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  • When you’re ready to furnish your home, it can be tempting

    When you’re ready to furnish your home, it can be tempting

    • Posted: Feb 28, 2024
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    As always, there are plenty of great deals to be found on the internet, but it can be tough to know where to start. Never fear: we’re here to help. In this post, we’ll give you a rundown of some of the best online shopping deals around. So read on, and get ready to save big

    It’s that time of year again where the temperatures are dropping, leaves are changing, and online shopping is in full swing. Whether you’re looking for a new hoodie or a sweatshirt essentialhoods.com to keep you warm this season, there’s no shortage of options when it comes to buying clothes online. And with so many different retailers and websites out there, it can be hard to know where to start. That’s why we’ve put together a list of some of our places to shop for clothes online, including both big-name stores and smaller boutiques. So whether you’re in the market for a new coat or just need some new jeans, read on for our top picks!

    Get your wardrobe in order by purging any clothes you haven’t worn in the past year

    It’s time to get your wardrobe in order by purging any clothes you haven’t worn in the past year. A closet full of clothes you never wear is only taking up valuable space and making it difficult to find anything to wear. So take a few minutes to go through your clothes and get rid of anything that doesn’t make the cut. You’ll be surprised at how much easier it is to find what you’re looking for when your closet is and streamlined. And you’ll feel great knowing that you’re not wasting money on clothes you’ll never wear!

    Create a shopping list of key pieces you need to fill in the gaps in your wardrobe

    Whether your wardrobe is full of holes or you’re just looking to add some key pieces, this shopping list will help fill in the gaps. From a versatile hoodie to a stylish sweatshirt, these pieces will help you stay comfortable and look great all season long. So, don’t wait any longer – start shopping now

    Whether you’re looking to add a few key pieces to your wardrobe or fill in some gaps, this shopping list is for you. From hoodies and sweatshirts to jeans and boots, we’ve got you covered. So, what are you waiting for? Start shopping!

    Shop around for the best deals on clothing and accessories

    As the weather starts to cool down, it’s time to start thinking about buying some new clothes and accessories to keep you warm. But before you go out and spend a lot of money, be sure to shop around for the best deals. There are plenty of places where you can find great discounts on clothing and accessories, so there’s no need to overspend. Check online stores, department stores, and even local boutiques for the best prices. You’ll be able to find something that fits your style and budget

    There are so many places to find deals on clothing and accessories, it can be hard to know where to start. But don’t worry, I’m here to help! In this post, I’ll share some of my tips and tricks for finding the best deals on clothes and accessories. So whether you’re looking for a new wardrobe or just want to save a little money, keep reading for some great advice.

    Follow fashion bloggers and influencers for styling ideas and inspiration

    Looking for some fashion inspiration? Check out some of the top fashion bloggers and influencers for amazing styling ideas. From everyday looks to special event outfits gaphood.net these pros have you covered. So, what are you waiting for? Start browsing now!

    Be patient it’s not necessary to buy everything all at once

    When you’re ready to furnish your home, it can be tempting to buy all of your furniture and accessories at once. However, this isn’t necessary – in fact, it’s often better to be patient and take your time. By spacing out your purchases, you can make sure that each piece is the right fit for your home and your style. So don’t feel pressure to buy everything all at once – just take it slow and enjoy the process!

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  • Rhude Hoodie New Fashion Style

    Rhude Hoodie New Fashion Style

    Rhude Hoodie: The New Fashion Style

    Introduction to Rhude Hoodies

    In the ever-evolving world of fashion, one brand that has been making waves with its unique and stylish offerings is Rhude. Rhude hoodies, in particular, have garnered considerable attention for their distinctive designs and remarkable quality. If you’re looking to stay on-trend while staying comfortable, Rhude hoodies might just be the perfect addition to your wardrobe.

    The Rise of Rhude in Fashion

    Rhude is a relatively young fashion brand that has risen to prominence in recent years. Founded by Rhuigi Villaseñor, this label has a fresh and innovative approach to fashion. Rhude’s aesthetics are influenced by streetwear, luxury, and pop culture, making it a perfect choice for those who appreciate a blend of these elements in their wardrobe.

    Distinct Features of Rhude Hoodies

    Unique Designs

    Rhude hoodies are known for their https://rhudehoodie.shop/ unconventional and eye-catching designs. These hoodies often feature bold graphics, intricate patterns, and artistic motifs that set them apart from the standard hoodies you’ll find in the market.

