EUR/USD Comes Under Pressure Near 1.0850

The weekly upside bias in EUR/USD appears to have met a tough barrier around the 1.0850 regions.

EUR/USD Looks Offered As Dollar Rebounds

EUR/USD lost momentum following a promising first half of the week and comes under some selling pressure on the back of the bounce in the greenback and the broad-based offered stance in the risk complex.

Indeed, bulls appear to struggle to overcome the mid-1.0800s, while the better tone in the dollar remains underpinned by the mixed performance in US yields and haven demand stemming from banking concerns.

Meanwhile, ECB Board member Kazimir suggested that core inflation could be key in interest rate decisions when he left the door open to further rate hikes, albeit slower.

In the domestic calendar, Consumer Confidence tracked by GfK in Germany improved marginally to -29.5 for April (from -30.6), while Consumer Confidence in France receded to 81 in March (from 82).

Across the pond, MBA Mortgage Applications and Pending Home Sales are due later in the NA session.

What To Look For Around EUR

The weekly recovery in EUR/USD meets initial resistance near 1.0850 against the backdrop of the moderate bounce in the dollar.

In the meantime, price action around the European currency should continue to closely follow dollar dynamics, as well as the potential next moves from the ECB in a context still dominated by elevated inflation, although amidst dwindling recession risks for the time being.

Key events in the euro area this week: Germany GfK Consumer Confidence, France Consumer Confidence (Wednesday) – Germany  Flash Inflation Rate, EMU Consumer Confidence, Economic Sentiment (Thursday) – Germany Retail Sales/Labor Market Report, EMU Flash Inflation Rate/Unemployment Rate, France Flash Inflation Rate, Italy Flash Inflation Rate (Friday).

Eminent issues on the back boiler: Continuation, or not, of the ECB hiking cycle. Impact of the Russia-Ukraine war on the region’s growth prospects and inflation outlook. Risks of inflation becoming entrenched.

EUR/USD Levels To Watch

So far, the pair is retreating 0.10% at 1.0832 and faces the next support at 1.0712 (low March 24), followed by 1.0637 (100-day SMA) and finally 1.0516 (monthly low March 15). On the other hand, a break above 1.0929 (monthly high March 23) would target 1.1032 (2023 high February 2) en route to 1.1100 (ground level).

This Post Has 823 Comments

  1. Edmundjek

    online pharmacy ireland

  2. Johnnynew

    best pharmacy sites with discounts: SafeMedsGuide – buy medications online safely

  3. HaroldRAm

    SafeMedsGuide: SafeMedsGuide – buy medications online safely

  4. HaroldRAm

    promo codes for online drugstores: online pharmacy – buy medications online safely

  5. Edmundjek

    buy medicine online legally Ireland

  6. Edmundjek

    discount pharmacies in Ireland

  7. Edmundjek

    pharmacy delivery Ireland

  8. Edmundjek

    discount pharmacies in Ireland

  9. Edmundjek

    buy medicine online legally Ireland

  10. HaroldRAm

    promo codes for online drugstores: SafeMedsGuide – cheapest pharmacies in the USA

  11. HermanBiola

    cheapest pharmacies in the USA SafeMedsGuide online pharmacy

  12. Edmundjek

    pharmacy delivery Ireland

  13. HaroldRAm

    top rated online pharmacies: Safe Meds Guide – top rated online pharmacies

  14. HermanBiola

    buy medicine online legally Ireland online pharmacy top-rated pharmacies in Ireland

  15. Edmundjek

    trusted online pharmacy Ireland

  16. Johnnynew

    top rated online pharmacies: online pharmacy – promo codes for online drugstores

  17. Edmundjek

    discount pharmacies in Ireland

  18. Edmundjek

    online pharmacy ireland

  19. HaroldRAm

    promo codes for online drugstores: SafeMedsGuide – best pharmacy sites with discounts

  20. Edmundjek

    irishpharmafinder

  21. Johnnynew

    Aussie Meds Hub Australia: Aussie Meds Hub – Australian pharmacy reviews

  22. Johnnynew

    non-prescription medicines UK: Uk Meds Guide – UK online pharmacies list

  23. Edmundjek

    top-rated pharmacies in Ireland

  24. HaroldRAm

    best pharmacy sites with discounts: best online pharmacy – buy medications online safely

