EUR/USD moves above 1.03000

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Source: Dukascopy Bank SA
EUR/USD has seen a recovery towards levels of 1.03500 while breaching price levels of 1.02730 and 1.02370.



Further momentum to the upside could bring the FX currency pair closer to 1.04000. The FX pair is trading above the simple moving averages, which could indicate a shift in momentum from bearishness to bullishness in the near term.

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Tue, 21 Jan 2025 16:19:30 GMT

EUR/USD Technical analysis

EUR/USD has seen a recovery towards levels of 1.0400 while breaching price levels 1.03560 and creating a support level. in that zone Further momentum to the upside could bring the FX currency pair closer to 1.04210. The FX pair is trading above the simple moving averages, which could indicate a shift in momentum from bearishness to bullishness in the

Fri, 10 Jan 2025 09:51:53 GMT

GBP/USD closer to 1.23000

The continued strength of the USD has brought GBP/USD closer to the 1.23000 level. Simple moving averages suggest that a short-term recovery may occur. A bullish reversal towards 1.24500 could serve as a strong resistance level. If no significant bullish movement occurs, a move towards 1.2200 could be imminent.

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