    Quality Materials

    What truly distinguishes Rhude hoodies is the use of high-quality materials. The brand takes pride in crafting its hoodies with the finest fabrics, ensuring both comfort and durability for the wearer.

    Celebrities and Rhude Hoodies

    Many celebrities have been spotted wearing Rhude hoodies, further propelling the brand into the fashion limelight. From A-list actors to renowned musicians, Rhude hoodies have become a symbol of celebrity style, making them an attractive choice for fashion enthusiasts.

    Rhude Hoodies in Streetwear Culture

    The streetwear culture has embraced Rhude https://rhudehoodie.shop/ hoodies with open arms. These hoodies seamlessly blend into the urban fashion scene, and their unique designs often make them statement pieces that contribute to an individual’s style.

    Why Rhude Hoodies are So Popular

    Versatility

    Rhude hoodies are versatile, offering the wearer the flexibility to dress up or down. Whether you’re going for a casual look or a smart-casual outfit, a Rhude hoodie can complement your style effortlessly.

    Comfort

    Aside from their striking appearance, Rhude hoodies are exceptionally comfortable. The high-quality materials used ensure that you feel at ease, regardless of the occasion.

    How to Style a Rhude Hoodie

    Casual Look

    Pair your Rhude hoodie with jeans and sneakers for an easy, everyday look that oozes style.

    Smart-Casual Look

    For a more polished appearance, combine your Rhude hoodie with tailored trousers and leather shoes.

    Where to Buy Authentic Rhude Hoodies

    Official Website

    The official Rhude website is the most reliable source for authentic products. You can explore their latest collections and make a purchase with confidence.

    High-End Retailers

    Luxury department stores and boutiques often carry Rhude products. Visit these stores to see the collection in person and enjoy a high-end shopping experience.

    Pricing and Value for Money

    While Rhude hoodies are not the most budget-friendly option, their unique designs, exceptional quality, and the brand’s reputation make them a great investment for fashion-conscious individuals.

    Rhude Hoodies for All Seasons

    One of the fantastic aspects of Rhude hoodies is that they are suitable for all seasons. You can layer them during the colder months or wear them on their own during the summer, making them a versatile addition to your wardrobe.

    The Future of Rhude Hoodies in Fashion

    With Rhude’s constant innovation and the brand’s dedication to staying true to its unique aesthetics, the future of Rhude hoodies in fashion looks promising. As trends evolve, Rhude is likely to continue pushing boundaries and setting new standards in the industry.

    Sustainability and Rhude

    Rhude has also shown its commitment to sustainability in fashion. The brand is exploring eco-friendly practices and materials, ensuring that the fashion industry becomes more responsible and environmentally conscious.

    Conclusion

    In conclusion, Rhude hoodies have emerged as a stylish and iconic fashion choice for those who appreciate uniqueness and quality in their wardrobe. With their distinctive designs, high-quality materials, and comfort, Rhude hoodies have rightfully earned their place in the world of fashion.

    Are Rhude hoodies worth the investment?

    Absolutely. Rhude hoodies offer unique designs, top-notch materials, and are favored by celebrities, making them a valuable addition to your wardrobe.

    What makes Rhude hoodies stand out from other brands?

    The unique designs and the use of high-quality materials make Rhude hoodies distinctive. They also offer great comfort and versatility in styling.

    Can I find limited edition Rhude hoodies?

    Yes, Rhude occasionally releases limited edition hoodies, which can be highly sought after by collectors and fashion enthusiasts.

    Are there different styles of Rhude hoodies available?

    Yes, Rhude offers a variety of hoodie styles, from classic designs to more avant-garde options, catering to a wide range of tastes.

    How do I care for my Rhude hoodie?

    To ensure the longevity of your Rhude hoodie, follow the care instructions provided on the label. Typically, gentle machine washing and air drying are recommended.

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  • How to Choose the Right Motherboard for Your PC Build

    How to Choose the Right Motherboard for Your PC Build

    Building your own PC can be a rewarding experience, allowing you to customize your machine for your specific needs. One of the most crucial components of any PC build is the motherboard. It acts as the central nervous system, connecting all your hardware components and ensuring they work together seamlessly. Choosing the right motherboard is essential to the success of your PC build. In this comprehensive guide, we will walk you through the steps and how to change motherboard on PC for your next PC build.

