EUR/USD Up 5 Pips in Last 4 Hours, is Inching Close to 20 Day Average; Doji and Pin Bar Patterns Appearing on Chart
For additional context, note that price has gone up 7 out of the past 14 days.
EURUSD
(Last Updated April 8, 2020)
Welcome to the news page for EURUSD. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of EURUSD:
20 Day Moving Average Direction: bearish
50 Day Moving Average Direction: bearish
100 Day Moving Average Direction: bearish
200 Day Moving Average Direction: bearish
How the Current EURUSD Rate Fares Relative to the Past Year?
The exchange rate for EURUSD closed yesterday at 1.09. That means that relative to the past year, the rate of EURUSD is now closer to its 52 week low (1.06353) than its 52 week high (currently at 1.14969).To dig deeper and get the latest news on EURUSD, try the links below. You can also visit the MarketWatch or Investing.com pages on EURUSD for more news as well.
EUR/USD Down 11 Pips in Last 4 Hours, Moves Up For the 2nd Day In A Row; Breaks Above 20 Day Average
Or to simplify this another way, note that out of the past 10 days eur/usd’s price has gone down 6 them.
EUR/USD Up 8 Pips On 4 Hour Chart, in a Downtrend Over Past 14 Days; Doji and Pin Bar Patterns Appearing on Chart
Relative to other instruments in the forex asset class, eur/usd ranked 28th yesterday in terms of percentage price change.
EUR/USD Down 2 Pips Over Past 4 Hours, Moves Up For the 2nd Day In A Row; in a Downtrend Over Past 30 Days
Compared to its peers in the forex, eur/usd gave its buyers a return that ranked 14th in terms of percentage change since yesterday.
EUR/USD Down 5 Pips On 4 Hour Chart, Moves Down For the 5th Day In A Row; Pin Bar Pattern Appearing on Chart
For additional context, note that price has gone up 5 out of the past 10 days.
EUR/USD Up 3 Pips Over Past 4 Hours
As for the rationale, technical traders seem to be citing the appearance of fibonacci, stochastic and trendline technical patterns.
EUR/USD Up 1 Pips in Last 4 Hours, 2 Day Down Streak Broken; Nears 20, 50, 100 and 200 Day Moving Averages
This imputes a buy/sell ratio of 0.72, which is bearish.
EUR/USD Down 11 Pips in Last 4 Hours, Moves Down For the 4th Day In A Row; is Inching Close to 20 and 50 Day Averages
As for the rationale, technical traders seem to be citing the appearance of channel, fibonacci and gartley technical patterns.
EUR/USD Down 11 Pips in Last 4 Hours, Entered Today Up For the 7th Day In A Row; Breaks Above 20, 100 and 200 Day Averages
Out of the 40 instruments in the forex asset class, eur/usd ended up ranking 9th for the day in terms of price change.
EUR/USD Down 41 Pips On 4 Hour Chart, Moves Down For the 2nd Day In A Row; Pin Bar Pattern Appearing on Chart
Or to simplify this another way, note that out of the past 30 days eur/usd’s price has gone up 18 them.