The single European currency is trading close to the 1,07 level at the open of the new week which is little changed trying to limit the previous week’s losses. The dust from last week’s euro election development has not yet settled with the result...
Analyzing the daily chart of the GBP/USD currency pair, we can see that the pair is in an uptrend phase, and the bulls are already attempting to break through the upper boundary of the daily TMA indicator, which will eventually lead to a shift from...
Good morning, happy colleagues. Price movements in the previous session had a significant impact, although not perfectly as expected. However, this event provides a useful picture for directing today's trading strategy. The focus remains centered on...
There are no macroeconomic events scheduled for Monday. Thus, low volatility and weak movements are expected for both currency pairs during the day. The European currency may adjust slightly upwards, but it should be remembered that the main trend...
EUR/USD: At present, the EUR/USD currency pair is exhibiting intriguing dynamics. A potential breakdown of the 1.0704 level is anticipated, signaling an opportunity for traders to open long positions. This level is crucial as its breach and...