Market Analysis

January 4, 2021

Daily Market Analysis

EURUSD The Euro/US dollar reached a new multi-month high of 1.2310 before being corrected. The Bears were able to move the pair below the 50% Fab […]
December 31, 2020

Daily Market Analysis

EURUSD The EURO currency pair managed to break and resist the key resistance at 1.2270. This is likely to be a short term move lower and […]
December 30, 2020

Daily Market Analysis

EURUSD EURO’s break 1.2272 resistance level suggests up trend resumption. Daily bias is back on the upside. Rise from 1.0635 should now target 61.8% projection of […]
December 29, 2020

Daily Market Analysis

EURUSD The EUR/USD support zone at 1.2206 could not hold the negative impulse. The price dropped and headed for a test of the major target at […]
December 28, 2020

Daily Market Analysis

EUR/USD EURO broke the 1.2220 support, but stand above 1.2150 support. The EUR/USD failed to clear the 50% Fib retracement level of the downward move from […]
December 24, 2020

Daily Market Analysis

The EURUSD pair declines from highs, clinging onto the 1.2200 level ahead of the European open. The bulls ride the Brexit optimism wave, with a potential breakthrough […]
December 23, 2020

Daily Market Analysis

EURUSD Euro has support at 1.2160 which has been tested exactly as mentioned yesterday. While the support holds, a bounce back in Euro is expected in […]
December 22, 2020

Daily Market Analysis

EURUSD The EURUSD Key support is forming around the 1.2160 level and the local one for the day is found at 1.2200. The first resistance zone […]
December 4, 2020

Daily Market Analysis

EURUSD From a technical point of view, on a daily chart, EUR/USD still stands above its rising 50-day moving average . Readers may therefore consider the potential for […]
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