EUR/USD Outlook: Pauses near 100-SMA on H4, positive trend remains
The EUR/USD pair continued its upward movement for a second consecutive day, reaching approximately 1.1830 during Thursday’s Asian trading session. This rise comes amidst ongoing worries about how US President Donald Trump’s unpredictable trade policies are affecting the economy, leaving the US dollar in a precarious position, which, in turn, is supporting spot prices. Technically, […]
EUR/USD Price Outlook: Positive trend persists as long as it stays above 1.1700, 100-SMA on H4
The EUR/USD is having a tough time taking advantage of a small bullish gap stemming from the US-EU trade agreement. The technical indicators suggest there might be opportunities for buying dips as the USD weakens. Nevertheless, traders are likely to hold off until after the two-day FOMC meeting results. The EUR/USD pair is kicking off […]