Introduction Technical Analysis After a strong breakout above 1.13 in April, 6E has pulled back modestly, retracing toward the 50-day moving average and prior support at ~1.114–1.117. Buyers stepped in at that level, and we are now seeing an attempt to regain upside momentum. Price is currently retesting the pivot zone at 1.127, which is Read More…
Technical Analysis Bullish Structure Intact The Euro surged from below 1.08 in Q1 to above 1.16 in mid-April, breaking through several key resistance levels. The most recent pullback appears to have: Resistance and Key Levels The key technical battlegrounds now are: A daily close above 1.1300 would shift momentum strongly back in the bulls’ favor Read More…
Introduction The Euro has made a decisive reclaim of the 1.08 handle after bouncing from the 1.0630 support zone—an area of high demand that has repeatedly served as a pivot in the past two years. Chart Structure & Key Levels Momentum Conditions Macro & Sentiment Backdrop Scenarios Moving Forward Bullish Continuation Scenario Bearish Pullback Scenario Read More…
introduction Euro FX Futures (6E) have surged lately as the Dollar strength diminishes. The recent move is supported by both technical strength and fundamental catalysts, with the euro gaining momentum against the dollar. As of today, Euro futures are trading at 1.07090, up +0.95%, showing a strong bullish breakout above the 1.06305 resistance level. The Read More…
Introduction The Euro FX futures (6E) continue to trade above support, holding gains after forming a bullish divergence at the lows. Price remains in a short-term recovery phase, but the 1.0580 – 1.0630 resistance zone and the 100-day VWMA (1.0581) are capping upside momentum. As of today, 6E is trading at 1.04585, up +0.19%, with Read More…
Introduction The Euro (EUR/USD) has shown signs of stabilization after months of weakness driven by a surging U.S. dollar. A strong dollar, fueled by hawkish Federal Reserve policy and resilient U.S. economic data, has kept the euro under pressure. However, recent price action suggests that the euro may have found a bottom, with bullish momentum Read More…
