EUR/USD risks a drop below 1.0470 – UOB By pabspiovano EURUSD Currencies Majors Banks
24-hour view: “EUR popped briefly to 1.0577 before easing to close slightly higher at 1.0520 . Despite the advance, momentumare ‘flattish’ and the risk of a sustained rise in EUR is low. Overall, EUR is likely to trade sideways for today, expected to be within a range of 1.0490/1.0570.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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 Technical Analysis: General Trend is Still BearishFor four trading sessions in a row, the price of the EUR/USD currency pair is settling around its recent losses extending towards the 1.0470 support level,
Read more »
EUR/USD Forecast: Bearish momentum aiming for fresh multi-year lowsThe EUR/USD pair ended Monday with modest losses just below the 1.0500 level, as market participants kept rallying into safety. Most global indexes c
Read more »
EUR/USD struggles to gather recovery momentumEUR/USD has been having a difficult time building on Friday's recovery gains with investors turning cautious at the beginning of the week. In the view
Read more »
EUR/USD Forex Signal: Double-Bottom Pattern Slowly FormsThe EUR/USD pair was little changed after the mixed economic data from the euro area and the upcoming interest rate decision by the Federal Reserve.
Read more »
EUR/USD Price Analysis: Choppiness in a 90-pips range signals volatility expansion aheadEUR/USD Price Analysis: Choppiness in a 90-pips range signals volatility expansion ahead By Sagar_Dua24 EURUSD Technical Analysis ChartPatterns Volatility SupportResistance
Read more »
EUR/USD Forecast: Unconvinced bulls give up even before startingThe EUR/USD pair found some temporal demand on Tuesday, surging early in the US session to a daily high of 1.577. The greenback recovered ahead of Wa
Read more »