    1. Determine Your Budget

    Before diving into the technical details of motherboard selection, it’s essential to establish your budget. Motherboards come in a wide range of prices, so knowing how much you’re willing to spend will narrow down your options. Keep in mind that a higher price often reflects additional features and capabilities, but that doesn’t mean you can’t find an excellent motherboard within your budget.

    2. Choose the Right Form Factor

    Motherboards come in various form factors, which dictate the size and layout of the board. The most common form factors are ATX, Micro-ATX, and Mini-ITX.

    • ATX: Standard ATX motherboards offer the most space for components and are typically the easiest to work with. If you have a standard-sized PC case and plan to use multiple GPUs or storage devices, ATX is a solid choice.
    • Micro-ATX: Micro-ATX boards are smaller than ATX but still offer decent expandability. They fit well in smaller cases and are a great option for those who want a balance between space and features.
    • Mini-ITX: Mini-ITX motherboards are the smallest and are ideal for compact, small-form-factor builds. While they have limited expansion options, they are perfect for a minimalistic and portable setup.

    Your choice of form factor should align with your case size and the features you need. Smaller cases typically support smaller motherboards, so make sure your components are compatible.

    3. Consider CPU Compatibility

    The motherboard’s socket type must match your CPU’s socket type for them to be compatible. For instance, if you have an Intel Core i7 processor, you’ll need a motherboard with an LGA1200 or a compatible socket. Similarly, if you’re using an AMD Ryzen CPU, you’ll need an AM4 socket motherboard.

    Keep in mind that different CPU generations might require different chipsets, and not all motherboards support every generation. Be sure to verify the motherboard’s compatibility with your specific CPU model and generation.

    4. Check RAM Slots and Capacity

    The number of RAM slots on a motherboard will dictate your system’s memory capacity. For most users, a motherboard with four RAM slots is a sweet spot. It allows for sufficient RAM capacity and the flexibility to upgrade in the future.

    Consider your RAM requirements. If you plan on running memory-intensive applications or tasks like video editing or 3D rendering, you might benefit from a motherboard that supports more RAM. Also, verify the motherboard’s compatibility with the RAM modules you plan to use, as some motherboards have restrictions on memory speed and capacity.

    5. Expansion Slots and GPU Support

    If you intend to use multiple GPUs for gaming or other demanding tasks, you’ll need a motherboard with enough PCIe slots and proper GPU support. Some motherboards support NVIDIA SLI or AMD CrossFire for multi-GPU setups, but not all of them do. Additionally, check the spacing between the PCIe slots to ensure that your graphics cards will fit comfortably, especially if you’re using bulky GPUs.

    6. Storage Options

    Consider the number and types of storage devices you plan to use in your build. Most motherboards support multiple SATA drives for traditional hard drives and SSDs. However, if you want to take advantage of faster NVMe SSDs, ensure the motherboard has M.2 slots.

    It’s also important to check if the motherboard supports RAID configurations if you intend to set up multiple drives for performance or redundancy.

    7. Rear I/O and Expansion Ports

    Evaluate the rear I/O options and expansion ports. This is where you’ll connect peripherals and external devices. Look for the USB ports, audio jacks, Ethernet, and any other connectors you might need. Some motherboards also offer features like built-in Wi-Fi and Bluetooth, which can be convenient for wireless connectivity.

    8. Audio Quality

    If you’re an audiophile or plan to use your PC for content creation, consider the onboard audio capabilities of the motherboard. Some motherboards come with high-quality audio components and features like support for 7.1 or 5.1 surround sound.

    9. Networking

    Motherboards typically have built-in Ethernet ports, but some high-end models come with advanced networking features like 2.5G or 10G Ethernet. If you rely on a wired connection for fast and stable internet access, these features might be worth considering.

    Additionally, as mentioned earlier, some motherboards offer built-in Wi-Fi and Bluetooth, which can be convenient if you prefer a wireless connection.

    10. BIOS/UEFI and Overclocking Support

    The BIOS/UEFI interface is essential for configuring your system and adjusting settings. Some motherboards have more user-friendly BIOS interfaces than others, so this is something to consider, especially if you’re new to PC building.

    If you’re interested in overclocking your CPU or RAM for better performance, ensure that the motherboard supports these features. Overclocking capabilities can vary between motherboards and chipsets.

