eurusd pattern

EUR/USD analysis

Bullish Momentum Builds as EUR/USD Breaks Key Resistance Level

EUR/USD Technical analysis The technical outlook for EUR/USD depends on the timeframe being considered. In the short term, the pair may experience some volatility as traders respond to changes in market sentiment and economic data releases – we may see a very fast move towards 1.1180 1.1230 resistance and even to 1.1340 -1.1370 when the pair break above 1.1090 on…

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Does the U-turn in the dollar against the other currencies begin?

Forex Technical Analysis The U.S. Dollar recover big time against a basket of major currencies as pessimistic increased demand for risk assets and by chance to increase rates in 2022-2023The US dollar index measures the performance of the dollar against a basket of global currenciesUS dollar index (DXY) recover from 30-month low trading at $89.40, and trade now at 92.30$Since…

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Does the Euro-Dollar pair produce the same move and pattern that were in the past

EUR USD TECHNICAL ANALYSIS FORECAST EURUSD is currently stranded between two strong barriers 1.2070-1.2560, the US Dollar might still be weakened by US-China trade tensions that could actually put additional upward pressure on the Euro, but don’t forget that we have this week non-farm payroll data us, this event could cause large movements on  forexYou can clearly see the long…

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Whether the dollar will continue the correction move upwards after the recent slump, or that it will lead to lower levels

FOREX TECHNICAL ANALYSIS  EUR/USD  EUR/USD as others currencies failed to stay upper levels during last weeks, we saw 1.2340  key support was taken down – this is not a good sign for more upper moves, also  two times eurusd  being rejected by 1.2560+_ price level.for short – medium term the eur/usd now  is on the downside move , Sustained trading…

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Has the Euro dollar finished its downtrend and is on its way to new highs or is it just a correction to bring it back down

EUR/USD price technical analysis update Markets received further positive signs about the euro-zone economies. Spain and Germany saw a drop in the number of the jobless, PMIs continued looking good and even inflation was ok, but EUR/USD confirms a ceiling near 1.2080-90 region- Additional details from the latest US jobs report revealed that unemployment rate held steady at a 17-year…

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Which interesting Pattern EUR/USD Perform

EUR/USD Price Technical Analysis Forecast EUR/USD approaches 1.085 area, Breakdown 1.050 will target 1.0460 key support zone, and break of 1.0461 will confirm the bearish case will continue  EUR/USD Technical Analysis EUR/USD also produces a bowl patternWhen the resistance level is located in the 1.082 area, a break of this level will send it to deal with my 1.10 +…

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EUR/USD New Low Or Just A….

EUR/USD Price Technical Analysis Forecast Update  EUR/USD failed to stay above 1.085, closed last week at 1.0564. Break down 1.050 will target 1.0460 key support zone, break of 1.0461 will confirm the bearish case will continueECB stepped up to the plate on Thursday, at the same time prepared the markets for a tapering of bond purchases by embedding the decline…

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