Euro keeps pressuring the weekly low could soon break lower EUR EURUSD $EUR $EURUSD
EU Consumer Confidence plummeted to -18.7 in March, according to preliminary estimates.EUR/USD keeps pressuring the weekly low could soon break lower.bounced from an intraday low of 1.0963 but spent most of the US session struggling to recover the 1.1000 mark. The American dollar gathered momentum mid-European session, accelerating its advance after Wall Street opened sharply down.
The pair is neutral-to-bearish, according to the 4-hour chart. The pair is now trading below its moving averages, which maintain bearish slopes, battling with a bearish 100 SMA. At the same time, technical indicators remain directionless, just below their midlines. A steeper decline could be expected on a break below 1.0960, the weekly low.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
EUR/USD Forecast: Little hopes for the shared currencyThe EUR/USD pair peaked at 1.1045 on Tuesday, retreating modestly to end the US session with modest gains at around 1.1030. The American dollar was s
Leer más »
EUR/USD retreats towards 1.1000 on bond rout ahead of Fed’s PowellEUR/USD remains pressured around 1.1025 on the US dollar’s resistance to extending the previous day’s losses during Wednesday morning in Europe. Also
Leer más »
EUR/USD Price Outlook: Risks Mount to the DownsideOn Monday Jerome Powell stated that the Fed will go for more aggressive rate hikes if needed, to curb inflation. Get your market update from RichardSnowFX here:
Leer más »
EUR/USD Forecast: Euro Finds Buyers After Initial PlungeThe euro fell a bit on Tuesday, only to find buyers and form a bit of a hammer.
Leer más »
EUR/USD Forex Signal: Euro Downward Pressure to ContinueThere is a likelihood that $EURUSD will continue falling as bears target the next key support level at 1.0900. Get our Forex signal:
Leer más »
EUR/USD to extend its slide towards the 1.0940 markEUR/USD has declined below 1.10 early Tuesday after having closed the first day of the week in negative territory. Next bearish target aligns at 1.094
Leer más »