EUR
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds above 176.00 despite bearish bias
EUR/JPY remains stronger for the second successive day, trading around 176.20 during Asian hours on Tuesday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish bias as it holds beneath both the nine- and 50-day Exponential Moving […]
by Currency Hedger
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- 2 weeks ago
EUR, GBP, Market Analysis, Technical Analysis
Euro tests 0.8400 against British Pound as German business climate beats expectations
The Euro (EUR) extends gains against the British Pound on Monday, following the release of a better-than-expected German IFO Business Climate report. The EUR/GBP pair has reversed a previous pullback and is testing the 0.8400 level at the time of writing, posting a 0.3% recovery from the year-to-date lows near 0.8360 hit earlier on Friday. […]
by Currency Hedger
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- 3 weeks ago
EUR, Market Analysis, Technical Analysis
Euro edges higher above 1.1200 despite French debt worries
The EUR/USD pair recovers some lost ground to near 1.1220 during the early Asian trading hours on Monday. However, the potential upside for the pair might be limited amid concerns over French unrest and political risks. Germany’s IFO reports are due later on Monday. CNBC reported that protests throughout France over the worsening cost of […]
by Currency Hedger
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- 3 weeks ago
EUR, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Falls below 176.00 after a bullish gap opening
EUR/JPY gains ground after three days of losses, trading around 175.90 during Asian hours on Monday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, indicating a persistent bearish bias. The EUR/JPY cross is keeping a bearish near-term tone as it holds below both the nine- and 50-period […]
by Currency Hedger
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- 3 weeks ago
EUR, Technical Analysis
EUR/JPY Price Forecast: Trades around 176.00 after rebounding from fresh 12-month lows
EUR/JPY gains ground after two days of losses, trading around 176.10 during Asian hours on Friday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, indicating a persistent bearish bias. The EUR/JPY cross is extending a corrective tone as it holds beneath the nine- and 50-period Exponential Moving […]
by Currency Hedger
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- 3 weeks ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Softens to near 1.1200, sub-100-day SMA keep outlook bearish
The EUR/USD pair trades in negative territory around 1.1210 during the early European trading hours on Friday. Worries about France’s ability to tackle its huge debt burden have hurt French government bonds and exert some selling pressure on the Euro (EUR) against the US Dollar (USD). France’s benchmark 10-year government bond yield climbed 6.5 basis […]
by Currency Hedger
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- 3 weeks ago
EUR, GBP, Market Analysis, Technical Analysis
EUR/GBP Price Forecast: Attempting to regain 0.8400 after hitting oversold levels
The Euro (EUR) shows a mild bullish correction against the British Pound (GBP) on Thursday, following a more than 2.7% selloff from late September highs that had pushed the Relative Strength Index to heavily oversold levels in most timeframes. The EUR/GBP pair trades around 0.8390, after hitting fresh 17-month lows near 0.8370 on Wednesday, with […]
by Currency Hedger
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- 3 weeks ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Holds gains near 1.1250, but bearish bias holds below 100-day average
The EUR/USD pair trades in positive territory near 1.1245 during the early European trading hours on Thursday. Nonetheless, the potential upside might be limited amid fiscal concerns in France. European Central Bank (ECB) policymaker Fabio Panetta is scheduled to speak later on Thursday. French 10-year borrowing costs climbed above 5% for the first time in […]
by Currency Hedger
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- 3 weeks ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Hovers around nine-day EMA, 177.50
EUR/JPY loses ground for the second successive day, trading around 177.50 during Asian hours on Thursday. 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 is maintaining a bearish near-term tone as it holds below both the nine- and 50-period […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests nine-day EMA support near 177.50
EUR/JPY halts its four-day winning streak, trading around 177.70 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 is consolidating between short-term support and medium-term resistance. The currency cross holds just above the nine-day Exponential […]
by Currency Hedger
- 0 Comments
- 3 weeks ago