FxNews—The EUR/USD sharp downtrend eased near the 61.8% Fibonacci retracement level at $1.072. The bearish trajectory drove the RSI and the stochastic oscillator into the oversold area, which could mean...
EURUSD
FxNews—The European currency (euro) traded at about $1.085 against the U.S. Dollar in today’s trading session. The EUR/USD daily chart below represents the daily chart where the bullish momentum returned...
In our previous EUR/USD technical analysis, we stated for the bullish trend to continue, the European currency must close and stabilize the price above the robust barrier of $1.083. That...
FxNews—The European currency has been in an uptrend against the U.S. dollar since April 16, when it began rising from the 1.060 mark. The bulls added significant buying pressure in...
FxNews – The euro rose from 1.060 against the U.S. dollar and traded at about 1.068 when writing. Currently, the EURUSD pair hovers slightly below the 50 EMA and the...