On Tuesday morning, the EUR/USD passed the support of the 100-hour SMA and the weekly simple pivot point at 1.1259. Due to that reason, the pair faced the support of the monthly pivot point at 1.1246, which was the only support level left above the 1.1200 mark. Economic Calendar Analysis During the week, the action on the economic calendars will start and most
At the end of last week, the resistance of the monthly pivot point at 1.1385 managed to hold and cause a decline of the EUR/USD. On Monday, the rate was approaching the support of the weekly pivot point and the 100-hour simple moving average near 1.1260. Economic Calendar Analysis During the week, the action on the economic calendars will start and most likely
On Thursday, the EUR/USD found support in the 1.1200 level and began a surge. By the middle of Friday's GMT trading hours, the rate had already touched the high level of 1.1385. However, after touching the new high level, the rate began a decline, which could end near the 1.1315 level. Economic Calendar Analysis The week will end with the US Employment data
The EUR/USD reached its target at the 1.1250 level. However, the surge did not continue after reaching the target. In the aftermath of touching the 1.1250 mark, the rate declined. By the middle of Thursday's GMT trading hours, the rate had retreated to the 1.1200 level. Economic Calendar Analysis On Thursday, June 4, the European Central Bank is set to issue the Monetary
As expected, the EUR/USD reached the 1.1200 level. Moreover, the rate passed this level's resistance on Wednesday. Next target for the surge of the EUR/USD was a pivot point at 1.1246. Economic Calendar Analysis On Wednesday, June 3, two macroeconomic events from the US are expected: the ADP Non-Farm Employment Change at 12:15 GMT and the ISM Non-manufacturing PMI at 14:00 GMT. On Thursday,
The EUR/USD managed to pass the resistance of the 1.1150 mark. The event occurred due to the support of the 55-hour SMA pushing the pair up. In regards to the near term future, the pair was expected to reach for the 1.1200 level. Economic Calendar Analysis On Wednesday, June 3, two macroeconomic events from the US are expected: the ADP Non-Farm Employment Change
The EUR/USD is trading sideways, as it awaits the support of the hourly simple moving averages. The SMAs should signal that the pair is no longer overbought. In regards to the near term future, if the pair passes the 1.1150 mark, it could reach for the 1.1200 level. Economic Calendar Analysis Traditionally, the first week of the month is busy on the economic
The EUR/USD currency pair breach the medium-term ascending channel north. It is likely that the pair could gain support from the weekly R2 and monthly R1 and trade upwards in the short run. Economic Calendar Analysis Traditionally, the first week of the month is busy on the economic calendar. On Monday, June 1, the Institute for Supply Management will release the US ISM Manufacturing
The EUR/USD currency pair has revealed a medium-term ascending channel. The pair could gain support from the 55-hour SMA and trade upwards in the nearest future. Economic Calendar Analysis This week, there is one notable time to watch the economic calendar. Today, a group of various US data sets will be published at 12:30 GMT. Each one of these data sets on their
During Wednesday morning, the EUR/USD currency pair pierced the weekly R1 at 1.1010. Theoretically, it is likely that a reversal south could occur, as the pair could enter the overbought area. Economic Calendar Analysis This week, there is one notable time to watch the economic calendar. At 12:30 on Thursday, a group of various US data sets will be published. Each one of
During Tuesday morning, the EUR/USD currency pair skyrocketed to 1.0960. Given that the pair is supported by the 100-hour SMA, it is likely that some upside potential could prevail in the market. Economic Calendar Analysis This week, there is one notable time to watch the economic calendar. At 12:30 on Thursday, a group of various US data sets will be published. Each
The EUR/USD currency pair failed to surpass the support formed by the Fibo 23.60% and the 200-hour SMA at 1.0890. It is likely that the pair could consolidate within the following trading session. Economic Calendar Analysis This week, there is one notable time to watch the economic calendar. At 12:30 on Thursday, a group of various US data sets will be published. Each
