Technical Analysis of EUR/USD Last trading week, the euro managed to hold the support zone and bounced back to resume growth and move to new local highs. Initially, the price dropped in the signal zone but found support in the 1.0780 area and...
**EUR/USD Market Analysis - August 5, 2024** Good morning traders, The EUR/USD currency pair continues to exhibit a strong uptrend, following a similar trajectory as observed last month. This bullish momentum remains evident as we begin this week,...
Welcome all members. I hope you are all doing well. If you want to encourage people to open a trade in EUR/JPY, it's essential to provide a clear strategy and share it live to reach others effectively. EUR/JPY is currently trading at 156.50 and...
In my morning forecast, I focused on the level of 1.2708 and planned to make market entry decisions from there. Let's look at the 5-minute chart and understand what happened. The decline and formation of a false breakout at 1.2708 allowed entry into...
EUR/USD jumps to near 1.1000 as the US Dollar plunges on fears of US economic slowdown. Upbeat US ISM Services PMI offer support to the US Dollar. Stubborn Eurozone inflation has diminished market expectation for ECB subsequent rate cuts. The...