The Euro edged higher in the European market on Friday against a basket of global currencies, maintaining its gains for the second consecutive day against the U.S. dollar. This follows the European Central Banks monetary policy meeting, during which the bank warned of rising inflation risks stemming from the repercussions of the Iran war. ECB President Christine Lagarde stated that...

The EURUSD pair declined in its recent intraday trading, surpassing EMA50s support, which puts it under negative pressure on the relative strength indicators after reaching oversold levels, exaggeratedly compared to the price move, to indicate forming positive divergence that might help it to gain the required bullish momentum for its recovery, especially with the dominance of the main bullish trend...

The EURUSD pair extended its strong gains during its recent intraday trading, approaching the resistance level of 1.1790, which had been a price target in our morning analysis. This move is supported by the pairs continued trading above the EMA50, reinforcing the stability and dominance of the main short-term bullish trend. The price is also moving alongside a supportive trendline...

The Euro rose in the European market on Monday against a basket of global currencies, resuming gains that briefly paused on Friday against the U.S. dollar. The currency is approaching a multi-week high, benefiting from a slowdown in the greenback as investors assess developments in peace talks between the United States and Iran. ECB President Christine Lagarde stated last week...