EUR/USD

Approximately 22.7% of daily forex trades. This pair, often called “Fiber,” is the most traded due to the economic strength of the Eurozone and the United States, offering high liquidity and tight spreads.

EUR/USD

EUR/USD Buoyed by Technical Breakouts and Market Optimism: September 29 Forex Signal Analysis

EUR/USD showed bullish momentum on September 29 as technical patterns like a bullish engulfing candle and support at the 38.2% Fibonacci retracement near 1.1670 suggested upward potential. Market sentiment improved with easing dollar demand and progress in U.S. stimulus talks, setting the stage for gains toward 1.1750 and 1.1800 resistance levels. Traders should monitor evolving geopolitical and pandemic developments that could influence near-term trends. Report by Crispus Nyaga for MENAFN.

EUR/USD

EUR/USD Soars as US Government Shutdown Fears Weaken the Dollar

EUR/USD rebounds as fears of a US government shutdown weigh on the Dollar. Weak US data and softer Fed hike bets further pressure USD, while the ECB’s cautious hawkish stance supports the Euro. Fiscal uncertainty and mixed signals drive bullish momentum for EUR/USD heading into Q4. #ForexAnalysis

EUR/USD

EUR/USD in Crosshairs as US Government Shutdown Threat Looms

EUR/USD faces heightened volatility as U.S. government shutdown risks rise. While a shutdown may pressure the dollar short term, Fed’s hawkish stance and ECB’s cautious growth outlook add complexity. Key upcoming U.S. and Eurozone data will be critical for navigating the pair’s next moves.

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