Euro: Recovery against US Dollar targets key Fib level – Scotiabank
The Euro managed to break above the resistance level of the triangle formation to meet the first target at 1.8000. Resistance at 1.1800-35 caused a drop while supports at 1.1600 could create a trading zone.
Euro: Gains capped against US Dollar by weak data – ING
Intraday analysis covering EURUSD, XAGUSD grinding higher, and UK 100, focusing on short-term price action, key support and resistance levels, and intraday market momentum across major instruments. EURUSD seeking support The US dollar continued to lose ground against its main rival as prices surged to another peak.
US Dollar: Stablecoin shifts and Euro challenge – Rabobank
Range trading continues in EUR/USD and intraday bias remains neutral. Further rise is expected with 1.1642 support intact.
Looking at the 4-hour chart, the pair settled above the 1.1750 level, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). However, the bears are still active near the 1.1800 zone.
This weekly EUR/USD outlook article was written after the London close but before the close of play on Friday, and it was therefore subject to some potential volatility before the weekend. At the time of writing, the EUR/USD was trading near its session highs and was on track to post its second consecutive weekly gain after climbing back on Friday, despite the wobble on Thursday when the US and Iran exchanged strikes in the Strait of Hormuz.
EUR/USD: Recovery eyes full retracement – Scotiabank
The Euro managed to break above the resistance level of the triangle formation to meet the first target at 1.8000. Resistance at 1.1800-35 caused a drop while supports at 1.1600 could create a trading zone.
EUR/USD: Binary path around Gulf deal – ING
EUR/USD: Oil shock, real rates and conflict risks – Commerzbank