EUR/USD clings to gains above 1.0750 after US data
EUR/USD manages to hold in positive territory above 1.0750 despite retreating from the fresh multi-week high it set above 1.0800 earlier in the day. The US Dollar struggles to find demand following the weaker-than-expected NFP data.
The Relative Strength Index (RSI) indicator on the 4-hour chart stays above 50...
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In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET
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Fundamental Analysis:
1. US Retail Sales Increase: Recent data shows a 0.6% increase in retail sales in December, marking the strongest pace in three months. This indicates a solid holiday season and a resilient consumer attitude in the US, which could be a positive indicator for the US dollar (USD).
2. Consumer Resilience and Economic Outlook: Despite...
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As i can see eurusd is testing a resistance zone and moving to the north as other pairs moved against dollar but now its time to retrace some pips and we always look for these type of sniper entries friends do a proper analysis before trading and share ur thoughts with us that it help alote of traders community ....
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In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET
today EURJPY analysis 👆
🟢This Chart includes_ (EURJPY market update)
🟢What is The Next Opportunity on EURJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
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Currently, in the 15-minute timeframe, we are in an uptrend range that extends from 1.10158 to 1.09626, with the former being the liquidity point of the range. We have a demand zone at 1.09850. Personally, I would like to see a double structure breakout to the upside before considering a long position, as a single breakout could indicate a re-distribution, making...
EURUSD is trading in the ascending channel .
Price bounced off the resistance level that was respected before. Look left.
We expect a retest of the support level.
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