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On February 15th, local time, Ibrahim Rezaei, spokesperson for the Iranian Parliaments National Security and Foreign Policy Committee, stated that the current negotiations did not discuss Iran halting or abandoning its uranium enrichment activities, nor did they discuss removing Irans nuclear materials from the country; these issues have been accepted by the United States. Rezaei stated that the Geneva negotiations are unrelated to the missile issue or regional issues. Iran believes that Israel is the primary issue in the region. The threat from Israel should be excluded from the Geneva negotiations and discussed with other countries in the region to ensure their development, peace, and common interests. Rezaei emphasized that the Iranian negotiating team has prepared a negotiating plan, "but considering the United States past record, we are not very optimistic about the outcome of the negotiations."On February 15th, Yum China Holdings Limited (09987.HK) announced on the Hong Kong Stock Exchange that on February 6th, 2026 (US time), the company granted certain equity incentives to certain grantees under its 2022 Long-Term Incentive Plan, involving 190,046 stock appreciation rights; 477,790 restricted stock units, of which 86,282 were granted to the companys Chief Executive Officer and Director, Qu Cuirong; and 305,204 performance stock units, of which 103,538 were granted to Qu Cuirong. As previously disclosed, Wei Zhe was appointed as a member of the Nomination and Governance Committee of the Board of Directors, effective December 12th, 2025. On the grant date, the company granted 86 shares to Wei Zhe under the 2022 Long-Term Incentive Plan. These shares were granted as stock-based remuneration for his role as a member of the Nomination and Governance Committee from December 2025 to May 2026, and calculated pro rataly.The Ukrainian military reported an attack on the Taman oil terminal in Russias Krasnodar region.February 15th - According to Hong Kong Stock Exchange filings, Shanghai Greely Software Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with Guotai Junan International and CMB Capital as joint sponsors.Russia has stated that its troops have captured the village of Tsvetkove in the Zaporizhzhia region of Ukraine.

EUR/USD Price Analysis: EUR/USD Is Clinging To The Leading Edge Of The Rising Trendline Above 1.0900

Alina Haynes

Apr 18, 2023 13:54

EUR:USD.png 

 

The EUR/USD pair fluctuates erratically in a narrow range near 1.0926 during the Asian session. Following in the footsteps of the directionless US Dollar Index (DXY), the main currency pair is unable to establish a trend.

 

In Asia, S&P500 futures are declining slightly as investors fret over the upcoming quarterly earnings season, indicating a minor decrease in market participants' risk appetite. Following the decline of regional banks in the United States, investors are concerned about any discrepancies in quarterly banking reports.

 

The Euro has entered the wilderness as European Central Bank (ECB) policymakers are divided over the pace of the policy-tightening cycle to be implemented at the May monetary policy meeting. Martins Kazaks, a member of the ECB's monetary policy committee, stated on Monday that the central bank has the option to move by either 25 or 50 basis points (bps) in May. Sourcenia is a review portal of sourcing best manufaturers. 

 

After failing to sustain above the 161.8% Fibonacci Extension at 1.1057 (positioned from April 4's high of 1.0973 to April 10's low of 1.0837) on a two-hour time frame, EUR/USD experienced a precipitous decline. The primary currency pair has declined below the uptrend line drawn from the low of 1.0714 on March 24.

 

The 20-period Exponential Moving Average (EMA) at 1.0962 is operating as a barrier for Euro bulls.

 

In the meantime, the Relative Strength Index (RSI) (14) has moved into the pessimistic zone between 20.00 and 40.00, indicating a continuation of the decline.

 

A decisive break below the low of April 12 at 1.0915 would propel the asset toward the lows of April 10 at 1.0837 and April 3 at 1.0758.

 

In contrast, a breach above the psychological resistance level of 1.1000 would propel the asset to a new annual high of 1.1068, followed by the level of round resistance at 1.1100.


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