On Wednesday morning it seemed like the EUR/USD currency exchange rate has decided upon stagnating until the middle of Thursday's trading.
The expected surge of the Euro against the Greenback began on Monday. However, it did not manage to extend its gains into Tuesday.
On Monday morning the EUR/USD currency pair slightly declined. However, there were various signs of an upcoming surge.
On Friday morning the EUR/USD currency exchange rate remained in the range of the previous trading session.
After scoring gains on Wednesday the EUR/USD currency exchange rate bounced off from the resistance, which is put up by the weekly R1 at the 1.1248 level.
On Wednesday morning the EUR/USD currency exchange remained below the strong resistance cluster near the 1.1190 mark. However,
As it was forecasted on Monday, the common European currency is depreciating against the US Dollar, as weak support levels are easily passed.
The EUR/USD currency exchange rate seems to be beginning the expected decline. However, that is still to be seen.
The Euro has returned against the US Dollar to the same level, where the week was started.
The fundamental results of the Wednesday's trading session were rather neutral. Due to that reason the Euro has returned to its previous path.
Wednesday's trading session is set to be all about fundamental events. Meanwhile, technical charts
The EUR/USD currency exchange rate was already above the 1.12 mark, as Angela Merkel made comments publicly in regards to the monetary policy of ECB and pushed the currency exchange rate even higher.
After reaching the 1.12 mark the EUR/USD currency exchange rate has paused its surge.
After a session of consolidation and suffering some losses on Thursday, on Friday morning the common European currency was regaining its lost ground against the US Dollar.
The Euro has stopped the surge against the US Dollar. However, it also has a strong enough support to not give up a lot of ground.
The long term ascending channel has been broken. The currency exchange rate is scoring new gains, as it reaches above the 1.11 mark.
The Euro is reaching long unseen heights against the US Dollar on Tuesday.
The Euro continues to move higher against the US Dollar, as the pair faces no resistance with the start of a new week.
After finding support on Thursday, the EUR/USD currency exchange rate traded near the 1.0850 mark on Friday morning. However,
On Thursday morning the EUR/USD currency exchange rate remained below the 1.09 level. However, a fall of the Euro is still expected by the markets.
The common European currency has paused its fall against the US Dollar. The reason for that is the fact that the US Dollar weakened in the last 24 hours due to a fundamental event.
The fall of the Euro continued on Tuesday morning. However, levels of support were close by.
The Euro opened the day's trading session higher. However during the first hours of the day the gains were lost.
The Euro has jumped more than 100 base points during Thursday's trading, which is a larger amount than it was expected.