EUR
Currency Talk, EUR, JPY
EUR/JPY Price Forecast: Rises toward 186.00 after rebounding from ascending channel bottom
EUR/JPY appreciates after two days of gains, trading around 185.80 during the Asian hours on Tuesday. Technical analysis of the daily chart indicates the currency cross remains within the ascending channel pattern, signaling an ongoing bullish bias. The EUR/JPY cross is maintaining a bullish near-term tone as it holds above both the nine-day and 50-day […]
by Currency Hedger
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- 3 months ago
Currency Talk, EUR, USD
Euro holds ground as US Dollar steadies, markets brace for Iran sanctions
EUR/USD trades flat on Monday as the US Dollar (USD) steadies and markets settle into a calmer tone following the sharp volatility triggered by the US Treasury’s surprise buyback announcement last week. At the time of writing, the pair trades around 1.1670, hovering near levels last seen in mid-May. The US Dollar Index (DXY), which […]
by Currency Hedger
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- 3 months ago
Currency Talk, EUR, USD
Euro holds steady against US Dollar amid US debt strategy
EUR/USD remains stronger for the fourth successive trading day, hovering around 1.1680 during the Asian hours on Monday. The currency pair holds its ground as the US Dollar (USD) struggles under pressure from newly announced United States (US) fiscal moves. The Treasury Department surprised financial markets by pledging to at least double its buybacks of longer-dated […]
by Currency Hedger
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- 3 months ago
EUR, Technical Analysis, USD
EUR/USD Price Forecast: Bulls test 1.1700 as RSI turns overbought
EUR/USD heads for a fourth consecutive weekly gain on Friday, although it has erased its earlier intraday advance. At the time of writing, the pair trades around 1.1682 after briefly rising above 1.1700, its highest level since May 14. Strategists at Scotiabank note that the “solid gains in the EUR this week largely reflect a broadly lower USD.” […]
by Currency Hedger
- 0 Comments
- 3 months ago