    11. Manufacturer Reputation

    When choosing a motherboard, it’s a good idea to consider the manufacturer’s reputation. Established brands like ASUS, MSI, Gigabyte, and ASRock are known for producing reliable motherboards with good customer support. Reading reviews and getting recommendations from fellow builders can provide insights into the reputation of specific models.

    12. Future-Proofing

    Think about your future needs when choosing a motherboard. While it’s impossible to future-proof entirely, selecting a motherboard that supports potential upgrades can extend the lifespan of your PC build. Consider whether the motherboard has extra RAM slots, additional M.2 slots, or support for future CPU generations. This foresight can save you money and hassle down the road.

    13. Aesthetics and RGB Lighting

    While not a technical factor, the aesthetic design of the motherboard can be important to some builders. Some motherboards come with RGB lighting and customization options that allow you to match the build’s color scheme or style. If aesthetics matter to you, look for a motherboard that fits your visual preferences.

    14. Warranty and Customer Support

    Finally, check the warranty and customer support offered by the motherboard manufacturer. A longer warranty period can provide peace of mind, and good customer support can be valuable if you encounter any issues with your motherboard down the line.

    Conclusion

    Choosing the right motherboard for your PC build is a critical decision that can greatly impact your computer’s performance, expandability, and compatibility. By considering factors like form factor, CPU compatibility, RAM slots, expansion slots, storage options, I/O ports, audio quality, and more, you can ensure that your motherboard aligns with your specific needs and goals.

    Remember to stay within your budget, conduct thorough research, and read reviews to make an informed decision. Your motherboard is the foundation of your PC build, so taking the time to select the right one will result in a more satisfying and successful build.

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  • EUR/USD Forecast – Euro Turned Bearish Below 1.1725 Vs US Dollar

    EUR/USD Forecast – Euro Turned Bearish Below 1.1725 Vs US Dollar

    • – The Euro started a downside move and broke a major support at 1.1725 against the US Dollar.
    • – There is a key bearish trend line in place with resistance at 1.1710 on the hourly chart of EUR/USD.
    • – Recently in the US, the Durable Goods Orders report for August 2018 was released by the US Census Bureau.
    • – The outcome was above the market forecast of 2.0% as there was a rise in orders by 4.5%.

    US Durable Goods Orders

    Recently in the US, the Durable Goods Orders report for August 2018 was released by the US Census Bureau. The market was looking for an increase of 2.0% in orders in August 2018.

     

    The actual result was above the market forecast of 2.0% as there was a rise in orders by 4.5%. Looking at the Durable Goods Orders ex transportation, there was a rise of 0.1% in orders, less than the forecast of +0.5%.

     

    The EUR/USD pair traded towards the 1.1640 support area and it is currently correcting higher towards the 1.1660 resistance area.

     

    EUR/USD Technical Analysis

    The Euro failed to move above the 1.1800 resistance area against the US Dollar. The EUR/USD pair started a downside move, broke the 1.1780 and 1.1750 support levels, and settled below the 100 hourly simple moving average.

     

    EUR/USD Technical Analysis Euro US Dollar Chart

     

    The pair even broke the 1.1725 and 1.1700 support levels and traded towards 1.1640. A low was formed at 1.1632 and the pair is currently correcting higher. An initial resistance is near the 23.6% Fib retracement level of the last decline from the 1.1756 high to 1.1632 low.

     

    Above 1.1660, there are many hurdles near the 1.1700 level. There is also a key bearish trend line in place with resistance at 1.1710 on the hourly chart of EUR/USD. An intermediate resistance is 1.1694 and the 50% Fib retracement level of the last decline from the 1.1756 high to 1.1632 low.

     

    Therefore, if the pair corrects higher from the current levels, it is likely to face a strong selling interest near the 1.1700 handle. On the downside, a break below the recent low could push EUR/USD towards the 1.1600 level in the near term.

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  • EUR/USD Forecast – Euro Remains Supported On Dips Vs US Dollar

    EUR/USD Forecast – Euro Remains Supported On Dips Vs US Dollar

    • – The Euro jumped higher recently and broke the 1.1640 and 1.1650 resistances against the US Dollar.
    • – There is a major bullish trend line in place with support at 1.1650 on the hourly chart of EUR/USD.
    • – Recently in the US, the Initial Jobless Claims report for the week ending Sep 8, 2018 was released by the US Department of Labor.
    • – The outcome was above the market forecast of 210K as there was a decline in claims to 204K.

