EURUSD

Positive signs for the global economy such as Shanghai expected emergence from weeks of crippling COVID-19 lockdowns and U.S. President Joe Biden comments this week towards a possible easing of the trade war with China have lifted sentiment at the dollar expense. As...

24 May 22 (Tue)

06:48 am

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EURUSD

The euro rallied on Monday as investors sold the dollar on hopes that loosening lockdowns in China could help global growth. As long as the EURUSD pair trades above 1.0654, on a four-hourly basis, the main resistance level can be found in 1.0784. On the other hand ,...

23 May 22 (Mon)

09:26 am

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EURUSD

As long as the EURUSD pair trades above 1.0576, on a four-hourly basis, the main resistance level can be found in 1.0654. On the other hand , if the price drops below 1.0576, the support level can be seen at 1.0496 Support: 1.0576 - 1.0496Resistance: 1.0654 - 1....

23 May 22 (Mon)

03:37 am

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EURUSD

Concerns are now growing that the Fed and other central banks have fallen behind in curbing inflation and will need to be ever more aggressive in tightening policy. The ongoing war in Ukraine, precipitated by the Russian invasion on Feb. 24, is also darkening the outlook for c...

20 May 22 (Fri)

04:13 am

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EURUSD

The U.S. dollar rose on Wednesday, on pace to snap a three-session losing streak, as concerns about the outlook for global economic growth and rising inflation knocked sentiment a day after U.S. Federal Reserve Chair Jerome Powell struck a more hawkish tone. A...

19 May 22 (Thu)

05:48 am

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EURUSD

Federal Reserve Chairman Jerome Powell said Tuesday there was broad support among Fed members to raise the Fed benchmark rate by half a percentage point at the next two meetings to curb inflation. As long as the EURUSD pair trades below 1.0576, on a four-hourly basis...

18 May 22 (Wed)

12:05 am

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EURUSD

The greenback has edged from a two-decade high this week and was a touch softer across the board in early Asia trade, while U.S. bond yields have pulled back slightly as traders reckon aggressive near-term hikes will drag on longer-run U.S. growth. As long as the EUR...

17 May 22 (Tue)

03:56 am

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EURUSD

The euro was pulled from its earlier lows after European Central Bank policymaker Francois Villeroy de Galhau said the common currency weakness could threaten the ECB efforts to steer inflation towards its target. As long as the EURUSD pair trades below 1.0496, on a...

16 May 22 (Mon)

03:56 pm

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EURUSD

As long as the EURUSD pair trades below 1.0496, on a four-hourly basis, the selling pressure will continue. On the other hand, if the price goes beyond 1.0496, the resistance level can be seen at 1.0576. Support: 1.0351Resistance: 1.0496 - 1.0576 - 1.0654

16 May 22 (Mon)

04:51 am

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EURUSD

The U.S. central bank raised its benchmark overnight interest rate by 50 basis points last week, the largest hike in 22 years, and is expected to continue to aggressively tighten monetary policy in the months ahead. As long as the EURUSD pair trades below 1.0496...

13 May 22 (Fri)

08:15 am

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EURUSD

The US dollar was up on Thursday morning in Asia as U.S. inflation eased less than expected, keeping the U.S. Federal Reserve on course to tighten monetary policy aggressively. As long as the EURUSD pair trades below 1.0576, on a four-hourly basis, the selling p...

12 May 22 (Thu)

05:48 am

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EURUSD

The US annual headline rate of inflation fell to 8.3% from 8.5%, as last year surge in used car prices started to drop out of the year-on-year calculations. However, that was still above the 8.1% expected. As long as the EURUSD pair trades below 1.0576, on a four-hou...

11 May 22 (Wed)

02:48 pm

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EURUSD

The dollar hovered near a two-decade high against major peers on Wednesday, ahead of a key reading on inflation that should provide clues on how aggressive the Federal Reserve will be in tightening monetary policy. As long as the EURUSD pair trades below 1.0576,...

11 May 22 (Wed)

02:49 am

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EURUSD

The war in Ukraine and tighter lockdowns against COVID-19 in Beijing and Shanghai have created uncertainty over economic growth in Europe and Asia. As long as the EURUSD pair trades below 1.0576, on a four-hourly basis, the selling pressure will continue. On the othe...

10 May 22 (Tue)

02:44 am

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EURUSD

Money markets expect the United States to raise interest rates by another 200 bps during the remainder of the year, taking benchmark rates to nearly 3%, while a projected 92 bps of hikes by the ECB will just take its benchmark deposit rate into positive territory. As...

09 May 22 (Mon)

01:52 pm

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EURUSD

As long as the EURUSD pair trades below 1.0576, on a four-hourly basis, the selling pressure will continue. On the other hand, if the price goes beyond 1.0576, the resistance level can be seen at 1.0654. Support: 1.0496Resistance: 1.0576 - 1.0654 - 1.0784

09 May 22 (Mon)

04:07 am

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EURUSD

The U.S. dollar soared in early European trade Friday, climbing to its highest level in two decades ahead of the release of the closely watched monthly U.S. jobs report which could pave the wave for further monetary policy tightening As long as the EURUSD pair t...

06 May 22 (Fri)

11:41 am

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EURUSD

As long as the EURUSD pair trades below 1.0576, on a four-hourly basis, the selling pressure will continue. On the other hand, if the price goes beyond 1.0576, the resistance level can be seen at 1.0784. Support: 1.0496Resistance: 1.0576 - 1.0654 - 1.0784

06 May 22 (Fri)

04:16 am

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EURUSD

The euro pulled back from a one-week high against the U.S. dollar on Thursday after German industrial orders fell more than expected in March, signalling Europe was facing growing headwinds from the war in Ukraine. As long as the EURUSD pair trades below 1.0576,...

05 May 22 (Thu)

01:11 pm

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EURUSD

The Fed 50 basis point hike was the largest since 2000 as policymakers urgently tried to tamp down inflation. But Chair Jerome Powell told reporters afterward that Fed members are not actively considering 75-bp moves in the future. As long as the EURUSD pair trades b...

05 May 22 (Thu)

05:47 am

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EURUSD

The US dollar was up on Wednesday morning in Asia, but moves were small as investors await the latest U.S. Federal Reserve policy decision. As long as the EURUSD pair trades below 1.0576, on a four-hourly basis, the selling pressure will continue. On the other hand ,...

04 May 22 (Wed)

06:10 am

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EURUSD

The U.S. dollar fell against a basket of currencies on Tuesday, as investors evaluated how much of the Federal Reserve expected move to hike rates this week and beyond was already priced in. As long as the EURUSD pair trades below 1.0576, on a four-hourly basis, the...

03 May 22 (Tue)

03:37 pm

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EURUSD

The US dollar held just below a 20-year high against a basket of currencies on Monday before an expected Federal Reserve rate hike this week, with traders focused on the potential for the U.S. central bank to adopt an even more hawkish tone than many expect. As long...

03 May 22 (Tue)

03:17 am

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EURUSD

As long as the EURUSD pair trades below 1.0576, on a four-hourly basis, the selling pressure will continue. On the other hand , if the price goes beyond 1.0576, the resistance level can be seen at 1.0784.   Support: 1.0496Resistance: 1.0576 - 1.06...

02 May 22 (Mon)

04:04 am

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