The Euro has broken above parity, and it looks like we are in the midst of some type of serious move to the upside.
The EUR/USD has rallied significantly during the trading session on Tuesday to show signs of life again, testing a major downtrend line.
The EUR/USD initially fell during the trading session on Monday, but then turned around to show signs of life again.
The Euro has initially pulled back a bit during the trading session on Friday, but then shot much higher as the Bank of Japan has intervened in the Forex markets.
The euro has fallen against the greenback yet again during the trading session on Wednesday, as the common currency continues to act as a punching bag.
The Euro rallied just a bit during the trading session on Tuesday as we continue to see a little bit of a recovery.
The Euro has pulled back a bit during the trading session on Friday to wipe out most of the body of the bullish candlestick from the Thursday session.
Since the minutes of the last meeting of the US Federal Reserve did not bring anything new to the financial markets, as the bank is still determined to continue raising US interest rates
The price of the currency pair EUR/USD is still stable in its bearish trend below the support level of 0.9700, near the lowest in 20 years.
The EUR/USD exchange rate has entered the new week's trading in full swing in a bearish market.
The EUR/USD has fallen again during the trading session on Monday as we continue to drift lower.
We expected that the euro's current gains against the US dollar EUR/USD may be subject to collapse at any time.
The EUR/USD currency pair has recovered during the trading session on Tuesday to reach the parity region.
The EUR/USD exchange rate has not had much cause for cheer lately, but there is a possibility that it will benefit significantly in the coming weeks
During the last three trading sessions last week, the EUR/USD price succeeded in rebounding higher with gains that reached the level of 0.9854.