The pair moves within a narrow range in the 1.1740 region. The greenback recovers the 94.00 handle amidst higher yields. German ZEW survey next of relevance in Euroland. After testing the vicinity of the 1.1800 key barrier at the beginning of the week, EUR/USD appears to have lost some upside momentum and has returned to the 1.1740 region, challenging yesterday’s lows at the same time. EUR/USD now looks to data, trade The pair is trading in red figures for the first time after three consecutive advances, all against the backdrop of a firm note in the risk-associated complex. In fact, risk appetite trends continue to weigh on JPY crosses, sending EUR/JPY higher and capping the downside in the pair somewhat. On the USD-side, the US Dollar Index managed to regain the 94.00 limestone and above, always supported by a robust recovery in USD/JPY and higher US yields. Later in the European session, the German ZEW survey will be the sole event, while JOLTs Job Openings is expected across the pond along with the API weekly report on crude supplies. EUR/USD levels to watch At the moment, the pair is losing 0.09% at 1.1741 and a break below 1.1718 (monthly low Dec.12 2017) would open the door to 1.1670 (10-day sma) and then 1530 (low Jun.19). On the flip side, the next hurdle emerges at 1.1791 (high Jul.9) seconded by 1.1853 (high Jun.15) and finally 1.1854 (38.2% Fibo of April-May drop). 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 UK: GDP to gain 0.3% in May – TDS FX Street 3 years The pair moves within a narrow range in the 1.1740 region. The greenback recovers the 94.00 handle amidst higher yields. German ZEW survey next of relevance in Euroland. After testing the vicinity of the 1.1800 key barrier at the beginning of the week, EUR/USD appears to have lost some upside momentum and has returned to the 1.1740 region, challenging yesterday's lows at the same time. EUR/USD now looks to data, trade The pair is trading in red figures for the first time after three consecutive advances, all against the backdrop of a firm note in the risk-associated complex. In fact,… Top 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.
