The surge of the EUR/USD managed to pass the resistance of the weekly simple pivot point at 1.1723 and the 200-hour simple moving average near 1.1730. Moreover, the rate reached the 1.1750 level before slightly declining on Tuesday morning. Economic Calendar Analysis On Wednesday, US Durable Goods Orders release at 12:30 GMT could cause an adjustment in the value of
At the start of this week's trading, the EUR/USD currency exchange rate passed the resistance of a channel down pattern. The pattern had guided the rate down since August 13. During the early hours of Monday's trading, the pair reached and bounced off the resistance of the weekly simple pivot point at 1.1723 and reached the support of a 61.80% Fibonacci
During the first half of Thursday's trading session, the EUR/USD currency pair surged by 30 pips or 0.26%. However, the exchange rate erased the earlier gains by the end of the trading session. Economic Calendar Analysis EUR/USD hourly chart's review Technical indicators suggest buying signals on the 4H and daily time-frame charts. Most likely, the European single currency could edge lower
On Wednesday, the Eurozone single currency declined by 29 pips or 0.25% against the US Dollar. The currency pair breached the lower boundary of a descending channel pattern during the Asian session on Thursday. Economic Calendar Analysis On Thursday, the US Unemployment Claims could cause a move from 5.9 to 28.8 pips. EUR/USD hourly chart's review All things being equal, the EUR/USD
Downside risks dominated the EUR/USD currency pair on Tuesday. As a result, the common European currency fell by 73 pips or 0.62% against the US Dollar during yesterday's trading session. Economic Calendar Analysis On Wednesday, the top event of the week would occur. At 18:00 GMT, the US FOMC Meeting Minutes could cause a move from 10.8 to 54.3, as it
On Monday, the common European currency declined by 28 pips or 0.24% against the US Dollar. The decline was stopped by the weekly pivot point at 1.1766 during Monday's trading session. Economic Calendar Analysis On Tuesday, at 12:30 GMT, the US Core Retail Sales and US Retail Sales are expected to be released. The Retail Sales have caused moves from 9.4 to
On Friday, the Eurozone single currency edged higher by 71 pips or 0.61% against the US Dollar. A breakout occurred through the upper boundary of a descending channel pattern during Friday's trading session. Economic Calendar Analysis On Tuesday, at 12:30 GMT, the US Core Retail Sales and US Retail Sales are expected to be released. The Retail Sales have caused moves
The common European currency has edged higher by 41 pips or 0.35% against the US Dollar since this week's trading sessions. The currency pair breached the 55- and 100- hour SMAs this week. Economic Calendar Analysis EUR/USD hourly chart's review By and large, the exchange rate could end this week on a decline. Though, given that the EUR/USD pair has
The common European currency surged by 41 pips or 0.35% against the US Dollar on Wednesday. The currency pair tested the upper line of a descending channel pattern during yesterday's trading session. Economic Calendar Analysis On Thursday, at 12:30 GMT, the US Producer Price Index is set to reveal more information about inflation in the United States. EUR/USD hourly chart's
On Tuesday, the common European currency fell by 28 pips or 0.24% against the US Dollar. The currency pair tested the weekly S1 at 1.1712 during Tuesday's trading session. Economic Calendar Analysis On Wednesday, at 12:30 GMT, the US Core Consumer Price Index is bound to cause USD volatility, which could impact the EUR/USD. Afterwards, on Thursday, at 12:30 GMT,
On Monday, the Eurozone single currency declined by 32 pips or 0.27% against the US Dollar. The exchange rate tested a four-month low at 1.1730 during Monday's trading session. Economic Calendar Analysis On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However, note that during most times the event does not
On Friday, at 12:30 GMT, the release of US monthly employment data caused a decline, which broke the support at 1.1825. The common European currency declined by 72 pips or 0.61% against the US Dollar during Friday's trading session. Economic Calendar Analysis On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However,
The 55– hour simple moving average provided resistance for the EUR/USD currency pair on Thursday. As a result, the common European currency declined by 32 pips or 0.27% against the US Dollar during Thursday's trading session. Economic Calendar Analysis The week will end with the Friday's release of the US employment data at 12:30 GMT. The event consists of
During the first half of Wednesday's trading session, the Eurozone single currency surged by 53 pips or 0.45% against the US Dollar. But, the EUR/USD pair surrendered the earlier gains by the end of Wednesday's session. Economic Calendar Analysis The week will end with the Friday's release of the US employment data at 12:30 GMT. The event consists of the
On Tuesday, the common European currency declined by 36 pips or 0.30% against the US Dollar. The currency pair breached the 55– and 100– hour SMAs during yesterday's trading session. Economic Calendar Analysis On Wednesday, at 14:00 GMT, the US ISM Non-Manufacturing PMIs is set to be released. The EUR/USD has moved 5.9 to 12.4 pips on the release. The week will
During the first half of Monday's trading session, the common European currency surged by 35 pips or 0.30% against the US Dollar. However, the EUR/USD pair surrendered the earlier gains by the end of Monday's session. Economic Calendar Analysis On Wednesday, at 14:00 GMT, the US ISM Non-Manufacturing PMIs is set to be released. The EUR/USD has moved 5.9 to
On Friday, the Eurozone single currency plunged by 54 pips or 0.45% against the US Dollar. The decline was stopped by the 50– hour simple moving average during Friday's trading session. Economic Calendar Analysis Next week, on Monday, the US ISM Manufacturing PMI could cause a move. The EUR/USD has moved 10.8 to 16.5 pips on the release since March 1. On
During the GMT midnight hour to Friday, the EUR/USD approached the resistance of the weekly R3 simple pivot at 1.1897 and the 1.1900 mark. However, the rate reversed its direction on Friday morning and retraced down. Economic Calendar Analysis On Friday morning, at 08:00 GMT, the German Preliminary GDP could cause EUR/USD moves from 7.2 to 14.1 base points. Next week, on Monday,
Despite an initial sharp drop that was caused by the Federal Reserve on Wednesday, on Thursday, the EUR/USD had recovered and reached above the resistance of the 1.1850 mark. In addition, the rate had passed the resistance of the weekly R2 simple pivot point at 1.1864. Economic Calendar Analysis On Thursday, the US Advance GDP at 12:30 GMT is bound to move the
On Tuesday, the EUR/USD not only managed to pass the resistance of the weekly R1 and the late July high levels, but also reached the 1.1840 level. The 1.1840 provided enough resistance for the rate to decline. On Wednesday morning, the rate's decline found support in the 55-hour simple moving average. Economic Calendar Analysis The top event of all will take place
The EUR/USD currency exchange rate has reached above the 1.1800 mark. On Tuesday morning, the pair traded in the range between the 1.1800 and 1.1810 levels. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00 GMT. The US Federal Reserve is scheduled to make a Rate Statement. The EUR/USD has moved from 17.1 to 67.1 pips
The support of the zone above the 1.1750 mark has held and caused a recovery of the EUR/USD currency exchange rate. By the middle of Monday's European trading hours, the pair had reached the resistance of the 1.1800 mark. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00 GMT. The US Federal Reserve is scheduled to
On Thursday, the Eurozone single currency declined by 62 pips or 0.53% against the US Dollar. The currency pair tested the weekly support level at 1.1758 during Thursday's trading session. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions EUR/USD
The common European currency rose by 40 pips or 0.34% against the US Dollar on Wednesday. The currency pair breached the 55– and 100– hour SMAs during Wednesday's trading session. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event