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EUR/USD Daily Forecast - U.S. Dollar Gains Ground As Treasury Yields Move Higher


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Euro Is Losing Ground Against U.S. Dollar
EUR/USD is currently trying to settle below the support at 1.1965 while the U.S. dollar is gaining ground against a broad basket of currencies.
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The U.S. Dollar Index gained upside momentum and managed to get above 91.50. Treasury yields continue to move higher, providing support to the American currency. The nearest resistance level for the U.S. Dollar Index is located at 91.75. If the U.S. Dollar Index manages to settle above this level, it will head towards the next resistance at 92 which will be bearish for EUR/USD. ....

United States , European Central Bank , Euro Area Industrial Production , Industrial Production , ஒன்றுபட்டது மாநிலங்களில் , ஐரோப்பிய மைய வங்கி , யூரோ பரப்பளவு தொழில்துறை ப்ரொடக்ஶந் , தொழில்துறை ப்ரொடக்ஶந் ,

EUR/USD Daily Forecast - Resistance At 1.2130 Remains A Major Obstacle On The Way Up


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Euro Tries To Gain More Ground Against U.S. Dollar
EUR/USD remains glued to the nearest resistance level at 1.2130 while the U.S. dollar is losing ground against a broad basket of currencies.
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The U.S. Dollar Index is currently testing the nearest support level at 90.30. A move below this level will push the U.S. Dollar Index towards the support at the 90 level which will be bullish for EUR/USD.
Yesterday, EU reported that Euro Area Industrial Production decreased by 1.6% month-over-month in December compared to analyst consensus which called for a decline of 1%. On a year-over-year basis, Industrial Production declined by 0.8%. ....

Euro Area Industrial Production , Industrial Production , Sentiment Index , யூரோ பரப்பளவு தொழில்துறை ப்ரொடக்ஶந் , தொழில்துறை ப்ரொடக்ஶந் , உணர்வு குறியீட்டு ,