and […]
January 22, 2021

EURUSD continued to gain overnight despite impressive economic data from the US.

EURUSD The EURUSD continued to gain overnight despite impressive economic data from the US. The pair is trading at 1.2171, its highest level since Jan. 14. […]
January 21, 2021

The USDJPY moved slightly against the US dollar today after the Bank of Japan made its first rate decision.

EURUSD The negative decline was limited to 1.2097 in the zone after a failed attempt to break the resistance zone at 1.2141. In the early hours […]
January 20, 2021

Euro risks further upside pressure after supporting lower prices on Tuesday.

EURUSD Euro risks further upside pressure after supporting lower prices on Tuesday. Below, support falls to the 1.2100 level with violations opening the door to a […]