The currency pair managed to stabilize on Friday, trading at 0.5830 during the late US session after a period of decline. Despite this brief pause, technical analysis on the daily chart continues to indicate a bearish bias. The pair remains trapped...
The pair faced a challenging close to the trading week on Friday, with its near-term rebound losing steam. After briefly testing higher levels, the Euro was unable to sustain any bullish momentum and ended the week with bids trapped near the 1.0630...
The currency pair continues to trade above the 1.4160 mark, but various factors are influencing the Dollar, which suggests a defensive tone for the currency in the near term. Despite this, key events and technical indicators offer important insights...
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EUR/USD Technical and Fundamental Analysis H4 chart: The market tried to break above the 1.0606 peak but failed, showing strong resistance in this area. The price is currently moving towards the 1.0550 support level. A break below this level could...