EUR/USD Price Analysis: Bears are not done yet

United States News News

EUR/USD Price Analysis: Bears are not done yet
United States Latest News,United States Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

EUR/USD Price Analysis: Bears are not done yet By ross_burland EURUSD Technical Analysis

the bears are indeed on the prowl and taking on the bulls at what would be expected to be a daily support area.The price was stalling at the start of the daily supporting area and it was feasible to expect a correction. However...The bulls are giving way to the bears in Asia Friday as the US dollar firms to the highest level in its bullish cycle so far. The 100 mark is just a stone's throw away as measured by the DXY index and this is weighing on the euro.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EUR/USD Price Analysis: Bears are on the prowel but bulls are firming upEUR/USD Price Analysis: Bears are on the prowel but bulls are firming upEUR/USD is hardening on the support area following today's minutes from the Federal Open Market Committee meeting. The US dollar surged higher to fres
Read more »

GBP/USD Price Analysis: Bears take control below monthly supportGBP/USD Price Analysis: Bears take control below monthly supportGBP/USD is performing on the bid on Thursday afternoon US session, trying to resurface from the recent lows around 1.3050 following a strong move in t
Read more »

EUR/USD Forex Signal: Bears Have PrevailedEUR/USD Forex Signal: Bears Have PrevailedThe $EURUSD pair made a major bearish breakout in the overnight session as the Eurozone economic conditions worsened. Get today's signal here:
Read more »

EUR/USD Technical Analysis: Interest Rates Increase LossesEUR/USD Technical Analysis: Interest Rates Increase LossesThe US Federal Reserve confirmed that it is ready to raise US interest rates strongly during the year, and thus the strength of the US dollar increased.
Read more »

EUR/USD bounces off lows near 1.0870, looks to FOMCEUR/USD bounces off lows near 1.0870, looks to FOMCThe European currency regains some composure and manages to lift EUR/USD back to the positive territory beyond the 1.0900 barrier on Wednesday. EUR/US
Read more »

EUR/USD takes out 1.09 the figure, Fed minutes eyedEUR/USD takes out 1.09 the figure, Fed minutes eyedEUR/USD has been under pressure in Asia as markets are trading risk-off and the dollar continues higher on the bud, extending the overnight gains. The
Read more »



Render Time: 2025-02-23 08:29:26