EUR

In recent hours, the euro has depreciated by nearly 0.5% against the U.S. dollar, and a bearish bias has started to take shape following the release of today’s Non-Farm Payrolls (NFP) report.

It was an indecisive month for EUR/USD and a symmetrical triangle has built on the daily chart, highlighting break potential as we move into the final month of Q2.

USD weakness has continued and EUR/USD has broken above the key Fibonacci level at 1.1275 for a fresh weekly high. The question now is whether bulls can force a test of 1.1402 or 1.1500.

EUR/USD came into the week with sellers in full control, but soft US data has helped to bring a pullback to the trend.

EUR/USD snapped back after breaking key support at 1.1200, but with bond yields climbing and Fed cut pricing slipping, it’s tough to back the move without confirmation from rates.

Over the past two sessions, EUR/USD has dropped more than 1.5% in favor of the U.S. dollar, and recent price action now reflects a neutral bias that has held steady amid the pair’s latest short-term movements.

EUR/USD bulls pushed a strong two-month move in March and April, but the question now is whether they can take out the 1.1500 handle.

The last five trading sessions have been fairly neutral for EUR/USD movements, with barely a 0.8% variation. It appears that neutrality has taken hold of the pair below the key 1.15000 zone.

EUR/USD stalled by the pair has held up better than both EUR/JPY and EUR/GBP. This article looks at the single currency in three pairs for the week ahead.

It was a strong week for EUR/USD even with the European Central Bank expected to cut rates again at next week’s rate decision.

EUR/USD is back above the 1.1000 level and threatening a larger break. So far the pair has carved out swings around psychological levels and that puts the focus back on 1.1000.