The EUR/USD has bounced off the resistance zone at 1.0825/1.0830 and declined below 1.0800 level. Moreover, the pair has passed the support of the 55-hour simple moving average. Economic Calendar Analysis On Tuesday, the US PMIs will be published. The survey result release is scheduled for 13:45 GMT. On Wednesday, at 18:00 GMT, the FOMC Meeting Minutes publication could provide more insight into
The EUR/USD has reached a new low level by trading near 1.0760 during the end of the last week. However, a recovery of the Euro followed. On Monday the currency pair bounced off a resistance zone at 1.0825/1.0830. The zone was strengthened by the weekly simple pivot point at 1.0822 and the 100-hour simple moving average. Meanwhile, support appeared to
The 1.0900 mark held and caused a decline, which on Wednesday morning passed below the support of the 1.0845 level. Economic Calendar Analysis On Wednesday, at 18:00 GMT, the FOMC Meeting Minutes publication could provide more insight into the Federal Reserve's policy. On Thursday, The US Preliminary GDP and Unemployment Claims releases at 12:30 GMT are highly likely going to impact the
The EUR/USD has managed to pass the resistance of the 50-hour simple moving average. However, on Tuesday morning, the resistance of the 1.0900 mark was still holding. Economic Calendar Analysis On Tuesday, the US Flash Manufacturing and Services PMIs might impact the financial markets through an adjustment of USD value. On Wednesday, take into account that a possible move could be caused
The EUR/USD currency pair appears to have pierced the May channel down pattern. However, support has been provided by the 1.0845/1.0850 range. Economic Calendar Analysis During the upcoming week, on Tuesday, the US Flash Manufacturing and Services PMIs might impact the financial markets through an adjustment of USD value. On Wednesday, take into account that a possible move could be caused by
In the aftermath of the US CPI caused EUR/USD bounce, the EUR/USD rate found resistance in the 1.1000 mark. The round level caused a decline, which by mid-Friday had passed below 1.0900. Economic Calendar Analysis During the upcoming week, on Tuesday, the US Flash Manufacturing and Services PMIs might impact the financial markets through an adjustment of USD value. On Wednesday, take
The EUR/USD was looking for support in the weekly S1 simple pivot point, as the US CPI data release caused a surge of the rate. Following the release, the pair was heading to the 1.1000 mark and the technical levels above it. Economic Calendar Analysis On Thursday, watch out for the US Producer Price Index publication at 12:30 GMT. In addition, at
The EUR/USD was heading to the support of the 1.0965 level on Tuesday morning. Economic Calendar Analysis This week, the US Consumer Price Index data release on Wednesday at 12:30 GMT is set to impact the financial markets. On Thursday, watch out for the US Producer Price Index publication at 12:30 GMT. In addition, at the same time the US weekly Unemployment Claims
The EUR/USD dipped to the support zone near 1.0965, before recovering on Friday. During Monday's trading, the currency pair was fluctuating near the 1.1030 level. However, during the early hours of US trading, the pair was declining below support levels at 1.1015/1.1025. Economic Calendar Analysis This week, the US Consumer Price Index data release on Wednesday at 12:30 GMT is set to
Prior to the Federal Reserve interest rate hike, the EUR/USD approached the 1.1085/1.1095 resistance zone. After the hike and the follow up press conference, the currency exchange rate continued to test the resistance. Economic Calendar Analysis After the Fed's decision, on Thursday, the European Central Bank is set to reveal its Main Refinancing Rate at 12:15 GMT. Currently, the ECB is expected
The EUR/USD has passed below the support zone at 1.0965 and the weekly S1 simple pivot point at 1.0953. However, it was observed that despite being pierced the pivot point had held. Economic Calendar Analysis This week, the top event of the week will be the announcement of the US Federal Reserve Federal Funds Rate at 18:00 GMT. The Fed is expected
