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 […]
January 19, 2021

GBP/USD has broken the 1.3650 and 1.3600 support levels to initiate the recent decline.

EURUSD EUR/USD is turned neutral with 4 hour MACD crossed above signal line. We’d still expect strong support from 1.2058 cluster support (38.2% retracement of 1.1602 […]
January 18, 2021

EUR/USD has broken the 1.2250 and 1.2200 support levels to enter a short-term bearish zone

EURUSD EUR/USD has broken the 1.2250 and 1.2200 support levels to enter a short-term bearish zone. As a result, there was a sharp decline below the […]
January 15, 2021

The EURUSD is expected to trade in the 1.2130 to 1.2205 range.

EURUSD The EURUSD is expected to trade in the 1.2130 to 1.2205 range. Before it bounced sharply, however, it stayed at 1.2109 and the day ended […]
January 14, 2021

The euro has returned to its worst week against the US dollar as traders worried about rising Italian bond yields.

EURUSD The euro has returned to its worst week against the US dollar as traders worried about rising Italian bond yields. EURUSD Bear now needs sustained […]
January 13, 2021

EURUSD faces further negative pressure after expanding its weakness on Monday.

EURUSD EURUSD faces further negative pressure after expanding its weakness on Monday. Below, support falls to the 1.2100 level with violations opening the door to a […]
January 12, 2021

GBP/USD has broken the 1.3620 support level to start the recent negative correction.

EURUSD There is no change in EUR / USD. Intraday bias is based on the negative side. Correction from 1.2348 is in progress for 1.2058 cluster […]