    US Initial Jobless Claims

    Recently in the US, the Initial Jobless Claims report for the week ending Sep 8, 2018 was released by the US Department of Labor. The market was looking for a minor rise from the last reading of 203K to 210K.

     

    The actual result was above the market forecast of 210K as there was a decline in claims to 204K. However, the last reading was revised up from 203K to 205K. The report added that:

     

    The advance number for seasonally adjusted insured unemployment during the week ending September 1 was 1,696,000, a decrease of 15,000 from the previous week’s revised level.

     

    The EUR/USD pair remained in a nice uptrend and it recently cleared a couple of hurdles near 1.1650 to move into a bullish zone.

     

    EUR/USD Technical Analysis

    The Euro formed a solid support near the 1.1560 level and started a nice upward move against the US Dollar. The EUR/USD pair climbed higher, broke the 1.1620 and 1.1650 resistances, and also settled above the 100 hourly simple moving average.

     

    EUR/USD Technical Analysis Euro US Dollar

     

    The upside move was strong as the pair even broke the 1.1680 resistance and traded as high as 1.1700. At the moment, the pair is consolidating gains above the 1.1680 level. An initial support is near the 23.6% Fib retracement level of the last wave from the 1.1606 low to 1.1700 high.

     

    Below the 1.1675-80 support area, the next major support is near the 1.1650 zone, which was a resistance earlier. The 50% Fib retracement level of the last wave from the 1.1606 low to 1.1700 high is also around 1.1654.

     

    Therefore, any dips from the current levels towards the 1.1650 level are likely to find a strong buying interest. On the upside, a break above 1.1700 could push EUR/USD towards 1.1740.

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  • EUR/USD Forecast – Euro Is Near Make or Break Levels Vs US Dollar

    EUR/USD Forecast – Euro Is Near Make or Break Levels Vs US Dollar

    • – The Euro recovered recently and moved above the 1.1600 resistance against the US Dollar.
    • – There are two major bearish trend lines formed with resistance at 1.1650 on the hourly chart of EUR/USD.
    • – Recently in the US, the Services Purchasing Managers Index (PMI) for August 2018 was released by Markit Economics.
    • – The outcome was below the market forecast of 55.2 as there was a decline in the PMI from 55.2 to 54.8.

    US Services PMI

    Recently in the US, the Services Purchasing Managers Index (PMI) for August 2018 was released by Markit Economics. The market was looking for no change in the PMI from 55.2 in August 2018.

     

    The actual result was below the market forecast of 55.2 as there was a decline in the PMI from 55.2 to 54.8. Moreover, both output and new business expand at softer rates in August 2018. The report added that:

     

    The latest survey data signalled a weaker rise in business activity across the U.S. service sector. Output growth softened to a four-month low and dipped below the long-run series trend. The rate of new business growth softened to an eight-month low, despite remaining strong overall.

     

    The EUR/USD pair is currently placed nicely above the 1.1600 support, but it is facing a tough resistance near the 1.1650 zone.

     

    EUR/USD Technical Analysis

    The Euro found a decent support near the 1.1540 level and recovered against the US Dollar. The EUR/USD pair traded above the 1.1580 and 1.1600 resistance levels plus settled above the 100 hourly simple moving average.

     

    EUR/USD Technical Analysis Euro US Dollar

     

    However, the upside move was capped by the 1.1650-60 resistance area. Moreover, there are two major bearish trend lines formed with resistance at 1.1650 on the hourly chart of EUR/USD. The pair corrected lower and traded below the 1.1630 level.

     

    There was also a break below the 23.6% Fib retracement level of the last wave from the 1.1542 low to 1.1658 high. However, the pair is finding bids near the 1.1600 level and the 100 hourly SMA.

     

    Additionally, the 50% Fib retracement level of the last wave from the 1.1542 low to 1.1658 high is also at 1.1600. Therefore, the 1.1600 support could play a major role in the near term. Overall, it seems like the pair is preparing for the next move either above 1.1650 or below 1.1600. Above 1.1650, it could test 1.1700 or below 1.1600, it may test 1.1550.

