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
The 55– hour simple moving average pressured the EUR/USD currency pair lower during Tuesday's trading session. Consequently, the Eurozone single currency declined by 45 pips or 0.38% against the US Dollar on Tuesday. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates.
The EUR/USD currency pair bounced off a support level formed by the lower boundary of a descending channel pattern at 1.1765 on Monday. As a result, the common European currency surged by 55 pips or 0.46% against the US Dollar during Monday's trading session. Economic Calendar Analysis Click on the link below to find out more about the
The decline of the EUR/USD currency exchange rate found support at the lower boundary of a descending channel pattern at 1.1790. 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 hourly chart's review In the near term future, if the currency pair surges, it
The recovery of the EUR/USD failed to pass the resistance of the 1.1850 mark. It resulted in a decline, which eventually found support in the 1.1800 level. On Friday morning, the rate was trading sideways above the 1.1800 level. Economic Calendar Analysis Today, the release of the US Retail Sales data at 12:30 GMT could cause an increase of volatility. On
On Thursday morning, the EUR/USD pierced the resistance of the 100 and 200-hour simple moving averages near the 1.1840 level. Economic Calendar Analysis On Friday, the release of the US Retail Sales data at 12:30 GMT could cause an increase of volatility. EUR/USD hourly chart's review In the case that the rate surges, the pair would reach the resistance of the weekly
The release of the US Consumer Price Index data on Tuesday caused high volatility of the EUR/USD and eventually a booking of new July low level at 1.1773 during the early hours of Wednesday's trading. Economic Calendar Analysis On Friday, the release of the US Retail Sales data at 12:30 GMT could also cause an increase of volatility. EUR/USD hourly chart's
Despite not facing any technical resistance on Monday, the EUR/USD currency exchange rate did not surge. The pair's attempt at moving higher on the chart was stopped by the 1.1880 level. The rate made two attempts to reach above the 1.1880 level before declining and finding support in the 100-hour simple moving average. On Tuesday, the currency exchange rate fluctuated below
At mid-day on Friday, the EUR/USD passed the resistance zone above the 1.1860 level and the 200-hour simple moving average. By doing so the rate passed the last technical resistance up to the 1.1923 level where the weekly R1 simple pivot point is located at. Economic Calendar Analysis This week, on Tuesday, at 12:30 GMT the US Consumer Price
Upside risks dominated the EUR/USD currency pair on Thursday. As a result, the common European currency rose by 77 pips or 0.65% against the US Dollar during Thursday's trading session. Economic Calendar Analysis On Friday, the Canadian Employment Change and unemployment rate at 12:30 GMT could cause a minor move the pair and commodity price charts. Click on the link
The Eurozone single currency declined by 41 pips or 0.35% against the US Dollar on Wednesday. The EUR/USD currency pair breached the weekly support level at 1.1801 during Wednesday's trading session. Economic Calendar Analysis On Thursday, the US Unemployment Claims at 12:30 GMT could cause a minor move on USD pair and commodity price charts. Click on the link below to
On Tuesday, the common European currency fell by 82 pips or 0.69% against the US Dollar. The currency pair was pressured lower by the 200– hour simple moving average during yesterday's trading session. Economic Calendar Analysis On Wednesday, at 18:00 GMT, the Federal Open Market Committee is set to publish its Meeting Minutes. Note that it will be just the meeting
The common European currency surged by 26 pips or 0.22% against the US Dollar on Monday. The surge was stopped by the weekly pivot point at 1.1873 during Monday's trading session. Economic Calendar Analysis On Wednesday, at 18:00 GMT, the Federal Open Market Committee is set to publish its Meeting Minutes. Note that it will be just the meeting minutes for the
On Friday, at 12:30 GMT, the release of US monthly employment data caused a surge, which broke the resistance of the 55 and 100-hour simple moving averages. By the middle of Monday's European trading hours, the pair had reached the 1.1880 level and had no technical resistance as high as the 1.1900 level. In the near term future, the rate was
On Thursday, the EUR/USD found enough support in the 1.1840 level and surged. The surge broke the resistance of the channel down pattern, which had guided the rate since June 25. However, the rate found resistance in the 55-hour simple moving average. The SMA caused a decline that on Friday was heading to the 1.1800 mark. Economic Calendar Analysis On Tuesday, the US
The EUR/USD passed the support of the 1.1850 mark and the previous June low level. In addition a channel down pattern was spotted on Thursday morning, which has guided the rate since June 25 when the rate hit a weekly high level. In the near term future, the rate was expected to continue to decline in the borders of the pattern.
The decline of the EUR/USD has reached below the 1.1900 level. Moreover, on Tuesday and Wednesday, the rate confirmed the 1.1910 level as resistance. In the near term future, the rate was expected to continue to decline. Economic Calendar Analysis On Thursday, the US weekly Unemployment Claims at 12:30 GMT could cause a minor USD move. The rate has moved from 8.8 to