EUR
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Strengthens above 177.00, but bearish bias persists below key resistance
The EUR/JPY cross trades in positive territory near 177.10 during the early European trading hours on Thursday. However, the potential upside for the cross might be limited as traders remain on high alert for currency intervention from Japanese authorities. Japanese Finance Minister Satsuki Katayama warned that she was prepared to take action in the currency […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis, USD
Euro Rebounds Towards $1.12 as Fed Caution Offsets Persistent Eurozone Risks
The euro has rebounded towards $1.12 against the US dollar after recovering from an 18-month low, as cautious comments from Federal Reserve officials prompt traders to reassess expectations for further US monetary tightening. However, the recovery remains vulnerable to persistent euro-area inflation, uncertainty surrounding European Central Bank (ECB) policy and fiscal concerns in highly indebted […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis, USD
Chart of the Day – EUR/USD attempts to rebound ahead of US inflation data
EUR/USD is in focus today ahead of the US CPI release scheduled for 14:30 Polish time. The market expects inflation to accelerate to 3.6% y/y from 3.4% previously and to 0.6% m/m from 0.4% previously . Higher gasoline prices may push up the September headline reading, although underlying inflationary pressures excluding food and energy are […]
by Currency Hedger
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- 1 week ago
EUR, GBP, Market Analysis
Euro hits fresh 16-month lows against a firmer British Pound
The Euro (EUR) resumes its downtrend against the British Pound (GBP) as high Oil prices are hitting the common currency harder than the GBP, while concerns about France’s public debt keep investors on their toes. The EUR/GBP pair has reached a fresh 16-month low at 0.8442 and shows a 1.92% decline in less than three […]
by Currency Hedger
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- 1 week ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Gains ground below 177.50, but stays bearish below 100-day SMA
The EUR/JPY cross trades in positive territory around 177.30 during the early European trading hours on Wednesday. The Japanese Yen (JPY) edges lower against the Euro (EUR) on a cautious Bank of Japan (BoJ) rate outlook. Traders will closely monitor the speech by European Central Bank (ECB) President Christine Lagarde later in the day. Bloomberg […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Gains ground near 1.1150, US CPI awaited
The Euro (EUR) extends its Tuesday’s strong recovery move to near 1.1210 against the US Dollar (USD) during the Asian trade on Wednesday. The major currency pair attracts bids due to the correction in the US Dollar amid the pause in United States (US) Treasury Yields’ rally remaining intact ahead of the Consumer Price Index […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis
Euro trims losses amid a softer USD, with upside attempts likely to remain shallow
The Euro (EUR) shows moderate gains on Tuesday, rather due to the US Dollar’s (USD) weakness than intrinsic Euro strength. The EUR/USD pair trades at 1.1194 after bouncing from 17-month lows near 1.1150 on Monday, but the broader bearish trend remains intact, following a 3.5% decline in a five-week sell-off, amid concerns about France’s fiscal […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Remains below 177.00 as bearish bias prevails
EUR/JPY loses ground for the second successive day, trading around 176.90 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross retains a bearish near-term bias as it holds below both the 9- and 50-day Exponential […]
by Currency Hedger
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- 2 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Gets some relief from Russia-Ukraine energy ceasefire
The Euro (EUR) is marginally higher at around 1.1208 against the US Dollar (USD) during the Asian trading session on Monday. The major currency pair gets slight relief from the announcement of an energy ceasefire between Russia and Ukraine, which has put some pressure on oil prices. Over the weekend, US President Donald Trump announced […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Rises to near 177.50 barrier near nine-day EMA
EUR/JPY gains ground for the third successive day, trading around 177.40 during Asian hours on Monday. Liquidity would be thin, although it is the best opportunity for ‘Yentervention’. Technical analysis of the daily chart shows that the currency cross is moving downward within the descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross […]
by Currency Hedger
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- 2 weeks ago