EUR/USD Price Analysis: Bulls moving in on key resistance EURUSD Technical Analysis
, where it stated, ´´so long as the support structure holds between 1.0700 and 1.0750/60, there will be prospects of a bullish continuation for the foreseeable future,´´ the bulls have stuck to the course and took on 1.0900.The price has rallied towards prior highs, but the correction took place into support.
The bulls now need to stay above 1.0770 and then get over 1.0820 or face pressures with 1.0700 eyed. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD Price Analysis: Retreats towards 1.0730 support confluenceEUR/USD takes a U-turn from the intraday high while declining to 1.0770 during the mid-Asian session on Monday. In doing so, the major currency pair c
Read more »
EUR/USD Price Analysis: Looks quiet below 1.0800 as US recession fears mountThe EUR/USD pair is displaying topsy-turvy moves in a narrow range below 1.0800 in the early European session. The major currency pair is struggling t
Read more »
EUR/USD Price Analysis: Minor support emerges at 1.0712EUR/USD looks cautious around 1.0760/70 amidst alternating risk appetite trends at the beginning of the week. In case bears regain the upper hand, the
Read more »
Pairs in Focus This Week \u2013 EUR/USD, Gold, GBP/USD, USD/JPYGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of March 26th, 2022 here.
Read more »
EUR/USD: Weekly Forecast 26th March - 1st AprilThe EURUSD hit a high of nearly 1.09300 on Thursday of last week as the currency pair mounted an upwards attack- trading forextrading
Read more »
EUR/USD eases below 1.0800 despite hawkish ECB talks, EU/US inflation cues eyedEUR/USD retreats towards 1.0750 as it consolidates the previous weekly gains amid cautious mood in the market ahead of the key inflation data from Eur
Read more »