EUR/USD is looking to establish a foothold above 1.18 in Asia.  The 4-hour chart shows the pullback from recent highs above 1.19 has ended. EUR/USD is currently chipping away at the psychological hurdle of 1.18, having put in a low of 1.1711 on Wednesday.  The 4-hour chart shows a falling wedge bre

EUR/USD price action has fluctuated within a broad 200-pip trading range after the major currency pair topped out at the 1.19-handle. The Euro still trades considerably higher relative to its US Dollar counterpart, currently up about 10% since EUR/USD based around the 1.08-price level thre

The euro turned higher against its major counterparts in the European session on Tuesday, as hopes of a stimulus deal in Washington and news of a coronavirus vaccine lifted European shares. U.S. congressional leaders and officials in President Donald Trump's administration said on Monday they were r

At 5.00 am ET Tuesday, Germany's ZEW economic sentiment survey results have been released. After the data, the euro changed little against its major counterparts. The euro was trading at 1.1775 against the greenback, 124.93 against the yen, 1.0765 against the franc and 0.8995 against the pound aroun

Daily Pivots: (S1) 105.71; (P) 105.96; (R1) 106.20; USD/JPY strengthens mildly but stays below 106.47 temporary top. Intraday bias remains neutral and the bullish case is still in favor. That is, corrective fall from 111.71 has completed with three waves down to 104.18, after missing 100% projection

The EUR/USD pair is down this Monday, nearing the 23.6% retracement of its July/August rally at 1.1742. Bears would eye a test of 1.1690 on a break below the mentioned support level, FXStreet’s Chief Analyst Valeria Bednarik reports. Key quotes “The EU published the August Sentix Investor Confidence