EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session unchanged after hovering around the same technical levels on the upside and downside, FED has maintained it policy unchanged as it was widely expected. Geopolitical and economic situation in the EU continues to be the same as Russia-EU relations continues to deteriorating and increasing …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session lower after a failed attempt to recover more lost ground. The downside move was resulted from the better than expected non-farm payrolls, and hawkish comments from FED’s officials boosting rate hikes expectations. The better than expected economic releases from the US and the deteriorated …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session unchanged after hovering around parity. The pair attempted to break lower on the surprising upbeat US inflation, although the downside was limited after the US retail sales disappointed traders and kept them on hold for the next economic indicators that will weigh on FED …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session lower on deepening European energy crisis. While the G7 gathered together to discuss a cap on Russian oil price, Russia has already permanently closed the supply of gas via its Nord stream pipe. Its more obvious now that any sanctions on Russia are weighing negative …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session lower on hawkish comments from FED’s Powell. During the beginning of the week the pair manage to recover some lost ground with an attempt to break higher as some of EU’s economic indicators came out better than expected. Although recovery was not to last too …
EUR/USD Fundamental and Technical Analysis EURUSD closed last week’s trading session lower on hawkish comments from FED’s Bullard. The Central bank’s member said on his speech last Thursday that he expects 0.75% rate hike in September meeting. A day earlier the FOMC minutes were taken dovish from traders as the central bank avoid to …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session marginally lower after a very strong non-farm payroll number in the US. The number was taken positive from traders but not enough to convinced them that the FED will continue its aggressive rate hike policy. The pair continues to trade in tide range, hovering …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session unchanged, after a week of tide range trading. The FED hiked rates by 0.75% as it was widely expected. Although the pair did not reacted at this rate hike. As we have previously mentioned this rate kike was already priced in. In Addition, the …
