EUR
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades near 177.50 after rising above nine-day EMA
EUR/JPY gains ground for the second successive day, trading around 177.30 during Asian hours on Tuesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is maintaining a mildly bearish bias as it holds below the 50-day […]
by Currency Hedger
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- 3 days ago
AUD, EUR, GBP, JPY, Market Analysis, NZD, Technical Analysis, USD
South Korean Won Leads Currency Gains as Dollar Index Retreats – Global FX Market Update
Global currency markets are showing broad-based gains across several major currencies, with the South Korean won leading the advance after strengthening by 0.82%. The New Zealand dollar followed with a 0.79% increase, while the Australian dollar gained 0.34%. The British pound and Japanese yen both advanced by 0.17%, while the euro recorded a smaller gain […]
by Currency Hedger
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- 4 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds gains above 176.50, but downside bias prevails below 100-day SMA
The EUR/JPY cross trades in positive territory around 176.65 during the early European trading hours on Monday. However, the potential upside for the cross might be limited amid hawkish signals from the Bank of Japan (BoJ). The BoJ left rates unchanged last month but emphasized its resolve to combat inflationary risk, reinforcing market expectations of […]
by Currency Hedger
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- 4 days ago
EUR, Market Analysis, Technical Analysis, USD
Chart of the Day: EURUSD Between a Hawkish ECB and a Cautious Fed
Friday’s EURUSD session is dominated by anticipation ahead of the US nonfarm payrolls (NFP) report. Today’s release could have a significant impact on the pair’s near-term direction, as markets are increasingly pricing in the possibility of another Federal Reserve rate hike at its December meeting. Expectations for US monetary policy have risen following recent hawkish […]
by Currency Hedger
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- 7 days ago
EUR, GBP, Market Analysis
Euro wavers in range against British Pound, ignoring upbeat German factory data
The Euro (EUR) wavers without a clear trend against the British Pound (GBP) on Friday, unable to take any significant advantage of the bright German Industrial Production figures released earlier on the day. The EUR/GBP pair trades just above 0,8340, halfway through the 0.8320-0.8360 range of the last few days, as the risk-averse mood keeps […]
by Currency Hedger
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- 7 days ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Declines below 1.1200 as bearish bias holds below key technical resistance
The EUR/USD pair trades on a weaker note around 1.1195 during the early European trading hours on Friday. Markets might turn cautious later in the day ahead of the German Industrial Production, Eurozone Retail Sales and US employment reports, which are due later on Friday. Safe-haven flows after a sell-off in AI stocks worldwide could […]
by Currency Hedger
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- 7 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades near 176.50 after slipping below nine-day EMA
EUR/JPY loses ground for the second consecutive day, trading around 176.80 during Asian hours on Friday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is keeping a bearish near-term tone as it holds below both the […]
by Currency Hedger
- 0 Comments
- 7 days ago
EUR, Market Analysis, Technical Analysis, USD
Euro weakens to near 1.1200 as traders await US jobs data
The EUR/USD pair loses ground to near 1.1215 during the early Asian session on Friday, pressured by a cautious mood. However, the potential downside for the pair might be limited amid the hawkish stance from the European Central Bank (ECB). All eyes will be on the US September jobs data later on Friday. ECB Governing […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Bulls await breakout above 1.1270 resistance, range top
The EUR/USD pair gains positive traction for the second straight day on Thursday, trading around the 1.1265 region during the Asian session, close to a near one-week high touched the previous day. The US Dollar (USD) drops to a fresh low since late September as a Democratic sweep in the US midterm elections raised worries […]
by Currency Hedger
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- 1 week ago
EUR, GBP, INR, NOK, USD
Swedish Krona Leads Currency Gains as Dollar Index Falls 0.25%
The Swedish krona led major currency movements, rising 0.40%, as the New Zealand dollar and Japanese yen also recorded gains. The euro and British pound strengthened, while the Indian rupee and US Dollar Index were among the biggest decliners. The latest currency performance highlights broad gains across several major currencies against a weaker US dollar. […]
by Currency Hedger
- 0 Comments
- 1 week ago