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…
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…
Greece Creates Panic in Financial Markets EUR/USD has already plunged today more than 200 pips against the dollar,In the Unite States, stock market futures are also down over 2%. European Central Bank (ECB) announced today they have cut off funding to Greek Banks, forcing the banks to close until further notice. From the technical view we can see couple things :…
eurusd price move by technical view EUR/USD closed the last week above the 1.1440 as highest was 1.1466. The trend suggest that the rebound from 1.0461 can continue more high . Initial bias remains on the upside this week and further rise should be seen to 38.2% retracement of 1.3993 to 1.0461 at 1.1810. On the downside, break of 1.09…
