EURUSD Trading Beneath 1.1700 Amid a Weaker Dollar, German Election

EURUSD Price Analysis – September 27 After a three-week slump under 1.1720 into the early American session, EURUSD sellers are still at odds with buyers. The US Dollar Index depreciates little but remains over 92.70. The euro is being weighed down by Germany’s election results, following ECB’s Lagarde speech. Key LevelsResistance Levels: 1.1805, 1.1804, 1.1750Support […]

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EURUSD Continues To Lose Steam While Trading Near 1.1700

EURUSD Price Analysis – September 20 The single currency opens the week in the same gloomy mood as it ended the previous one, dragging EURUSD closer to the critical base level of 1.1700. Before the Fed’s second FOMC meeting this week, the US dollar is mounting a broad-based surge as the DXY hits a new […]

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EURUSD Continues To Fall to Levels Below 1.1800, Dollar Seems Firmer

EURUSD Price Analysis – September 13 In early Monday trading, the EURUSD opens the week in the red and continues its decline below the 1.18 level. At the time of writing, the pair has dropped even further, reaching new 3-week lows in the 1.1770 level. The resurgence of weakness is in response to the dollar’s […]

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EURUSD Stays Under Assault Beneath 1.1900 Despite Dollar Bounce

EURUSD Price Analysis – September 6 During the European session on Monday, the EURUSD is under pressure, trading below the 1.1900 marks. The stronger dollar has pulled the pair down to around 1.1860 intraday low at the time of writing. As the US dollar gains support after a dismal NFP-driven fall, the pair is retreating. […]

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Renewed Dollar Selling Drives EURUSD To Break the 1.18 Mark

On the back of the increased offered position in the dollar, the pair trades in new multi-week highs as investors analyze Powell’s post-Jackson Hole remarks and cautionary message, while month-end flows add to the USD’s gloom. Dollar selling resumes today, with the EUR/USD finally breaching through the 1.18 level. The NZD, on the other hand, […]

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EURUSD Retains Growth Near 1.1800, Suggests a Further Rise

EURUSD Price Analysis – August 30 The EURUSD pair reached a high of 1.1809 and is now holding gains around the 1.1800 mark. Although following the release of the latest Eurozone sentiment figures, the euro remained positive posting modest intraday gains. Key LevelsResistance Levels: 1.1975, 1.1908, 1.1850Support Levels: 1.1750, 1.1704, 1.1663EURUSD Long term Trend: BearishAny […]

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EURJPY Strives To Find a Path After It Reaches 128.00

EURJPY Price Analysis – August 20 On Friday, the EURJPY continued much under attack at current levels within the 128.00 area. A further decline might take the price down to the 127.00 level. In terms of policy, the gap between the Federal Reserve and the European Central Bank (ECB) is anticipated to increase in the […]

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EUR/USD Continuation Pattern!

EUR/USD drops right now only because the Dollar Index stays higher. DXY’s further growth could force the pair to resume its drop. The pair has found temporary support and now it’s fighting hard to stay above the weekly pivot point (1.1768). The US Retail Sales is expected to drop by 0.2% in July versus 0.6% […]

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EURUSD Stays Offered Shy of 1.1800 As the Market Tone Worsens

EURUSD Price Analysis – August 16 On Monday, the current bullish surge in EURUSD appears to have met some stiff opposition around the 1.1800 thresholds. The market is in a scenario where investors’ sentiment appears to favor the dollar so far, with the pair on the back foot and somewhat fades Friday’s big advance. Key […]

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EURUSD Might Target Yearly Lows on Dips Beneath 1.1740 Support

EURUSD Price Analysis – August 9 The EURUSD pair is holding above 1.1750 level, although a breach below this level would further empower the sellers. The pair fought to consolidate on its brief intraday rally, hovering well within easy reach of its yearly lows around 1.1704 which was reached earlier on March 31st. It fell […]

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Author : Michael Fasogbon


Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.