  25. Edmundjek

    irishpharmafinder

  26. Johnnynew

    non-prescription medicines UK: online pharmacy – best UK pharmacy websites

  27. Edmundjek

    affordable medication Ireland

  28. Edmundjek

    pharmacy delivery Ireland

  29. ThomasLoomb

    Kamagra online kaufen: vital pharma 24 – Potenzmittel ohne ärztliches Rezept

  30. Clydewar

    FarmaciaViva: farmacia viva – acquistare Spedra online

  31. RichardFop

    Kamagra oral jelly France: kamagra – Kamagra oral jelly France

  32. Robertmow

    Kamagra sans ordonnance: Vita Homme – Sildenafil générique

  33. Robertmow

    Kamagra sans ordonnance: kamagra – Sildenafil générique

  34. Clydewar

    farmacia viva: Spedra – comprare medicinali online legali

  35. RichardFop

    Viagra reseptfritt Norge: Mann Vital – ereksjonspiller på nett

  36. GeorgeBooft

    Potenzmittel ohne ärztliches Rezept: vitalpharma24 – vital pharma 24

  37. MichaelSoync

    ereksjonspiller på nett Mann Vital Sildenafil tabletter pris

  38. RandyReoge

    MediUomo: Medi Uomo – pillole per disfunzione erettile

  39. Jesussig

    Viagra generico online Italia: Medi Uomo – Viagra generico online Italia

  40. Davidcrync

    miglior sito per acquistare Sildenafil online Medi Uomo Viagra generico con pagamento sicuro

  41. RandyReoge

    Sildenafil-tabletter pris: MannensApotek – köpa Viagra online Sverige

  42. Davidcrync

    diskret leverans i Sverige mannens apotek diskret leverans i Sverige

  43. Anthonykeymn

    difference between Viagra and generic Sildenafil: Viagra tablet online – Viagra generic price comparison

  44. CharlesSlods

    NHS Viagra cost alternatives BritMedsUk Viagra online UK

  45. Anthonykeymn

    MediVertraut: MediVertraut – Sildenafil ohne Rezept

  46. RaymondLoome

    tadalafilo: cialis precio – farmacia online fiable en España

  47. GeorgeBut

    Tadalafil 20mg Bestellung online PotenzVital Cialis generika günstig kaufen

  48. RaymondLoome

    Potenz Vital: cialis generika – Tadalafil 20mg Bestellung online

  49. CareyWaddy

    trusted online pharmacy for ED meds buy cialis online affordable Cialis with fast delivery

  50. AndrewSlike

    online pharmacy: buy amoxil – safe online medication store

  51. AndrewSlike

    buy Doxycycline: buy clomid – buy propecia

  52. AndrewSlike

    best mexican pharmacy: MedicoSur – MedicoSur

  53. AndresSpulp

    online pharmacy same day delivery: buy amoxil – ZenCareMeds

  54. AndresSpulp

    discreet ED pills delivery in the US: cialis – trusted online pharmacy for ED meds

  55. AndrewSlike

    ZenCareMeds: buy clomid – buy Doxycycline

  56. CareyWaddy

    buy Doxycycline buy clomid buy Doxycycline

  57. AndresSpulp

    mexico pharmacy: mexican pharmacy – purple pharmacy online ordering

  58. JamesCon

    BritMeds Direct online pharmacy order medication online legally in the UK

  59. Brettpes

    viagra uk: buy viagra – Viagra online UK

  60. Jamesvax

    UK chemist Prednisolone delivery: buy prednisolone – order steroid medication safely online

  61. Brettpes

    UK online antibiotic service: generic amoxicillin – buy penicillin alternative online

  62. Jamesvax

    BritPharm Online: viagra uk – viagra uk

  63. Jamesvax

    order medication online legally in the UK: pharmacy online UK – UK online pharmacy without prescription

  64. JamesCon

    best UK online chemist for Prednisolone MedRelief UK UK chemist Prednisolone delivery

  65. Brettpes

    generic Amoxicillin pharmacy UK: buy amoxicillin – generic amoxicillin

  66. JamesCon

    buy penicillin alternative online cheap amoxicillin generic Amoxicillin pharmacy UK

  67. Willievor

    Prednisone tablets online USA: PredniWell Online – prednisone brand name india

  68. Willievor

    horse wormer ivermectin: stromectol 3 mg – trusted Stromectol source online

  69. MorrisSquib

    how to order Cialis online legally: EverLastRx – safe online pharmacy for ED pills

  70. MorrisSquib

    order Stromectol discreet shipping USA: ivermectin heartgard – low-cost ivermectin for Americans

  71. Charleskax

    AmoxDirect USA: buy amoxil – buy amoxicillin

  72. Charleskax

    Purchase amoxicillin online: buy amoxil – buy amoxil

  73. Davidgyhow

    Buy Clomid online buy clomid Generic Clomid

  74. GlennRix

    buy amoxicillin: buy amoxil – buy amoxil

  75. Davidgyhow

    zithromax over the counter canada cheap zithromax zithromax z- pak buy online

  76. Martinhon

    Sildenafil 100mg: sildenafil – Buy sildenafil

  77. BruceDouff

    Generic tadalafil 20mg price: tadalafil – tadalafil

  78. Martinhon

    Best online Mexican pharmacy: MedicExpress MX – mexican pharmacy

  79. Davidlah

    bestille medisiner online diskret: NordApotek – NordApotek

  80. FloydMig

    medicinali generici a basso costo FarmaciaFacile FarmaciaFacile

  81. Jamesdap

    apotheek zonder receptplicht: HollandApotheek – online apotheek Nederland betrouwbaar

