Eur_usd
EURUSD This is the Forex quote for the Euro versus the Australian Dollar. In this quote, the value of one Euro ('base currency') is quoted in terms of the Australian Dollar ('counter currency'). EUR/AUD reached its lows in the midst of the European sovereign debt crisis in 2012, when it hit A$1.1619. Since mid-July 2012, the pair has recovered mainly due to the European Central Bank's policy of Outright Monetary Transactions (OMT), the 'whatever it takes' measure that ECB President Draghi threatened in August 2012.
The EUR/USD pair edges higher to 1.0672 on Thursday during the early Asian session. The recovery of that major pair is bolstered by renewed selling pressure in the US Dollar and a risk-friendly environment.
Long EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
The Euro's recent move higher against the US dollar has stalled today with further progress being kept in check by the 200-day simple moving average. While this technical indicator was broken yesterday, the pair closed below the longer-dated moving average. A confirmed break higher – a close and open above the 200-dsma – would see the 50-dsma and a cluster of recent highs on either side of 1.0900 come into focus. Support is seen at 1.0787 down to 1.0760
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SasanSeifi 💁♂️EUR/USD ⏩1.056 / 1.058 Hey there! As you can see, in the 4-hour timeframe, after a decline, the price has shown a positive response from the $1.044 range, and it's currently trading around the $1.053 range. Based on the candlestick patterns, my expectation is that the price may continue to move positively toward the resistance levels at $1.056 / $1.058 with some positive fluctuations. Afterward, upon completing the pullback process, we might observe a price correction.
In the case of positive fluctuations, to gain a better understanding of the continuation of the price trend, we should closely monitor how the price reacts to the resistance levels.
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Fundamental & Technical Outlook of the GOLD:Gold had a turbulent intraday rally, but the US market unexpectedly ramped up its losses and fell instantly below the support level at the 1960 mark below. A new low was fetched around 1939. Although there was a large extent of a rebound in the short term, the high resisted briefly with the 1955–1958 mark. Although the market sentiment is primarily responsible for today's market volatility, which is similar to Monday's decline, this sort of direct market penetration is also temporarily consistent with the bearish expectation of the general trend of gold. However, we also must be careful because market sentiment may change again.
EUR/USDEUR/USD
There is no important news this week, but there will be many speeches and comments, but this is not enough for a downward turn. Trading interest is steadily shifting upwards, but a technical correction is needed to remove large StopLoss below the level of 0.9750. New purchases will be relevant only after a confident breakdown of the parity zone.
EUR/USDEUR/USD
A technical correction at least up to the zone 0.98. It is risky to enter into such purchases, especially since the fundamental background contributes to a further fall, including due to the strengthening of the dollar. After the correction, a downside momentum and a drift in zone 0.95 are likely before the appearance of new negative factors.
EUR/USDEUR/USD
Euro continues to move towards the parity level a breakdown of 1.0000-0.9950 zone may cause a fall by another 1.5-2 figures. Bulls are not yet able to reverse the trend but they can organize a strong correction: any purchases are relevant only on a confident breakdown of the 1.0250-1.0300 zone with the support of a positive foundation.