EUR/USD overview

Euro headed lower versus the U.S. dollar for the fifth consecutive trading day extending its losses below the 1.1740 barrier. The EUR/USD pair almost hit the 100-day SMA and dropped 0.8% following the…

The euro was trading lower against the U.S. dollar over the previous days but finally, it posted a green week. It is worth to mention that the EUR/USD pair snapped the four consecutive losing weeks…

The weakness of the U.S. dollar drove the EUR/USD pair above the 1.1850 price level, which is near the 50-day SMA and is also our second recommended target (see technical analysis here:…