The EURUSD pair surged higher during its latest intraday trading, supported by the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels, which threatens these gains to rebound at any moment, especially with the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of sustainable recovery in the...

The EURUSD pair settles with gains in its last intraday trading, with the beginning of positive overlapping signals appearing on the relative strength indicators, providing bullish momentum that helps the price to settle against the negative pressures that are represented by its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis. ...

The euro rose in European trading on Friday against a basket of global currencies, extending its recovery for a second consecutive session from a 13-month low against the US dollar, supported by bargain buying and a softer US currency following mixed comments from Federal Reserve officials. Latest economic estimates suggest that lower oil prices are helping ease inflationary pressures on...

The euro fell in European trading on Monday against a basket of global currencies, resuming losses after a two-day recovery against the US dollar and moving closer once again to its lowest levels in 13 months, as renewed geopolitical tensions in the Middle East followed military exchanges between the United States and Iran. European Central Bank President Christine Lagarde is...