Browsing Tag

Euro

EUR/USD Could Decline While USD/JPY Is Climbing

EUR/USD is struggling to gain momentum above the 1.1220 and 1.1240 resistance levels. USD/JPY climbed higher recently and it remains supported on dips above 106.00. Important Takeaways for EUR/USD and USD/JPY The Euro tested the key 1.1250 resistance area recently and it is currently trading in ...

GBP/USD and EUR/GBP: British Pound Extending Losses

GBP/USD remained in a significant downtrend and declined below the 1.2100 support. EUR/GBP is trading with a bullish bias with a strong support near 0.9250. Important Takeaways for GBP/USD and EUR/GBP The British Pound declined heavily below the 1.2200 and 1.2100 support levels. There is a ...

EUR/USD Climbing Higher While USD/CHF Is Facing Hurdles

EUR/USD started a solid recovery from the 1.1040 area and climbed above 1.1150. Conversely, USD/CHF declined heavily and settled below the key 0.9800 support area. Important Takeaways for EUR/USD and USD/CHF The Euro recovered nicely above the 1.1100 and 1.1150 resistance levels against the US ...

EUR/USD Correcting Losses, USD/JPY Remains In Uptrend

EUR/USD declined heavily and recently started an upside correction from the 1.1110 support area. USD/JPY is trading in a solid uptrend and it could continue to rise above 108.80 and 109.00. Important Takeaways for EUR/USD and USD/JPY The Euro declined heavily after it broke the 1.1265 and ...

GBP/USD and EUR/GBP: British Pound Turned Bearish

GBP/USD declined heavily below the key 1.2480 and 1.2425 support levels. EUR/GBP is currently climbing higher and it could even climb above the 0.9000 resistance area. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a major decline after it failed to stay above the 1.2460 ...

EUR/JPY and GBP/JPY Signaling More Upsides

The Euro and British Pound traded higher this week against the Japanese Yen. Both EUR/JPY and GBP/JPY are correcting lower, but dips remain well supported. Important Takeaways for EUR/JPY and GBP/JPY The Euro spiked higher recently after it tagging the 120.00 support area against the Japanese ...

EUR/USD Tumbles While USD/CHF Is Rising Steadily

EUR/USD declined below the key 1.1205 support area to move into a significant downtrend. Conversely, USD/CHF is climbing higher steadily and recently broke the 0.9850 resistance area. Important Takeaways for EUR/USD and USD/CHF The Euro declined heavily and broke many supports near the 1.1200 ...

EUR/USD and USD/JPY Facing Major Hurdles

EUR/USD started a major drop from the 1.1285 resistance zone. USD/JPY is currently trading above 108.00 and it is facing a lot of hurdles near the 108.30 and 108.50 levels. Important Takeaways for EUR/USD and USD/JPY The Euro failed two times near the 1.1285 level, resulting in a fresh bearish ...

GBP/USD and EUR/GBP: British Pound Remains Supported

GBP/USD gained traction and climbed above the 1.2500 and 1.2550 resistance levels. EUR/GBP declined below 0.8980 and it seems like it could continue to correct lower. Important Takeaways for GBP/USD and EUR/GBP The British Pound is trading with a positive bias above the 1.2520 support area. ...

EUR/USD Bleeding While USD/CHF Is Climbing To Parity

EUR/USD started a major decline and broke the key 1.1280 and 1.1220 support levels. Conversely, USD/CHF climbed higher and it seems like it could soon test 1.0000. Important Takeaways for EUR/USD and USD/CHF The Euro failed to clear the 1.1310 resistance and declined heavily against the US ...