EUR softened on lockdown fearsThe euro suffered another session of losses yesterday, as lockdown fears increased after new Covid-19 cases in Germany rose by a record 75,961 on the day
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Seesaws near 16-month lowon the way to 1.1000EUR/USD picks up bids to refresh intraday high around 1.1215 during the initial Asian session on Friday.
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EUR/USD Mid-Session Technical Analysis for November 25, 2021The Euro is edging higher against the U.S. Dollar at the mid-session on Thursday as the greenback weakened overnight.
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Will the EUR/USD price resume retreating?The technical analysis of the EURUSD price chart on 1-hour timeframe shows EURUSD: H1 is attempting to rebound toward the 200-period
EUR/USD could drop to 1.1160 near termIn opinion of FX Strategists at UOB Group, the recent price action in EUR/USD opens the door to further decline to 1.1160 in the next weeks
Bearish techs and weak fundamentals keep the euro under strong pressureThe Euro is consolidating above new 5 ½ month low (1.1186) in early Thursday, but maintains firm bearish tone