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Tag: EUR/USD


Finance Tech, Liquidity

EUR/USD, USD/JPY, GBP/USD – Technical Analysis and Price Outlook

May 10, 2024

Via: DailyFX

EUR/USD pushed higher on Thursday after bouncing off technical support at 1.0725, with prices challenging a key ceiling near 1.0790, where the 50-day and 200-day simple moving averages intersect. If this barrier fails to contain buyers, the next stop is […]


Finance Tech, Liquidity

Gold Price, USD/JPY, EUR/USD – Technical Analysis and Trade Setups

May 9, 2024

Via: DailyFX

Gold (XAU/USD) fell on Wednesday, marking the second consecutive session of losses and nearly erasing Monday’s entire rally. Despite short-term ups and downs, the precious metal has been locked in a sideways movement for the past two weeks. This period […]


Finance Tech, Liquidity

US Dollar Forecast: Bears Mobilizing for Their Next Offensive? – EUR/USD, GBP/USD

May 6, 2024

Via: DailyFX

The U.S. dollar, as measured by the DXY index, was a tad softer on Monday in a context of mixed U.S. Treasury yields and thinner liquidity in the FX space, with UK markets closed for a bank holiday. Despite this, […]


Finance Tech, Liquidity

EURUSD Steadies As Market Looks Ahead To Key US Inflation Numbers

April 22, 2024

Via: DailyFX

The Euro was just a little weaker against the United States Dollar on Monday, with the pace of its fall slowing. That may not be the case for long, however. Monetary policy differentials remain strongly in the greenback’s favor, leaving […]


Finance Tech, Liquidity

US Dollar Still on Bullish Path; Setups on EUR/USD, GBP/USD, USD/JPY, USD/CAD

April 18, 2024

Via: DailyFX

The US dollar, as measured by the DXY index, retreated from multi-month highs on Wednesday, dragged lower by a pullback in Treasury yields. Despite this retracement, the DXY remains biased to the upside, especially after top Fed officials signaled that […]


Finance Tech, Trading

EUR/USD: Top 10 Trading Strategies for Different Market Conditions

April 9, 2024

Via: DailyFX

EUR/USD, the most heavily traded currency pair in the forex market, provides a wealth of attractive opportunities for retail traders. Its unparalleled popularity and deep liquidity create a dynamic environment where numerous strategic approaches can thrive. In this article, we’ll […]


Finance Tech, Liquidity

Euro Higher Despite Market Worries of More Gradualist Fed

March 18, 2024

Via: DailyFX

The Euro edged higher against the United States Dollar as a new trading week began in Europe on Monday, with moves likely to remain extremely limited at least until Wednesday’s monetary policy decision from the Federal Reserve. This is always […]


News

US Dollar Forecast – EUR/USD, USD/CAD and AUD/USD. Where to Next?

January 19, 2024

Via: DailyFX

EUR/USD lacked directional conviction on Friday, holding above its 200-day simple moving average at 1.0840. To boost sentiment towards the euro, this floor must remain intact, as a breach may lead to a decline towards 1.0770. If weakness persists, all […]


Finance Tech, Liquidity

Euro Forecast: EUR/USD Sinks to Support, Hangs on For Dear Life, EUR/GBP Stuck

October 2, 2023

Via: DailyFX

EUR/USD fell sharply on Monday, weighed by broad-based U.S. dollar strength amid soaring U.S. Treasury yields, with the 10-year note pushing above 4.65% and hovering near its highest level since 2007. In this context, the pair sank about 0.5% in […]


Finance Tech, Liquidity

Euro Price Forecast: German CPI Boosts EUR/USD Ahead of NFP and the ECB’s Christine Lagarde

March 10, 2023

Via: DailyFX

The euro gathered some support this Friday morning with a marginally weaker USD and better than expected German CPI data (see economic calendar below). Although actual numbers printed in line with forecasts, the 8.7% figure highlights the elevated and stubborn […]


Finance Tech, Liquidity

US Dollar Price Setup After Powell: EUR/USD, GBP/USD, USD/JPY

March 8, 2023

Via: DailyFX

The US dollar looks set to gain further against some of its peers on relative outperformance of the US economy and monetary policy edge. In his semi-annual testimony to lawmakers, US Federal Reserve Chair Jerome Powell stepped up hawkishness, saying […]


Finance Tech, Liquidity

Euro Bounces on Hawkish ECB Ahead of Powell’s Testimony. Higher EUR/USD?

March 7, 2023

Via: DailyFX

EUR/USD jumped higher to start this week ahead of Federal Reserve Chair Jerome Powell’s testimony to Senate Banking Committee in Washington on Tuesday and Wednesday. Additional event risk may also lie in the Euro wide GDP figures that will be […]


Finance Tech, Liquidity

EUR/USD Price Action Setup After US CPI

February 15, 2023

Via: DailyFX

After a choppy session, EUR/USD ended largely flat after US CPI data provided little cues on the future path of Fed policy, reasserting the broader consolidation backdrop in EUR/USD. While consumer prices rose 6.4% on-year in January, the smallest rise […]


Finance Tech, Liquidity

US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/JPY, GBP/USD

February 14, 2023

Via: DailyFX

The Euro may remain vulnerable to the US Dollar from a technical standpoint. That is because last week, EUR/USD continued to make downside progress after clearing under a Bearish Rising Wedge chart formation. Immediate support is the 23.6% Fibonacci retracement […]


Finance Tech, Liquidity

US Dollar Price Action Setups: AUD/USD, USD/JPY, EUR/USD, GBP/USD

February 8, 2023

Via: DailyFX

The Australian Dollar is attempting to make a comeback against the US Dollar. AUD/USD broke under a bearish Rising Wedge chart formation on Monday. 24 hours later, the pair turned higher and left behind a Bullish Engulfing candlestick pattern. This […]


Finance Tech, Liquidity

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY

January 19, 2023

Via: DailyFX

US Dollar bears have continued to punch and yesterday brought another fresh seven-month low into the mix after the release of PPI data earlier in the session. US data continues to slowdown, and this brings questions around the Fed’s rate […]


Finance Tech, Liquidity

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

January 10, 2023

Via: DailyFX

The US Dollar is testing a major spot of support… again. Coming into the year the USD had held the lows right around the same price that had come into play a couple of weeks prior, just after a CPI […]


Finance Tech, Liquidity

EUR/USD Forecast: False Breakdown Looks to Potential Catalysts, NFP, Inflation Data

January 5, 2023

Via: DailyFX

The fundamental landscape surrounding the euro zone economy has shifted slightly when compared to the first three quarters of 2022 and that is largely due to the significant reduction in oil and gas prices, which has provided great relief to […]


Finance Tech, Liquidity

Euro Breaking News: EUR/USD Bid as PMI Data Continues to Improve

January 4, 2023

Via: DailyFX

The seasonally adjusted S&P Global Eurozone PMI Composite Output Index remains sub-50 and in contraction territory for a sixth consecutive month with a print of 49.3, which was up from 47.8 in November. The data signalled the slowest decline since […]


Finance Tech, Liquidity

EUR/USD Outlook: Surrenders Gains as 1.0700 Resistance Holds Firm

December 30, 2022

Via: DailyFX

EUR/USD enjoyed its best day of gains in 2 weeks with an 80-odd pip upside rally yesterday before finding resistance at the top of its recent trading range around the 1.0700 handle. The dollar index enjoyed a modest bounce as […]