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  • EUR/USD Forecast – Euro Could Correct lower Toward 1.1600 Vs US Dollar

    EUR/USD Forecast – Euro Could Correct lower Toward 1.1600 Vs US Dollar

    • – The Euro traded above the 1.1730 level before correcting lower against the US Dollar.
    • – There was a break below an important bullish trend line with support at 1.1688 on the hourly chart of EUR/USD.
    • – Recently in the US, the Initial Jobless Claims figure for the week ending August 25, 2018 was released by the US Department of Labor.
    • – The outcome was better than the forecast of 214K as the initial jobless claims came in at 213K.

    US Initial Jobless Claims

    Recently in the US, the Initial Jobless Claims figure for the week ending August 25, 2018 was released by the US Department of Labor. The market was looking for a rise in claims from the last reading of 210K to 214K.

     

    The actual result was better than the forecast of 214K as the initial jobless claims increased from the last reading of 210K to 213K, 1K less than the forecast. The report added that:

     

    The advance number for seasonally adjusted insured unemployment during the week ending August 18 was 1,708,000, a decrease of 20,000 from the previous week’s revised level. The previous week’s level was revised up 1,000 from 1,727,000 to 1,728,000.

     

    The EUR/USD pair started a downside correction below the 1.1700 level and it seems like the pair could extend the current correction towards the 1.1620 and 1.1600 levels.

     

    EUR/USD Technical Analysis

    The Euro traded higher this week and moved above the 1.1680 resistance area against the US Dollar. The EUR/USD pair even traded above the 1.1700 level and traded as high as 1.1733 before facing sellers.

     

    EUR/USD Technical Analysis Euro Dollar

     

    The pair started a downside correction and declined below the 1.1700 level. There was also a break below the 1.1680 level and the 100 hourly simple moving average. Moreover, the pair declined below the 50% Fib retracement level of the last wave from the 1.1594 low to 1.1733 high.

     

    Additionally, there was a break below an important bullish trend line with support at 1.1688 on the hourly chart of EUR/USD. The pair tested the 1.1650 support and the 61.8% Fib retracement level of the last wave from the 1.1594 low to 1.1733 high.

     

    It is currently consolidating losses and is facing sellers near the 1.1680 level and the 100 hourly SMA. It seems like the pair may continue to decline towards the 1.1600-1.1620 area as long as it is below the 1.1680 resistance.

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  • EUR/USD Forecast – Euro Is Likely To Recover Above 1.1420 Vs US Dollar

    EUR/USD Forecast – Euro Is Likely To Recover Above 1.1420 Vs US Dollar

    • – The Euro recovered slightly after trading towards the 1.1300 level against the US Dollar.
    • – There is a short-term breakout pattern forming with resistance near 1.1405 on the hourly chart of EUR/USD.
    • – Recently in the US, the Housing Starts figure for July 2018 was released by the US Census Bureau, at the Department of Commerce.
    • – The outcome was below the forecast of 1.260M as the Housing Starts came in at 1.168M (MoM).

    US Housing Starts

    Recently in the US, the Housing Starts figure for July 2018 was released by the US Census Bureau, at the Department of Commerce. The market was looking for a change from the last reading of 1.173M to 1.260M compared with the previous month.

     

    The actual result was below the forecast of 1.260M as the Housing Starts came in at 1.168M. Moreover, the last reading was revised to 1.158M. Looking the Building Permits, there was a rise from the last revised reading of 1.292M to 1.311M.

     

    The EUR/USD pair started a decent recovery recently and it managed to move above the 1.1340 and 1.1350 resistance levels.

     

    EUR/USD Technical Analysis

    The Euro declined heavily during the past few days and traded below the 1.1450 support area against the US Dollar. The EUR/USD pair even traded below the 1.1380 and 1.1350 support levels to challenge the 1.1300 support.

     

    EUR/USD Technical Analysis Euro US Dollar

     

    The pair traded as low as 1.1300 and later started an upside correction. It gained traction and moved above the 1.1350 resistance and the 100 hourly simple moving average. However, it found resistance near 1.1400 and later dropped below the 38.2% Fib retracement level of the last wave from the 1.1300 low to 1.1408 high.

     

    However, downsides were protected by the 1.1350 support and the 50% Fib retracement level of the last wave from the 1.1300 low to 1.1408 high. At the moment, it seems like there is a short-term breakout pattern forming with resistance near 1.1405 on the hourly chart of EUR/USD.

     

    The pair is likely to gain momentum above 1.1400 for more gains in the near term. On the flip side, a downside break below 1.1350 could push the pair back in a bearish zone.

