Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
Trading Articles
Search for the latest articles on trading

EUR/USD Price Analysis: Immediate resistance appears at nine-day EMA above 1.0400

Share

The EUR/USD pair has struggled to maintain momentum above the 1.0400 mark, encountering resistance near the nine-day exponential moving average (EMA). After a brief recovery attempt, the currency pair’s upward movement remains capped, reflecting broader market hesitancy amid economic uncertainty.

EUR/USD Daily Chart as of January 1, 2025
Source – FXStreet

Persistent concerns over Eurozone economic growth and a resilient US dollar have added to the pair’s challenges. Analysts suggest that breaking the 1.0400 resistance could signal renewed bullish sentiment, but sustained gains may require supportive economic data or a shift in market sentiment. The outlook remains cautious as traders await upcoming macroeconomic indicators for further direction.

Subscribe to our Newsletter

Every week, we’ll send you the latest tips, tricks, reviews and advice on how to trade to a wealthier lifestyle

Frequently Asked Questions

What is Algo Trading?

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

What is Zen Trade?

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

Is Zen Trade legit?

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

View more articles by

More About ,

Read More
Read More
Read More
Read More
Read More
Read More
Top Stories
Biden discussed plans to strike Iran nuclear facilities before Trump's inauguration
Biden discussed plans to strike Iran nuclear facilities before Trump's inauguration
Oil Rally Breaks Crude Out of Tight Range With Technical Support
Oil Rally Breaks Crude Out of Tight Range With Technical Support
South Korean authorities attempt to arrest President Yoon Suk Yeol
South Korean authorities attempt to arrest President Yoon Suk Yeol