EUR
EUR, Institutional, Technical Analysis
Currency Talk – GBP/AUD, EUR/GBP, GBP/CAD
This analysis from the Overbalance series aims to identify three financial instruments, analysed primarily on the daily/four-hour (D1/H4) timeframe. The analysis utilises solely the Overbalance methodology, which enables the identification of points where a trend may continue or where a reversal may occur. Today’s analysis covers three instruments, assessed solely in terms of their 1:1 […]
by Currency Hedger
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- 2 months ago
EUR, GBP, Technical Analysis
Euro edges lower against British Pound as Germany’s Retail Sales fall more than expected in July
The EUR/GBP cross loses traction to near 0.8570 during the early European trading hours on Tuesday. The Euro (EUR) edges slightly lower following German Retail Sales data. Traders brace for the preliminary reading of the Eurozone August Harmonized Index of Consumer Prices (HICP), which will be published later on Tuesday. Data released by Destatis on Tuesday showed […]
by Currency Hedger
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- 2 months ago
EUR, JPY, Technical Analysis
EUR/JPY Price – Hovers around 185.50 near nine-day EMA support
EUR/JPY inches lower after registering gains in the previous day, trading around 185.50 during Asian hours on Tuesday. The technical analysis of a daily chart indicates that the currency cross is remaining close to the lower boundary of the ascending channel pattern, signalling a critical juncture. It offers a high-reward, low-risk entry point for traders; […]
by Currency Hedger
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- 2 months ago
EUR, Technical Analysis, USD
Euro holds gains above 1.1600 ahead of Eurozone HICP inflation data
The EUR/USD pair trades with mild gains around 1.1620 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Euro (EUR) despite a hawkish Jackson Hole speech from Federal Reserve (Fed) Chair Kevin Warsh. Traders will take more cues from the preliminary reading of the Eurozone August Harmonized Index of Consumer Prices (HICP), which is due […]
by Currency Hedger
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- 2 months ago
EUR, Technical Analysis, USD
EUR/USD Price Forecast: Gains ground to near 1.1600, bullish vibe prevails above 100-day SMA
The EUR/USD pair trades in positive territory around 1.1590 during the early European trading hours on Monday. However, the potential upside for the major pair might be limited as traders ramped up bets on a rate hike after hawkish remarks by Federal Reserve (Fed) Chair Kevin Warsh. Fed Chairman said on Friday at the Jackson Hole economic […]
by Currency Hedger
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- 2 months ago
EUR, Technical Analysis, USD
EUR/USD Loses 0.3%
Dollar and Treasury yields rise on the hawkish tone of Fed Chair Kevin Warsh’s Jackson Hole remarks EURUSD is falling following the release of Fed Chair Kevin Warsh’s speech and during his remarks, as markets interpreted his message as clearly hawkish. The key point was not that Warsh explicitly signaled a rate hike, but rather […]
by Currency Hedger
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- 3 months ago
EUR, GBP, Technical Analysis
EUR/GBP Price Trading sideways around 0.8500 amid fading bullish traction
The Euro (EUR) nurses moderate losses against the British Pound (GBP), with price action contained within the previous day’s range and market volatility muted, as investors brace for Federal Reserve Chairman Kevin Warsh’s speech at Jackson Hole. The EUR/GBP pair has pulled back to levels near 0.8570 from Thursday’s highs right below 0.8580, with the weekly chart showing marginal gains. […]
by Currency Hedger
- 0 Comments
- 3 months ago
Currency Talk, EUR
ECB Sees Future Hike as Likely as Inflation Risks Persist
All ECB policymakers agreed to leave rates unchanged at the July meeting, following the first rate hike since 2023 in June, citing elevated uncertainty and the fact that the full inflationary impact of the energy shock had yet to emerge, according to the latest minutes. However, some said they would not have opposed another hike, […]
by Currency Hedger
- 0 Comments
- 3 months ago
EUR, JPY
EUR/JPY Price Remains above 185.50 near moving averages
EUR/JPY gains ground after posting minor losses in the previous day, trading around 185.70 during the Asian hours on Thursday. The technical analysis of a daily chart indicates that the currency cross is remaining within the ascending channel pattern, signaling an ongoing bullish bias. The EUR/JPY cross is maintaining a bullish near-term bias as it […]
by Currency Hedger
- 0 Comments
- 3 months ago
Currency Talk, EUR, Technical Analysis, USD
Chart of the Day: EURUSD Under Pressure from the Dollar. Bessent, PCE and Jackson Hole to Determine the Next Direction
Tuesday’s EURUSD session is seeing the dollar strengthen slightly, but the situation in the foreign exchange market remains much more complicated than it was just a few days ago. The euro-dollar pair has pulled back from around 1.17, but a number of developments are emerging in the background that could have a much greater impact […]
by Currency Hedger
- 0 Comments
- 3 months ago