EUR/USD maintains a favorable position near 1.1450 during the Asian session on Monday. The pair maintains a bearish sentiment beneath the significant 100-day EMA, indicating that the most likely direction is downward, supported by an oversold RSI momentum. The primary resistance level to monitor is 1.1510, while the first support level appears at 1.1415. The … Read more
The GBP/USD pair shows strength, approaching 1.3255 during the early Asian session on Monday. The Federal Reserve is expected to maintain the current interest rates during its upcoming meeting in March on Wednesday. The Bank of England is anticipated to keep the rates steady on Thursday. The GBP/USD pair is showing strength around 1.3255 in … Read more
The EUR/USD exchange rate maintained its significant downward trajectory this week. The asset experienced a decline over three consecutive days, hitting a low of 1.1545, a decrease from the year-to-date peak of 1.2080. The EUR/USD pair has experienced downward pressure recently, declining from a peak of 1.2080 to its current level of 1.1545. This retreat … Read more
EUR/USD is positioned around 1.1620 on Friday, as the US dollar is set to appreciate by roughly 1% by the week’s conclusion. The dollar is experiencing gains due to increased safe-haven demand, driven by the intensifying conflict in the Middle East and the upward trend in crude oil prices. The collaborative military operation between the … Read more
The USD/CHF pair maintains its robust position on Thursday, with overall inflows favoring the US dollar against the Swiss franc. The USD/CHF continues to demonstrate strength, suggesting a possible shift in momentum. If USD/CHF ultimately reverses for the long term, it will be interesting to observe how the pair develops, as the Swiss franc is … Read more
USD/CHF moves upward, approaching 0.7695 during the early hours of Monday’s Asian session. Rising tensions in the Middle East may lead to increased safe-haven flows. The US PPI increased by 0.5% month-over-month in January, surpassing expectations. The USD/CHF pair maintains a favorable position near 0.7695 in the early Asian session on Monday. Market participants are … Read more
EUR/USD declines to approximately 1.1775 during the early hours of Wednesday’s Asian session. Federal Reserve policymakers indicated a lack of immediate inclination to alter the current framework of interest rate policy. The European Union has suspended the trade agreement with the United States due to uncertainties surrounding tariffs. The EUR/USD pair experiences a decline to … Read more
The Euro experienced an increase of over 0.39% on Monday as the Greenback showed signs of weakness, influenced by a sell-off driven by US geopolitical concerns and speculation regarding a potential coordinated intervention in the foreign exchange markets by the US and Japan. The EUR/USD is currently positioned at 1.1872, following a rebound from daily … Read more
EUR/USD rises for the second consecutive day this week, increasing by more than 0.50% as the Dollar weakens, even in light of robust US economic data released today. The shared currency is supported by an enhancement in risk appetite, attributed to US President Donald Trump easing tariff threats on Europe. Currently, the pair is trading … Read more
EUR/USD shows an upward movement during the North American session on Thursday, increasing by 0.41% following the Federal Reserve’s decision to lower interest rates, coupled with the release of disappointing job data in the United States. Currently, the pair is trading at 1.1742, having recovered from daily lows of 1.1682. The Euro gains traction amid … Read more