business inventories

EUR/USD Falls as US Dollar Strengthens

EUR/USD Falls as US Dollar Strengthens March 30, 2021 by Vladimir Vyun EUR/USD fell today amid the broad-based dollar strength. Market analysts explained the good performance of the US currency by rising US Treasury yields. As for macroeconomic reports released in the United States during […]

EUR/USD Rises, Struggles to Keep Gains

EUR/USD Rises, Struggles to Keep Gains March 31, 2021 by Vladimir Vyun EUR/USD rose today but struggled to keep gains. US macroeconomic data released over the trading session seems to have a limited impact on the moves of the currency pair. ADP employment rose by […]

EUR/USD Rises Following Jobless Claims Report

EUR/USD Rises Following Jobless Claims Report April 1, 2021 by Vladimir Vyun EUR/USD rose today. Some market analysts explained the rally by the bigger-than-expected number of jobless claims in the United States dragging the dollar down. But the currency pair has been rising even before […]

EUR/USD Volatile After NFP, Traders Flat Afterward

EUR/USD Volatile After NFP, Traders Flat Afterward April 2, 2021 by Vladimir Vyun EUR/USD has been trading in a range on Friday. The currency pair demonstrated huge swings between gains and losses immediately after the release of US nonfarm payrolls but ultimately did not move […]

Weekly Forex Technical Analysis (Mar 29 — Apr 2, 2021)

Weekly Forex Technical Analysis (Mar 29 — Apr 2, 2021) March 27, 2021 by Andriy Moraru EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1536 1.1649 1.1721 1.1834 1.1906 1.2019 1.2091 Woodie’s pivot points 2nd Sup […]

EUR/USD Flat Despite Positive US Macro Reports

EUR/USD Flat Despite Positive US Macro Reports March 25, 2021 by Vladimir Vyun EUR/USD has been trading flat during Thursday’s trading. While the currency pair dipped following the release of better-than-expected reports on GDP and unemployment claims, it bounced afterward, trading near the opening level […]

EUR/USD Continues to Decline amid Coronavirus Fears

EUR/USD Continues to Decline amid Coronavirus Fears March 24, 2021 by Vladimir Vyun EUR/USD extended yesterday’s decline today even though positive PMI reports in the eurozone helped the market sentiment a bit. But investors remained cautious due to the COVID-19 spreading across Europe and subsequent […]

EUR/USD Declines as Risk Aversion Grips Market

EUR/USD Declines as Risk Aversion Grips Market March 23, 2021 by Vladimir Vyun EUR/USD declined today, erasing yesterday’s gains. Market analysts explained the decline by risk aversion caused by the spread of the COVID-19 across Europe as well as rising political tensions between China and […]

Weekly Forex Technical Analysis (Mar 22 — Mar 26, 2021)

Weekly Forex Technical Analysis (Mar 22 — Mar 26, 2021) March 20, 2021 by Andriy Moraru EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1741 1.1807 1.1856 1.1922 1.1971 1.2038 1.2086 Woodie’s pivot points 2nd Sup […]

EUR/USD Retreats After Post-FOMC Rally

EUR/USD Retreats After Post-FOMC Rally March 18, 2021 by Vladimir Vyun EUR/USD demonstrated a significant loss today but it was not quite enough to erase yesterday’s rally caused by the monetary policy announcement by the Federal Open Market Committee. Today’s US macroeconomic data does not […]