Saturday, June 10, 2023

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Skip to main content TRENDING: EURUSD | GBPUSD | XAUUSD | AUDUSD | USDCAD Sponsored by MENU Show navigationFXStreet EUR/USD Price Analysis: Further gains should reclaim 1.0800 and beyond NEWS | 06/09/2023 12:36:10 GMT | By Pablo Piovano Share: Share on Twitter Share on Facebook Copy to clipboard EUR/USD corrects lower following new monthly peaks near 1.0790. Extra advances are expected to reclaim the area above 1.0800. EUR/USD faces some renewed downside pressure and gives away part of Thursday’s strong move to the vicinity of 1.0800 the figure. A more serious bullish attempt is expected to quickly surpass the so far monthly high at 1.0787 (June 8) closely followed by the round level at 1.0800, which appears propped up by the transitory 100-day SMA, today at 1.0807. Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0518. EUR/USD daily charts EUR/USD OVERVIEW Today last price 1.0767 Today Daily Change 29 Today Daily Change % -0.14 Today daily open 1.0782 TRENDS Daily SMA20 1.0764 Daily SMA50 1.0887 Daily SMA100 1.0809 Daily SMA200 1.0516 LEVELS Previous Daily High 1.0787 Previous Daily Low 1.0696 Previous Weekly High 1.0779 Previous Weekly Low 1.0635 Previous Monthly High 1.1092 Previous Monthly Low 1.0635 Daily Fibonacci 38.2% 1.0752 Daily Fibonacci 61.8% 1.0731 Daily Pivot Point S1 1.0723 Daily Pivot Point S2 1.0664 Daily Pivot Point S3 1.0632 Daily Pivot Point R1 1.0814 Daily Pivot Point R2 1.0846 Daily Pivot Point R3 1.0906 Share: Share on Twitter Share on Facebook Copy to clipboard Feed news Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. 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More info about newsletters Enter you email address Subscribe 7 Newsletters selected angle down By subscribing you agree to our Terms and conditions Follow us on Telegram Stay updated of all the news Join Telegram RECOMMENDED CONTENT Silver Price Analysis: XAG/USD hits a four-week high but retreats as gravestone doji emerges By Christian Borjon Valencia | 49 minutes ago EUR/GBP falls to nine-month lows below 0.8550 By Patricio Martín | 06:48 EUR/USD Price Analysis: Bears eye the neck line of the reversion pattern By Ross J Burland | 06:46 S&P 500 giving back gains into the close, Fed and US CPI eyed By Ross J Burland | 05:58 Canada: Some cracks appeared in the labor market but may not be enough for the BoC – CIBC By Matías Salord | 05:54 USD/MXN drops to seven year new lows due to Fed skip, Mexico inflation cools By Christian Borjon Valencia | 05:50 USD/CAD Price Analysis: Bulls move in at key demand area By Ross J Burland | 05:15 Gold Price Forecast: XAU/USD hovers around $1,960 with no clear direction By Patricio Martín | 05:14 Fed to resume hiking cycle in July – Rabobank By Matías Salord | 05:07 Pound Sterling Price News and Forecast: GBP/USD rises to four-week high By FXStreet Team | 04:55 EDITORS’ PICKS EUR/USD retreats to 1.0750, looks to post small weekly gains EUR/USD retreats to 1.0750, looks to post small weekly gains EUR/USD lost its traction and declined to the 1.0750 area in the American session on Friday. In the absence of high-tier data releases, week-end flows seem to be impacting the pair's action heading into the weekend. EUR/USD News GBP/USD holds above 1.2550 ahead of the weekend GBP/USD holds above 1.2550 ahead of the weekend GBP/USD keeps its footing on Friday and trades modestly higher on the day above 1.2550 following Thursday's rally. Ahead of next week's all-important US inflation data and Fed policy announcements, modest US Dollar weakness allows the pair to stay in positive territory. GBP/USD News Gold struggles to find direction, holds steady near $1,960 Gold struggles to find direction, holds steady near $1,960 Gold price struggles to make a decisive move in either direction on Friday in the absence of high-impact data releases. The benchmark 10-year US Treasury bond yield stays relatively calm above 3.7% following Thursday's slide, limiting XAU/USD's action. Gold News Weekly Roundup: Binance US halts fiat services, Coinbase does business as usual, XRP hits key milestone Weekly Roundup: Binance US halts fiat services, Coinbase does business as usual, XRP hits key milestone The US financial regulator, the Securities and Exchange Commission’s (SEC) clampdown on exchange negatively influenced the crypto market and assets throughout the week. The lawsuits against Binance and Coinbase resulted in several challenges for the platforms’ users. Read more The Week Ahead - FOMC, ECB and Bank of Japan, US CPI, China retail sales and Tesco results The Week Ahead - FOMC, ECB and Bank of Japan, US CPI, China retail sales and Tesco results A busy week is ahead, including meetings from the Federal Reserve, the European Central Bank, and the Bank of Japan. Data to be released includes US CPI and China retail sales. Tesco will also release results. Read more FOREX MAJORS CRYPTOCURRENCIES SIGNATURES ©2023 "FXStreet" All Rights Reserved Disclaimer

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world stoks news

Skip to main content TRENDING: EURUSD | GBPUSD | XAUUSD | AUDUSD | USDCAD Sponsored by MENU Show navigationFXStreet EUR/USD Price Analysi...