The resistance of the 1.1000 held a second time on Thursday. Afterwards, a decline occurred. By the middle of Friday's GMT trading hours, the EUR/USD pair had dropped by a hundred pips, as it had reached the 1.0900 mark. Economic Calendar Analysis Next week, there is one notable time to watch the economic calendar. At 12:30 on Thursday, a group of various US
On Wednesday, the EUR/USD eventually managed to reach the 1.1000 level. The 1.1000 provided resistance and caused a decline, which found support at 1.0952. On Thursday, it was expected that the pair would once again test the resistance of the 1.1000 mark. Economic Calendar Analysis Markit is going to publish the US Flash Manufacturing PMI survey results on Thursday, May 21, at 13:45
The surge of the EUR/USD on Tuesday was stopped by the resistance of the 1.0970 level, which caused a decline back to the 1.0920 mark. By mid-day on Wednesday, the rate traded between the 1.0940 and 1.0950 levels. Economic Calendar Analysis Markit is going to publish the US Flash Manufacturing PMI survey results on Thursday, May 21, at 13:45 GMT. Additionally, the German
On Monday, the EUR/USD surged up to the 1.0920 level, where it traded sideways until Tuesday morning. On Tuesday morning, the pair reached the 1.0950 level. If the rate would manage to pass resistance levels at 1.0950, it could reach for the weekly R3 at the 1.1008 mark. Economic Calendar Analysis During the week, Markit is going to publish the US Flash Manufacturing
The EUR/USD started the week by testing the support of the 1.0800 level. In the meantime, the rate was being pressured by technical resistance levels near the 1.0820 mark. At that level the 100 and 200-hour simple moving averages. Economic Calendar Analysis Today, the US Retail Sales on Friday is being released at 12:30 GMT. During the week, Markit is going to publish
Yesterday, the EUR/USD currency pair breached the short-term ascending channel south. Given that the pair is pressured by the 55-, 100- and 200-hour moving averages, it is likely that some downside potential could prevail. Economic Calendar Analysis Today, the US Retail Sales is being released at 12:30 GMT. Next week, Markit is going to publish the US Flash Manufacturing PMI survey results on
The EUR/USD currency pair continued to trade within the short-term ascending channel. During today's morning, the pair was testing the lower channel line. From a theoretical point of view, it is likely that a reversal south could occur. Economic Calendar Analysis This week, monthly US inflation and retail sales data sets are bound to be cause notable reactions, as they have
Yesterday, the EUR/USD currency pair revealed a short-term ascending channel. The pair has already re-tested the upper channel line. From a theoretical perspective, it is likely that the pair could re-test the lower channel line in the nearest future. Economic Calendar Analysis This week, monthly US inflation and retail sales data sets are bound to be cause notable reactions, as they have done
The EUR/USD currency pair remains to be under pressure of the 55- and 100-hour moving averages. If the given moving averages hold, it is likely that some downside potential could prevail in the market. Economic Calendar Analysis This week, monthly US inflation and retail sales data sets are bound to be cause notable reactions, as they have done in the past. Namely,
The EUR/USD currency pair failed to pass the resistance of the 200-hour SMA on Friday. During Monday morning, the pair was testing the 1.0820 level. Given that the pair is pressured by the 55- and 100-hour SMAs, it is likely that some downside potential could prevail. Economic Calendar Analysis This week, monthly US inflation and retail sales data sets are bound to be
Instead of declining, the EUR/USD managed to pass the resistance of the 55-hour SMA on Thursday. By mid-day on Friday, the pair had managed to test resistance levels at 1.0856 and bounce off of them before finding support in 1.0820. Economic Calendar Analysis On Friday, the week will end with the employment data release from the United States, on Friday at 12:30 GMT.
Since the middle of Wednesday's European trading hours, the EUR/USD has traded sideways near the 1.0800 level. However, it appeared by mid-day on Thursday that the sideways trading is about to end. Economic Calendar Analysis On Friday, the week will end with the employment data release from the United States, on Friday at 12:30 GMT. Next week, monthly US inflation and retail sales