Euro-Dollar Poised for Bullish Breakout with Bollinger 20 Support!
Alright folks, we’ve seen the Euro-Dollar pair make a mighty surge upwards at Weekly time frame, but it’s taken a step back with a correction lately. Fear not, as it’s currently being propped up by the trusty ol’ middle band of Bollinger 20. This is the perfect opportunity to pounce aggressively and anticipate a further […]
EUR/USD – Will the new year end the positive momentum?
The EUR/USD price ended the month on a strong positive note while the year ended, paring losses partially. The pair looks buoyant, closing above the key moving averages on the daily chart. The 50-day and 200-day moving averages have formed a bullish crossover. Meanwhile, the 50-day and 100-day moving averages made a bullish crossover earlier […]
EUR/USD – Will it remains strongly bullish?
The EUR/USD price remained positive throughout the week until the FOMC meeting revealed a persistent rate hike policy. The US dollar picked strength across the board. Now the focus has turned o Core PCE index data due on Thursday. Technically, the EUR/USD pair remains strongly bullish. However, the price started correcting lower. The probability […]