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  • EUR/USD Forecast – Euro Remains At Risk of More Declines Vs US Dollar

    EUR/USD Forecast – Euro Remains At Risk of More Declines Vs US Dollar

    • – The Euro failed to move past the 1.1615-20 resistance and declined against the US Dollar.
    • – There was a break below a major bullish trend line with support at 1.1602 on the hourly chart of EUR/USD.
    • – Recently in the US, the Producer Price Index for July 2018 was released by the Bureau of Labor statistics, Department of Labor.
    • – The outcome was below the forecast of +0.2% as there was no change in the PPI in July 2018 (MoM).

    US Producer Price Index

    Recently in the US, the Producer Price Index for July 2018 was released by the Bureau of Labor statistics, Department of Labor. The market was looking for a rise of 0.2% in the PPI in July 2018 compared with the previous month.

     

    The actual result was below the forecast of +0.2 as there was no change in the PPI in July 2018. Looking at the yearly change, there was a rise of 3.3% in the PPI, which was less than the forecast of +3.4% and also below the last +3.4%.

     

    The EUR/USD pair started a minor upside move after trading as low as 1.1515, but it is likely to face many hurdles on the upside.

     

    EUR/USD Technical Analysis

    The Euro faced a lot of sellers near the 1.1615-20 resistance against the US Dollar. The EUR/USD pair started declining and broke many support levels such as 1.1600, 1.1580 and 1.1540 to settle below the 100 hourly simple moving average.

     

    EUR/USD Technical Analysis Euro US Dollar

     

    During the decline, there was a break below a major bullish trend line with support at 1.1602 on the hourly chart of EUR/USD. The pair traded as low as 1.1515 and it is currently correcting higher towards the 23.6% Fib retracement level of the last drop from the 1.1618 high to 1.1515 low.

     

    On the upside, there are many resistances near the 1.1555 level. There is also a bearish trend line in place near 1.1552, which coincides with the 50% Fib retracement level of the last drop from the 1.1618 high to 1.1515 low.

     

    Therefore, if the pair corrects higher, it is likely to face sellers near the 1.1540 and 1.1550 levels. On the downside, the 1.1520 and 1.1515 are supports, below which, the price could test the 1.1500 level.

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  • EUR/USD Forecast – Euro Tumbles Below Key Support Vs US Dollar

    EUR/USD Forecast – Euro Tumbles Below Key Support Vs US Dollar

    • – The Euro fell sharply and broke a key support near the 1.1630 level against the US Dollar.
    • – There is a crucial bearish trend line formed with resistance at 1.1615 on the hourly chart of EUR/USD.
    • – Recently in the US, the Factory orders report for June 2018 was released by the US Census Bureau.
    • – The outcome was in line with the forecast as there was a rise of 0.7% in orders in June 2018 (MoM).

    US Factory Orders

    Recently in the US, the Factory orders report for June 2018 was released by the US Census Bureau. The market was looking for a rise of 0.7% in the factory orders in June 2018 compared with the previous month.

     

    The actual result was in line with the forecast as there was a rise of 0.7% in orders in June 2018. However, the 0.7% rise was a lot more than the last increase of 0.4%.

     

    The EUR/USD pair is under pressure below 1.1630 and 1.1615, and today’s US NFP report could trigger more losses in the near term.

     

    EUR/USD Technical Analysis

    The Euro failed to hold gains above the 1.1720 level against the US Dollar. The EUR/USD pair started a major downside move, broke the 1.1700, 1.1650 and 1.1630 support levels, and settled below the 100 hourly simple moving average.

     

    EUR/USD Technical Analysis Euro US Dollar

     

    The decline was such that the pair even broke the 1.1600 support and traded as low as 1.1581. It is currently consolidating with an initial resistance near the 23.6% Fib retracement level of the last decline from the 1.1667 high to 1.1581 low.

     

    There is also a crucial bearish trend line formed with resistance at 1.1615 on the hourly chart of EUR/USD. The trend line coincides with the 38.2% Fib retracement level of the last decline from the 1.1667 high to 1.1581 low.

     

    A break and close above the 1.1615 is needed for a larger upward correction toward 1.1630 and 1.1640 in the near term. On the other hand, 1.1580 is an initial support. Below this, the pair is likely to accelerate declines towards the 1.1550 level.

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