The EUR/USD pair has extended its slump to 1.2053 and trades nearby, with majors moving in slow motion amid a US holiday. According to FXStreet’s Chief Analyst Valeria Bednarik bears will try challenging the 1.2000 level. See – EUR/USD seen at 1.16 on a 12-month view – Danske Bank Key quotes “Speculative interest is still digesting the latest coronavirus-related news. Immunization through vaccines is on a bumpy start, with Pfizer announcing a delay in delivery in Europe last Friday. Nevertheless, smoother progress in vaccination is expected in the next few weeks, and so far is not a market’s concern.” “EUR/USD is technically bearish and poised to challenge the 1.2000 threshold.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD Price Analysis: Intraday positive move falters near 1.2800 confluence hurdle FX Street 2 years The EUR/USD pair has extended its slump to 1.2053 and trades nearby, with majors moving in slow motion amid a US holiday. According to FXStreet’s Chief Analyst Valeria Bednarik bears will try challenging the 1.2000 level. See – EUR/USD seen at 1.16 on a 12-month view – Danske Bank Key quotes “Speculative interest is still digesting the latest coronavirus-related news. Immunization through vaccines is on a bumpy start, with Pfizer announcing a delay in delivery in Europe last Friday. Nevertheless, smoother progress in vaccination is expected in the next few weeks, and so far is not a market’s concern.” “EUR/USD is technically… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
