July 5 2022 🕓 3 min
EUR/USD collapses as German economy faces implosion
The Euro continues in its downtrend as everything points to further losses amid an incoming severe economic depression.
Tag: eur/usd
July 1 2022 🕓 3 min
EUR/USD drops after highest inflation reading ever
Today, the euro has been under pressure in a downtrend channel, as the market awaits the release of the ISM manufacturing PMI for June.
June 3 2022 🕓 3 min
EUR/USD slips after EU data; awaits US jobs market
This week's macroeconomic highlight is due soon, with volatility expected to be elevated shortly after the data.
May 30 2022 🕓 2 min
EUR/USD attacks significant resistance
Today, the euro advanced to the upper trend line of the descending channel, a key resistance area.
April 28 2022 🕓 3 min
EUR/USD drops to 1.05 amid sustained USD buying
The massive divergence between EU and US monetary policies continues to drive the EUR/USD pair lower each week.
March 30 2022 🕓 3 min
EUR/USD pushes toward 1.12 as sentiment improves
This week, the euro has been supported by a de-escalation of the USD, as news that Russia would scale back military operations in eastern Ukraine helped to underpin the USD.
March 11 2022 🕓 2 min
EUR/USD fails to move after ECB, US inflation
Markets were disappointed from no groundbreaking news in the diplomatic talks between Russia and Ukraine, while major macro news also weighed in on sentiment.
March 7 2022 🕓 2 min
EUR/USD falls to post-COVID lows
So far, no major positive news came out of Ukraine/Russia, leading to another sell-off in risky assets.
January 14 2022 🕓 3 min
EUR/USD at two-month highs after US inflation data
The USD declined broadly as traders took their profits from the recent rally. It looks like the medium-term uptrend might be soon over for the USD.
January 5 2022 🕓 3 min
EUR/USD slides below 1.13 amid rising US yields
It looks like the USD might outperform the euro during the first trading days of the new year.
December 2 2021 🕓 3 min
EUR/USD statistical and technical analysis
This week, the testimony of Jerome Powell caused higher volatility in major currency pairs, mainly due to the risk of Omicron and higher inflation. The current price of the EUR/USD exchange rate is 1.1330 (December 02, 2021). The currency pair is again in a critical support zone. Let us, therefore, look at statistical and technical analyzes.
December 2 2021 🕓 3 min
EUR/USD nears major resistance
It would appear that the recent downtrend in the euro is over, but it needs to climb above 1.1350 to confirm that view.