  82. FloydMig

    apotek uten resept med levering hjem NordApotek apotek pa nett med gode priser

  83. Anthonyzop

    farmacia online españa: SaludExpress – comprar medicinas online sin receta médica

  84. Mileswop

    online apotheke: kamagra – beste online-apotheke ohne rezept

  85. JamesEnfor

    Indian pharmacy ship to USA: CuraMedsIndia – Best online Indian pharmacy

  86. Michealmah

    VitalEdgePharma VitalEdge Pharma buy erectile dysfunction pills online

  87. Dennismex

    Clear Meds Hub: – Clear Meds Hub

  88. StevenJulge

    apotheke online Manner Kraft internet apotheke

  89. DonaldFug

    eu apotheke ohne rezept: Blau Kraft – ohne rezept apotheke

  90. Israelmon

    ohne rezept apotheke: MannerKraft – online apotheke preisvergleich

  91. DonaldFug

    cialis generika ohne rezept: PotenzApotheke – shop apotheke gutschein

  92. StevenJulge

    gГјnstige online apotheke Potenz Apotheke cialis generika ohne rezept

  93. Teddyner

    canadian pharmacy online store: TrueNorth Pharm – canadian drug pharmacy

  94. CharlesPieft

    can i order online from a mexican pharmacy: SaludFrontera – order from mexico

  95. CharlesPieft

    canadianpharmacy com: TrueNorth Pharm – canadian pharmacy meds review

  96. AlbertKar

    confidential delivery cialis UK IntimaCare UK IntimaCare UK

  97. AlbertKar

    branded and generic tadalafil UK pharmacy IntimaCareUK IntimaCareUK

  98. JamesBug

    cialis buy without: EverGreenRx USA – tadalafil 40 mg with dapoxetine 60 mg

  99. Gregorypioma

    tadalafil vs sildenafil originalcialis cialis free trial voucher 2018

  100. CharlesRof

    betawi77 login betawi77 betawi77 login

  101. StevenBruic

    bataraslot 88: bataraslot – slot online

  102. StevenBruic

    hargatoto alternatif: hargatoto slot – toto slot hargatoto

  103. Kennethfup

    viagra generique efficace BluePharma livraison rapide et confidentielle

  104. Kennethfup

    tadalafil sans ordonnance IntimaPharma IntimaPharma France

  105. Anthonydup

    tadalafil 20 mg en ligne: Intima Pharma – cialis sans ordonnance

  106. MichaelPoure

    canadian family pharmacy: TrueMeds – TrueMeds Pharmacy

  107. Antoniodrato

    the peoples pharmacy TrueMeds TrueMeds

  108. MichaelPoure

    VitalCore Pharmacy: VitalCore – ed pills

  109. MichaelPoure

    TrueMeds: TrueMeds – TrueMeds Pharmacy

  110. LouisSuddy

    migliori casino online con Starburst: starburst – giocare da mobile a Starburst

  111. Ramonsmoog

    preman69 slot: preman69 – preman69 situs judi online 24 jam

  112. Miltonpal

    bonaslot situs bonus terbesar Indonesia: bonaslot login – bonaslot login

  113. LouisSuddy

    slot gacor hari ini preman69: 1win69 – preman69 situs judi online 24 jam

  114. Robertpoise

    farmacia online: Forza Intima – acquisto farmaci con ricetta

  115. Jamaloffef

    acquisto farmaci con ricetta FarmaciDiretti Farmacie online sicure

  116. KennethKex

    viagra naturale: PotenzaFacile – esiste il viagra generico in farmacia

  117. Jerrydoone

    stromectol ivermectin 3 mg: IverGrove – ivermectin cream for scabies

  118. Jerrydoone

    CardioMeds Express: lasix 40mg – lasix 20 mg

  119. Jerrydoone

    can you buy generic clomid without insurance: FertiCare Online – FertiCare Online

  120. RobertJes

    Kamagra oral jelly USA availability KamaMeds Sildenafil oral jelly fast absorption effect

  121. RichardlEf

    Tadalify: cialis sample – best place to buy liquid tadalafil

  122. RichardlEf

    cialis without prescription: Tadalify – stendra vs cialis

  123. RobertJes

    Sildenafil oral jelly fast absorption effect KamaMeds ED treatment without doctor visits

  124. RichardlEf

    Tadalify: Tadalify – cialis available in walgreens over counter??

