EUR
EUR, JPY, Technical Analysis
EUR/JPY Holds Near 178.50 as Yen Weakness Fails to Reverse the Bearish Trend
Today Markets Analysis: EUR/JPY is attempting to stabilise after two consecutive sessions of gains, trading around 178.70 during Asian hours. Despite the recent bounce, the broader technical structure remains bearish, with the cross trapped inside a descending channel and trading below its key short-term moving averages. The interesting feature of the current market is the […]
by Currency Hedger
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- 2 months ago
EUR, Market Analysis, Technical Analysis
Euro Under Pressure as Dollar Strengthens Ahead of Crucial Fed Decision
Today Markets Analysis: The Euro remains under pressure against the US Dollar, with EUR/USD trading below 1.1550 for a fourth consecutive session as investors await Wednesday’s Federal Reserve decision. Rising US rate expectations, elevated Treasury yields and renewed geopolitical tensions are combining to support the Dollar, leaving the Euro struggling to regain momentum. EUR/USD was […]
by Currency Hedger
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- 2 months ago
EUR, Institutional, Technical Analysis
EUR/USD Falls to Four-Week Low as Dollar Strengthens
Currency Hedger Analysis: EUR/USD fell to around 1.16, its lowest level since August, extending recent losses as the euro came under pressure against a firmer US dollar. The pair has now declined approximately 0.12% over the past four weeks and is down 1.67% over the past 12 months, reflecting a broader period of dollar strength […]
by Currency Hedger
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- 2 months ago
EUR, JPY, Technical Analysis
EUR/JPY Price Forecast: Rebound Tests 180.00 as Oversold Conditions Emerge
Currency Hedger Analysis: EUR/JPY is attempting to stabilise after rebounding from the lower boundary of its descending channel, with the cross trading around 178.30–178.50. Although the broader technical structure remains bearish, deeply oversold momentum suggests that downside pressure could temporarily ease if buyers defend the 177.70 support area. The rebound comes as traders assess the […]
by Currency Hedger
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- 2 months ago
EUR, Technical Analysis, USD
EUR/USD Price Forecast: Likely find direction after US CPI data
The Euro (EUR) trades subduedly at around 1.1608 against the US Dollar (USD) during the European trading session on Friday. The major currency pair has remained in a tight range between 1.1566 and 1.1641 for over 10 days, but is likely to find direction after the release of the United States (US) Consumer Price Index […]
by Currency Hedger
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- 2 months ago
EUR, JPY, Technical Analysis
Euro fails at 179.50 as BoJ tightening hopes underpin Japanese Yen
The Euro (EUR) retreated below 179.00 against the Japanese Yen (JPY) on Friday, as the mild recovery seen after Thursday’s European Central Bank (ECB) meeting failed to find follow-through above 179.50. The risk-averse sentiment amid the entangled Middle East crisis and investors’ bets that the Bank of Japan (BoJ) will hike interest rates next week […]
by Currency Hedger
- 0 Comments
- 2 months ago
EUR, GBP
Euro retreats from weekly highs against British Pound as UK data beats expectations
UK data released on Friday showed that Gross Domestic Product (GDP) rose 0.4% in July, above expectations of a flat reading and following a 0.3% rise in June. These figures reflect a 0.2% increase in Industrial Production, reversing June’s 0.2% decline, and a 0.9% jump in Manufacturing Production, its strongest growth in the last four […]
by Currency Hedger
- 0 Comments
- 2 months ago
EUR, JPY, Technical Analysis
EUR/JPY Price Softens to near 179.00, bearish bias remains intact below 100-day SMA
The EUR/JPY cross trades in negative territory around 179.10 during the early European session on Friday. The expectation of a Bank of Japan (BoJ) rate hike next week provides some support to the Japanese Yen (JPY) against the Euro (EUR). Analysts polled by Reuters anticipate the BoJ to raise the interest rate to 1.25% at the September 17-18 […]
by Currency Hedger
- 0 Comments
- 2 months ago
EUR, Institutional, Technical Analysis
EUR/USD Price Consolidates around 1.1640 in countdown to ECB’s policy decision
The Euro (EUR) trades in a tight range at around 1.1640 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair consolidates as investors await the European Central Bank’s (ECB) monetary policy decision, which will be announced at 12:15 GMT. In the policy meeting, the ECB is widely anticipated to […]
by Currency Hedger
- 0 Comments
- 2 months ago
EUR, JPY
EUR/JPY Price Stays near 178.50 amid ongoing bearish bias
EUR/JPY remains steady after three days of losses, trading around 178.60 during the Asian hours on Thursday. Technical analysis of the daily chart indicates the currency cross remains within the descending channel pattern, signalling a bearish bias. The EUR/JPY cross is maintaining a bearish near-term bias as it holds beneath both the nine-period and 50-period […]
by Currency Hedger
- 0 Comments
- 2 months ago