EUR/USD battles1.1600 amid the dollar’s rebound
EUR/USD battles1.1600 amid the dollar’s rebound The Relative Strength Index on the four-hour chart is simply under 30, accordingly in the oversold domain. That infers a ricochet is inevitable, yet it very well may be brief. Euro/dollar is experiencing huge drawback force and exchanges well underneath the 50, 100, and 200 Simple Moving Averages. Generally […]
EUR/USD seems to be consolidating the recent downside below 1.1600
EUR/USD seems to be consolidating the recent downside below 1.1600 The EUR/USD pair completed the day with sharp losses, dying to a fifth continuous day. The everyday chart shows that specialized markers keep up with their sharp negative slant, notwithstanding they are at present creating inside oversold levels. The 20 SMA has sped up its […]
EUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low
EUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low The EUR/USD pair is down for a fourth continuous day, without any indications of surrendering. In the close to term, and as per the 4-hour outline, the negative potential is as yet solid, as specialized pointers head immovably lower inside regrettable levels, […]
Xtreamforex FX news wrap: Evergrande $45m payment due today – no word so far
Xtreamforex FX news wrap: Evergrande $45m payment due today – no word so far NASDAQ list has its most exceedingly terrible day since March 18. Local values were hammered lower today following the most exceedingly terrible day on Wall Street since May this year on Tuesday. A lot of prattle about on increasing rates, higher […]
EUR/USD bears have been in control on Tuesday and taking on critical support structures
EUR/USD bears have been in control on Tuesday and taking on critical support structures The EUR/USD pair trades around 1.1700, down for a second back-to-back day. The day-by-day chart shows that the danger stays slanted to the disadvantage, as the pair continues to create far under a negative 20 SMA, which meets with the half […]
Xtreamforex Fundamental Market Update 20 September 2021
Xtreamforex Fundamental Market Update 20 September 2021 EURUSD The pair is off the lows, yet the minor idea of the move suggests it must be a “dead-feline bob” – an impermanent rise before the following fall. Be that as it may, it could broaden and turn into a turnaround. While the dollar has cooled off […]
EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed
EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed Generally, EUR/USD is running across. As of late, EUR/USD broke the support zone of 1.17600. The Relative Strength Index on the four-hour graph is over 30, subsequently outside oversold conditions. Energy is to the disadvantage and the pair’s new adjustment has still […]
EUR/USD remains pressured around three-week lows, consolidate the biggest daily fall
EUR/USD remains pressured around three-week lows, consolidate the biggest daily fall Generally speaking, EUR/USD is going across. As of late, EUR/USD broke underneath the vital resistance of 1.18 after the arrival of the solid U.S. retail deals information. In any case, the specialized standpoint is probably going to stay negative except if the pair makes […]
EUR/USD edges higher around 1.1820, during Thursday’s Asian session
EUR/USD edges higher around 1.1820, during Thursday’s Asian session EUR/USD keeps on trading underneath the 50 and 100-time frame SMAs. Regardless, the specialized improvements don’t highlight a negative change in the close term viewpoint. Generally speaking, EUR/USD is going across. As of late, EUR/USD ricocheted up from the vital resistance of 1.18. European Central Bank […]
EUR/USD: Bulls struggle to close in the green, bears eye 1.1780
EUR/USD: Bulls struggle to close in the green, bears eye 1.1780 Generally speaking, EUR/USD is moving upwards. As of now, EUR/USD is trying to break over the critical resistance of 1.18. Its next support zone is at 1.17600 and the following resistance zone is at 1.19000. If EUR/USD breaks over the vital resistance of 1.18, […]
EUR/USD edges lower in the Asian session, ECB left the key interest rates unchanged
EUR/USD edges lower in the Asian session, ECB left the key interest rates unchanged Generally speaking, EUR/USD is moving upwards. The EUR/USD pair bested at 1.1841, holding close by in front of the Asian opening. In the everyday outline, the danger is slanted to the potential gain, as the pair holds over a bullish 20 SMA, […]
Xtreamforex Fundamental Market Update
Xtreamforex Fundamental Market Update EUR/USD The EUR/USD pair fell indeed this Wednesday, lining at 1.1801, a new week-by-week low. It right now exchanges the 1.1820 value zone, simply over the 38.2% retracement of its most recent everyday advance. The dollar kept up with its solidarity for the day, surrendering only humbly in front of them […]
EUR/USD is consolidated at the 61.8% golden ratio, The ECB is the main event for today
EUR/USD is consolidated at the 61.8% golden ratio, The ECB is the main event for today The close term picture for EUR/USD shows that bears are in charge. In the 4-hour chart, the pair is creating under a negative 20 SMA, while the more extended moving midpoints keep up with their somewhat bullish inclines beneath […]
Xtreamforex Asia FX news wrap: Fed’s Kaplan wants to taper ASAP
Xtreamforex Asia FX news wrap: Fed’s Kaplan wants to taper ASAP The feature of the session was a drawn-out conversation including Federal Reserve Dallas branch President Kaplan. Leaving to the side the current furor over his own exchanging briefly he gave a nitty-gritty framework of what he is searching for to start QE tightening. More […]
The Reserve Bank of New Zealand issued a report on bank liquidity
The Reserve Bank of New Zealand issued a report on bank liquidity It was an essentially sideways meeting for major FX rates. AUD, NZD, CAD all showed a modest quantity of solidarity against the USD. The News stream was exceptionally light. On the information front, we had Japanese GDP, the last read for Q2 came […]
EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday
EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday Generally, EUR/USD is moving upwards. As of late, EUR/USD rebounded off the resistance zone of 1.19000. Measuring the most recent bullish run between the year low at 1.1663 and the post-NFP high at 1.1908, the 23.6% retracement is situated at 1.1850, the quick help […]
EUR/USD prints six-day upswing to refresh monthly top towards 1.1900
EUR/USD prints six-day upswing to refresh monthly top towards 1.1900 The EUR/USD pair has kept progressing over the 61.8% of the 1.1908/1.1663 decrease at 1.1820. However long over the last mentioned, bulls will hold control. As the pair heads into the Asian opening exchanging close to its daily high, odds of a bullish continuation in […]
EUR/USD: Bull’s assault key obstacle around 1.1850, pullback moves remain less important
EUR/USD: Bull’s assault key obstacle around 1.1850, pullback moves remain less important Generally speaking, EUR/USD is going across. As of late, EUR/USD bounced up from the vital resistance of 1.18.EUR/USD stops week by week come together for a one-month high encompassing the intermediate 1.1800s as Asian merchants brush their screens for Thursday’s undertakings. The money […]