📌EUR/USD continued to slide to Friday's lows, falling to 1.0670 before recovering to 1.0700 during the US market session. Political pressure is weighing on the Euro after a major change in European voter sentiment.

📌On the US side, increasingly negative data is raising concerns about a possible recession, fueled by the results of the University of Michigan (UoM) consumer sentiment survey. worse than expected.

📌The currency pair is trading far away from the EMA 34 and EMA 89, showing that there has been instability in the pair over the past week. The downtrend is clearly established as the key support zone of 1,073 was broken and created a bearish Dow pattern. The pair's narrow trading range was formed at 1,070 and 1,076. When the market fluctuates strongly due to news of important resistance and support areas next week, investors can pay attention to the port areas of 1,061 and 1,080.

Trading signals
BUY EURUSD zone 1.06200-1.06000 SL 1.065800
SELL EURUSD zone 1.08000-1.08200 SL 1.08400

Support: 1.062 - 1.070
Resistance: 1.076 - 1.080
הערה
EUR/USD is trading close to 1.0700, struggling to build on the previous bounce early Monday. European political uncertainty continues to undermine the Euro and cap the pair's upside. The cautious mood acts as a tailwind for the USD and favors EUR/USD bearish traders.
הערה
EURUSD is approaching the resistance zone as analyzed
הערה
EUR/USD softly higher, but technical pressures persist heading into lopsided Wednesday
EUR/USD is drifting slowly higher in tepid market conditions heading into a quiet Wednesday that sees low-impact EU data and darkened US markets for a midweek holiday shutdown.
עסקה סגורה: היעד הושג
EUR/USD escapes Wednesday’s holiday volatility trap, set for wait to meaningful data
EUR/USD cycled on Wednesday with US markets out for a midweek holiday, and the Fiber heads into the back half of the trading week with mid-tier data on the offering, leaving investors to look ahead to Friday’s PMI activity figures for meaningful data releases to drive sentiment in either direction.
עסקה פעילה
SELL EURUSD strategy won by 50 pips
עסקה פעילה
עסקה סגורה: היעד הושג
EUR/USD slumps to 1.07 as markets round the corner into Friday
EUR/USD fell back to familiar technical levels on Thursday, clunking down to the 1.0700 handle after a miss in US economic figures bolstered the Greenback. Friday markets loom ahead with a packed data docket, with Purchasing Managers Index figures for both the EU and the US on the cards
ForexforexsignalsFundamental AnalysisgoldideagoldpredictionTechnical IndicatorstradingtradingsignalsTrend AnalysisXAUUSDxauusdanalysis

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