EUR/USD records five-year-lows but trims some losses and hovers around 1.0560s By christianborjon EURUSD Majors Macroeconomics Technical Analysis
ps since the close, towards the fresh 5-year-low around 1.0514, recorded on Wednesday. At 1.0564, the EUR/USD recovered some ground, aiming to finish the day with losses for the fifth consecutive trading day.Investors’ mood improved since the mid-North American session. Probably on thefrom China, as Shanghai is about to ease lockdowns following a Covid-19 outbreak that hit the second largest Chinese city a couple of weeks ago.
like the Relative Strength Index , albeit at oversold conditions, seem poised to record lower readings. At the time of writing stands at 27.09.first support would be 1.0500. A breach of the latter would expose 1.0450, followed by 1.0400, and then a test of January’s 2017 cycle lows near 1.0340.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Breaking: EUR/USD hits fresh five-year lows below 1.0636EUR/USD cracks the key support, with more pain in the offing. The US dollar cheers haven demand amid Fed-ECB policy divergence. Intensifying EU-Russi
Les mer »
EUR/USD bounces slightly from 1.0640 ahead of ECB’s LagardeThe EUR/USD pair is displaying a dead cat bounce after printing a fresh two-year low at 1.0636 in the late New York session as the risk-off impulse mo
Les mer »
Forex Today: Stocks, Euro, British Pound Fall AgainEUR/USD Hits 5-Year Low, US Dollar and Yen Gain, European Currencies Weak; Stock Markets Sharply Lower Yesterday on Poor Growth Outlook.
Les mer »
EUR/USD Forecast: Still looking for support, testing March 2020 lowsThe EUR/USD is falling for the fourth consecutive day. It reached at 1.0641, a fresh cycle low, slightly above the March 2020 bottom. The move is dri
Les mer »
EUR/USD continues decline towards 2020 lows after dipping back under 1.0700After dipping back under the 1.0700 level during Asia Pacific trading hours, EUR/USD has continued to trade with a negative bias throughout European t
Les mer »
USD/CHF hovers around 0.9600 as DXY steadies, focus shifts on SNB Jordan’s speechThe USD/CHF pair is oscillating in a narrow range of 0.9547-0.9596 from the New York session, following the footprints of the US dollar index (DXY). T
Les mer »