EUR/USD remains bid in the 1.1770 region on Tuesday.Risk-on sentiment keeps bolstering the daily upside.German, EMU Economic Sentiment surpassed estimates.Following a drop to the 1.1720 region earlier in the European morning, EUR/USD has managed to retake the 1.18 neighbourhood along with
Daily Pivots: (S1) 1.1734; (P) 1.1808; (R1) 1.1861;
EUR/USD is staying in consolidation from 1.1916 and intraday bias remains neutral. Further rise could be seen as long as 1.1695 support holds. On the upside, break of 1.1916 will target will extend larger rally from 1.0635 to 161.8% projection of 1
Sentix 10 August 2020
Slightly better than expected, but a minor data point. Still growing confidence (or at least not as bad as expected) is better than the alternative. EURUSD unfazed and flat.
It's a yawn kind of day with the only bit of action the EURUSD pulling away from 1
Global stocks in Risk-On mood w/Asia equities advance most in a week after positive handover from Wall St: S&P 500 near pre-pandemic high. Bonds steady w/US 10y at 0.58%. Dollar a tad weaker w/Euro at...
EUR/USD looks to have formed a double top bearish reversal pattern on the daily chart with the neckline support at 1.1696 (Aug. 3 low). A daily close below that level would confirm the double top breakdown and create room for a sell-off to 1.1475 (target as per the measured height method).
EUR/USD retreats to 1.1735, having faced rejection above 1.19 last Thursday.
The pair failed to keep gains above 1.19 on July 31.
Daily chart now shows a double top pattern with neckline at 1.1696.
EUR/USD looks to have formed a double top bearish reversal pattern on the daily chart with the ne
The EUR/USD pair is down this Monday, nearing the 23.6% retracement of its July/August rally at 1.1742. Bears would eye a test of 1.1690 on a break below the mentioned support level, FXStreet’s Chief Analyst Valeria Bednarik reports.
“The EU published the August Sentix Investor Confidence
EUR/USD edged higher to 1.1916 last week but retreated since then. Initial bias remains neutral this week first. Further rise will remain in favor as long as 1.1695 support holds. On the upside, break of 1.1916 will target will extend larger rally from 1.0635 to 161.8% projection of 1.0774 to 1.1422
Opting for a bearish call for this pairing this week, so willing to cut my losses here. EUR/USD showing signs of exhaustion, and the initial 'high' following the successful Euro stimulus package is tapering off. On the other hand, Trump's announcement on executive orders as well as better than expec