The Fibonacci 50% retracement level of the latest uptrend aligns as the first support level at 1.1170. In case EUR/USD falls below this level and starts using it as resistance, technical sellers could ...

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Euro Short-term Outlook: EUR/USD Recovery Stalls at Trend Resistance

The Euro bears are struggling to mark a fourth-consecutive weekly decline with a rebound off key technical support failing at trend resistance. The rebound highlights the potential for a weekly ...

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EUR/USD whipsaws on Thursday to end right where it started

EUR/USD whipsawed on Thursday, briefly dipping back below the 50-day Exponential Moving Average (EMA) and tapping the 1.1000 level for the second time in a week. A late recovery pushed Fiber bids back ...

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EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Continues to Fight

The US dollar continues to see a lot of choppy behavior, as we are trying to figure out where we are going next with this, the market is obviously still digesting all of the tariff headlines and moves ...

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EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Mixed in Early Trading

The US dollar has been mixed in early trading on Wednesday, as the markets are still trying to figure out what to do next with the idea of the tariff wars cooling off. At this point, the markets are ...

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