  125. RobertJes

    preГ§o do viagra 50mg SildenaPeak SildenaPeak

  126. RichardlEf

    SildenaPeak: SildenaPeak – viagra 50 mg buy online

  127. RichardlEf

    ED treatment without doctor visits: KamaMeds – Safe access to generic ED medication

  128. Elijahduept

    where to buy viagra in canada online: SildenaPeak – SildenaPeak

  129. PeterNum

    SildenaPeak: SildenaPeak – cheap sildenafil online no prescription

  130. Houstondrurb

    online pharmacy india Indian Meds One best online pharmacy india

  131. RoccoGop

    enterprise rx pharmacy system: MediDirect USA – cialis generic pharmacy

  132. Donaldtug

    Tro choi n? hu GK88: GK88 – Slot game d?i thu?ng

  133. Donaldtug

    Jiliko: jilwin – Jiliko casino walang deposit bonus para sa Pinoy

  134. Donaldtug

    Swerte99 casino: Swerte99 app – Swerte99 online gaming Pilipinas

  135. Donaldtug

    Bandar togel resmi Indonesia: Abutogel login – Situs togel online terpercaya

  136. Rodneymob

    jollibet login: 1winphili – jollibet

  137. Scottnom

    Swerte99 casino walang deposit bonus para sa Pinoy: Swerte99 app – Swerte99 bonus

  138. Larryquork

    Swerte99 online gaming Pilipinas Swerte99 Swerte99 slots

  139. Donaldtug

    Pinco r?smi sayt: Pinco kazino – Onlayn rulet v? blackjack

  140. Rodneymob

    Link alternatif Abutogel: Abutogel login – Link alternatif Abutogel

  141. Antoniokip

    affordable Zanaflex online pharmacy: RelaxMeds USA – RelaxMedsUSA

  142. Antoniokip

    AsthmaFree Pharmacy: rybelsus 7 – AsthmaFree Pharmacy

  143. Richardlen

    MexiCare Rx Hub: MexiCare Rx Hub – purple pharmacy mexico price list

  144. Richardlen

    reputable mexican pharmacies online: MexiCare Rx Hub – MexiCare Rx Hub

  145. Richardlen

    pharmacies in mexico that ship to usa: MexiCare Rx Hub – medicine in mexico pharmacies

  146. Richardlen

    CanadRx Nexus: CanadRx Nexus – buying from canadian pharmacies

  147. Richardlen

    CanadRx Nexus: CanadRx Nexus – canadian pharmacy online

  148. Richardlen

    CanadRx Nexus: CanadRx Nexus – canadian neighbor pharmacy

  149. Richardlen

    canadian pharmacy 24 com: CanadRx Nexus – CanadRx Nexus

  150. Briandaumn

    low-cost antibiotics delivered in USA: Clear Meds Direct – low-cost antibiotics delivered in USA

  151. Briandaumn

    Relief Meds USA: ReliefMeds USA – order corticosteroids without prescription

  152. Briandaumn

    WakeMeds RX: Wake Meds RX – Modafinil for focus and productivity

  153. StanleyTip

    Every article of yours is genuinely insightful—thank you for sharing! For those seeking further information, I’ve had great results using https://medimexicorx.com/.

  154. TimothyPat

    mexican online pharmacies prescription drugs: mexican pharma – mexico drug stores pharmacies

  155. PatrickTaw

    viagra originale recensioni: viagra senza ricetta – kamagra senza ricetta in farmacia

  156. Edisonunumb

    cialis farmacia senza ricetta: viagra – farmacia senza ricetta recensioni

  157. Edisonunumb

    miglior sito per comprare viagra online: viagra farmacia – viagra generico in farmacia costo

  158. NormanVaf

    farmacia barata: Cialis generico – farmacias online seguras en espaГ±a

  159. sklep internetowy

    Good day! Do you know if they make any plugins to
    assist with Search Engine Optimization? I’m trying to get my blog to rank for some targeted
    keywords but I’m not seeing very good success. If you know of any please share.
    Thank you! You can read similar blog here: Sklep internetowy

  160. sklep online

    Hey very nice website!! Guy .. Excellent .. Superb ..
    I will bookmark your web site and take the feeds additionally?

    I’m happy to seek out so many helpful info right here in the submit, we need work out extra strategies on this regard, thanks for sharing.
    . . . . . I saw similar here: E-commerce

  161. najlepszy sklep

    Wow, incredible weblog layout! How lengthy have you ever been running a
    blog for? you made running a blog look easy.
    The entire glance of your web site is magnificent, as well
    as the content! You can see similar here sklep internetowy

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.