euro/The significant repricing of the European Central Bank's interest rate forecast in the US dollar analysis has continued to put the euro at a price. Later today, Eurozone retail sales and US employment data became the focus of attention. Euro/The US dollar is prone to further decline. Background of Euro Fundamentals: After several consecutive days of closing decline, the euro opened this morning with ...
Germany10Manufacturing orders in the month have significantly declined, with the Euro following the release of data/USD from1.0790 Down to 1.0778Recently, Euro/It is highly likely that the US dollar will 1.0800 Nearby. After the data is released, traders are more likely to continue reducing their long positions in the euro. Germany10The monthly manufacturing order data is just a glimpse of the past, so ...
Wednesday morning trading in Europe, Euro/USD in 1.0800 Nearby horizontal consolidation. Despite the cautious risk tone limiting optimism ahead of the busy EU and US economic conferences, the currency pair still benefited from the fall of the US dollar. United StatesADPIt is a critical event risk. Technical Overview Euro/USD in100Daily moving average1. ...
Early trading on Wednesday in Asia, Euro/The US dollar exchange rate still faces challenges 1.0800 The selling pressure below the psychological barrier. Due to continued weak demand in the Eurozone, an optimistic Eurozone11monthPMIThe data failed to boost the euro. Technical aspect: Euro/USD in100Daily moving average1.0775Find support at. The above line is being challenged, daily collection ...
euro/USD forecast - Isabel Schnabel of the European Central Bank on Prices, Charts, and Analysis(Isabel Schnabel)The development of inflation is encouraging. With the increasing expectation of interest rate cuts, the single currency still faces pressure. Isabel Schnabel, member of the Executive Committee of the European Central Bank(Isabel Schna ...
euro/The US dollar continued to rise last week until1.1000Psychological points begin to play a role. since1.1000Since the turning point, prices have been falling and are now moving towards recent increases38.2%Retreat position1.0800Move. There is another support area below here, located1.0750Near the psychological point, if the bulls can defend ...
USD forecast – euro/USD, GBP/USD, AUD/The US dollar continued its decline, falling to8At the lowest point since the beginning of the month, at the same time, the euro/USD, GBP/USD and AUD/The US dollar breaks through the top, clearing the key price level in the process. This paper focuses on the technical prospects of top foreign exchange currency pairs, which are affected by the US treasury bond bonds ...
euro/USD Analysis Euro/The US dollar is facing resistance at a significant Fibonacci level - EU and US inflation data will guide short-term price trends later this week. European deflation may lead the way for developed economies. This analysis utilizes chart patterns as well as key support and resistance levels. To learn more information ...
euro/The analysis of mixed investments in the Eurozone by the US dollar does not provide firm guidance for the path forward. GermanyIfoThe business climate report and European Central Bank officials have become the focus. Euro/The US dollar is consolidating due to expectations of fundamental catalysts. Background of Euro Fundamentals During Thanksgiving, the Euro appreciated against the US dollar, despite the EurozonePMInumber ...