Daily Pivots: (S1) 1.1718; (P) 1.1756; (R1) 1.1809; More….. EUR/USD rises further today and intraday bias stays on the upside for 1.1830 minor resistance first. Break will pave the way for 19 hours ago · EUR/USD is extending its gains and trades above 1.1850. Optimism about coronavirus vaccines is outweighing the increase in cases on both sides of the Atlantic. Nov 10, 2020 Nov 02, 2020 Oct 19, 2020 Oct 05, 2020
Nov 10, 2020 · FX Strategists at UOB Group suggested the possibility of extra gains in EUR/USD could be losing momentum in the short-term.. Key Quotes. 24-hour view: “We highlighted yesterday that ‘the overbought advance in EUR has scope to push above 1.1915’ but ‘the next resistance at 1.1960 is likely out of reach’. Forex Crunch: Eur/Usd Outlook Nov 12, 2020 · EUR: Broad based gains for the Euro, with EUR/USD supported by cross-related flows in EUR/GBP. Topside resistance in the EUR/USD sits at 1.1820-25, where a break above opens the door to 1.1870-75. 20 hours ago · EUR/USD dips mildly in early US session but stays well inside range below 1.1920. Intraday bias remains neutral for the moment. On the upside, break of 1.1920 will reaffirm the case that
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EUR/USD is advancing above 1.18 as the market mood improves, despite concerns about coronavirus. Eurozone GDP growth was marginally downgraded to 12.6% in the third quarter. EUR/USD dips mildly in early US session but stays well inside range below 1.1920. Intraday bias remains neutral for the moment. On the upside, break of 1.1920 will reaffirm the case that EUR/USD outlook: Bulls eye November’s high as risk sentiment on vaccine persists; Boeing, GE stocks get a boost from upbeat news on potential COVID-19 vaccine Forex (or FX or off-exchange The post Forex Weekly Outlook Oct. 12-16 – US dollar loses more ground appeared first on Forex Crunch. Forex Weekly Outlook Oct. 12-16 – US dollar loses more ground EUR/USD continues to rally, as the pair recorded gains of 1.0% last week.
Interesting facts. EUR/USD is one of the most traded currency pairs in the world. It represents the value of the US dollar per one euro. The euro is a relativity new currency when compared with the other majors, it was established by the provisions in the 1992 Maastricht Treaty and is managed by the European Central Bank (ECB) and the Eurosystem (comprised of the central banks of the eurozone).