It's likely that the pair is going to test the nearest resistance at 1.1375. The subsequent pullback from this level could lead to...
Tag - eur
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EUR/USD ran into a bunch of resistance levels between 1.1375 and 1.1420.
We look for Canadian GDP growth data and US ISM Manufacturing PMI figure. Check how these releases will affect USD/CAD and EUR/USD.
It's likely that the market is going to reach the nearest important support at 1294.31 in the coming days...
Check out the key levels for EUR/USD and USD/JPY ahead of the speech by FOMC member Richard Clarida and the release of American advance GDP!
There's a 'V-Bottom', so it's likely that the market is going to test the nearest significant resistance...
Does the euro have a chance to strengthen versus the USD or should it, on the contrary, get to lower levels?
EUR/CAD tested 1.5040 yesterday but then closed below 1.50.
Key levels for EUR/USD and GBP/USD
The 55 Moving Average is acting as resistance. In this case, the pair is likely going to reach the next resistance...
Do you want to get clues on the most important economic events this week? Watch our latest outlook!