The EUR/USD appears to be waiting for the Wednesday's Federal Reserve interest rate hike. Meanwhile, from a technical analysis perspective, the pair has revealed a resistance zone near 1.1100 and support near 1.0965. Economic Calendar Analysis This week, the top event of the week will be the announcement of the US Federal Reserve Federal Funds Rate at 18:00 GMT. The Fed is
The EUR/USD was heading to the 1.1100 mark at mid-day on Wednesday, as the US Durable Goods Orders data was released. The data revealed that US consumers continue to buy long term use goods, which signals that inflation would remain high. In turn, high inflation might force the US Federal Reserve to hike interest rates more than expected. Due to
The EUR/USD found support in the weekly simple pivot point at 1.0965. The event was followed with a surge of the rate up to the resistance of the 1.1060 level. At mid-day on Wednesday, the rate was testing the resistance level. Economic Calendar Analysis This week, the US Advance GDP release at 12:30 on Thursday is bound to impact the value of
The EUR/USD reached above the 1.1060 level at midnight to Tuesday. Afterwards, a decline started, as by mid-day the pair had reached below 1.1020. Economic Calendar Analysis This week, the US Advance GDP release at 12:30 on Thursday is bound to impact the value of the US Dollar. However, the top event of the week will be the US Core PCE Price
The EUR/USD has managed to reach above 1.1000. Moreover, the round exchange rate level has turned into support. By the middle of Monday's trading hours, the rate has moved above 1.1025 and the weekly R1 simple pivot point at 1.1022. Economic Calendar Analysis This week, the US Advance GDP release at 12:30 on Thursday is bound to impact the value of the
The EUR/USD has been ignoring the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point, as it has been highly volatile between the 1.0940 mark and the resistance of the 1.0982/1.0984 range. On Thursday afternoon, the pair pierced the resistance zone. Economic Calendar Analysis On Friday, the US Flash Manufacturing and Services PMIs could cause an impact on
The EUR/USD has revealed a support and resistance zone. Most recently, the pair bounced off the resistance of the 1.0982/1.0984 range. On Wednesday morning, the pair passed the combination of the weekly simple pivot point and the 50 and 200-hour simple moving averages. Economic Calendar Analysis On Friday, the US Flash Manufacturing and Services PMIs could cause an impact on the US
The EUR/USD bounced off 1.1080 and declined. By mid-Monday the rate had reached below 1.0980. Meanwhile, the 1.1000 mark was acting as resistance. Economic Calendar Analysis Note the US Empire State Manufacturing Index on Monday at 12:30 GMT. On Friday, the US Flash Manufacturing and Services PMIs could cause an impact on the US Dollar. EUR/USD hourly chart A move below 1.0960 and the weekly
The EUR/USD currency pair extended its surge due to the decrease in US Producer Price Inflation, which beat down the value of the USD. By mid-Friday, the pair had reached the weekly R2 simple pivot point at 1.0732. Economic Calendar Analysis On Friday, the US Retail Sales data might cause a reaction in the financial markets at 12:30 GMT. Next week, note the
The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. As a result, the EUR/USD currency pair has surged. By the middle of Thursday's trading, the pair was above 1.1025. Economic Calendar Analysis On
The EUR/USD revealed a support zone below 1.0840 on Monday. The support zone was enough to cause a surge, which by mid-Tuesday had managed to reach above the technical levels near 1.0900. Economic Calendar Analysis On Wednesday, watch out for the US Consumer Price Index release at 12:30 GMT. The US inflation data is bound to impact the US Dollar's value. On
The EUR/USD has retreated back below 1.0900. However, on Thursday, the rate was making attempts to recover, as it tested the 1.0910/1.0930 range and the combination of the 50-hour simple moving average and the weekly R1 simple pivot point at 1.0928. Economic Calendar Analysis On Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings, Non-Farm Employment Change and
The US JOLTS Job Opening data caused a drop of the US Dollar at 14:00 GMT on Tuesday. The event caused a surge of the EUR/USD above the resistance of 1.0910/1.0930. Since the surge, the pair has been fluctuating in the 1.0940/1.0970 range. Economic Calendar Analysis Above all, on Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings,