EURUSD EURUSD: stuck in a range. USD weakness helping the pair along but concerns on energy prices and geopolitics capping gains. German 10-year Bund yield nudged marginally higher to 3.18%; still uncomfortably at decadal highs. Fiscal negotiations between member states highlighted a widening structural divergence regarding how to finance defensive energy-corridor naval deployments. Buy on dips; resistance at 1.1612; supports at 1.1544 & 1.1483
Euro / U.S. Dollar
Real-time market insights
Hi EURUSD traders, I hope all of you, male and female, are enjoying your weekend.
Today is Sunday, and the market is closed. When the market opens on Monday, EURUSD may see a recovery towards the 1.15580 resistance area. If price shows weakness around this zone, sellers may become active and a bearish move could develop.
I will be watching 1.15580 for a possible sell-side setup, with downside potential towards the 1.14000 area if bearish momentum strengthens. Wait for confirmation and manage risk carefully.
Educational view only, not financial advice.
EURUSD EURUSD: the pair remains a buy on dips. The German 10y bund yield has dropped nearly 12 bps from its highs on hopes of the Middle East cooling off. Political fragmentation deepens within the Eurozone core as fiscal deficits trigger renewed institutional friction regarding the strict implementation of the Stability and Growth Pact guidelines. Today we have the Eurozone HCOB services PMI and from a few major economies; 1.1544 has held well so far. A break will open up a target of 1.1612; support at 1.1483
EURUSD EURUSD: Fridays follow through made sure that the pair is now a buy on dips. The German 10y Bund yield once again testing 3.20%. Market implied pricing shows a widening consensus that the ECB will hold its deposit facility rate steady at 2.40% during its approaching monetary assessment. Today we have the HCOB eurozone manufacturing PMI; resistances now at 1.1544 and then at 1.1612; most of the euro strength came from the USD pullback fuelled by the violent Yen strength
EURUSD EURUSD: the pair jumped sharply as the Fed held. Profit booking, probability of ECB rate cuts which were quite funny to start out with coming down and markets pricing in one more hike by next march helped the pair along. Big day for data- CPI from a few major economies, eurozone GDP. German 10-Year Bund yields increased to 3.18%, with Italian yields hitting 3.98%, widening peripheral spreads. Once again bringing back decadal highs. The pair remains a sell on rise. Resistance at 1.1483 & the pivot at 1.1508; supports at 1.1447 & 1.1388
EURUSD EURUSD: two flat days. The pair has spent most of the past 2 weeks in the 1.1388-1.1447 range; as oil fell, the German 10y bund Yield which was testing decadal highs slipped down more than 10 bps; President Christine Lagarde signaled via an implicit banking panel that while inflation trends under 2% look constructive, peripheral fiscal gaps require a cautious approach before loosening policy rapidly. Central bankers!! The pair remains a sell on rise; resistances at 1.1403- 21 WMA & 1.1447; support below 1.1388 is at 1.1310
EURUSD EURUSD: Bottom Emerging
If EURUSD breaks lower around 1.3500, it may drop directly toward 1.2500. Critical support lies at 1.2500. Once price reaches this zone, it will be the optimal buying opportunity. We can start buying on dips with substantial profit potential. Wait patiently for the trading setup; I will send timely alerts.
EURUSD Hi Friends, Keep eye on this CRT scenario. it is in progress.
Please do follow me if you liked the idea💡... Disclaimer ⚠️:This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions.
EURUSD EURUSD: the pair fell further despite some good beats on both Manufacturing and Services PMIs; both made 3 month highs; Germany's 10-year Bund yield eased slightly to finish near 3.20%- a 12 year high. With the surprise beat on the PMIs - German data on Monday- IFO business climate expectations will be interesting; the pair remains a sell on rise; next support at 1.1310; recent lows a little above this will also support; resistances at 1.1388 & 1.1447
EURUSD EURUSD: a quiet day ahead of the ECB rate decision, monetary policy statement and the press conference; the ECB is likely to hold rates at 2.40%; the language and the presser will be of relevance. Especially since a large part of it will obviously point towards Geopolitics being the key driver; The German 10y Bund yield meanwhile surged to 3.20%- recent highs. That’s not looking good. The pair remains a sell on rise; resistance at 1.1447; support at 1.1388


