The Euro continues to be choppy and indecisive in the early hours of Tuesday, hovering around the important 1.05 level. The back-and-forth movement reflects market hesitancy ahead of key developments, particularly the Federal Reserve's upcoming...
AUD-USD PAIR REVIEW On the H1 timeframe, the AUD/USD pair is in a consolidation phase with the current candle moving inside the Ichimoku cloud. This condition reflects market uncertainty, where buyers and sellers have not shown clear dominance. The...
General Point about GBPUSD: The GBP/USD market has been under significant pressure in recent sessions, largely due to seller dominance. Despite the relatively positive economic data from the UK, including the Flash Services PMI rate, Claimant Count...
The spot price has reversed its two-day rally, pulling back from a four-week high of 161.95 reached on Tuesday, and is now trading around 161.40 during European hours. This decline is partly attributed to the release of mixed economic data from...
Traders should approach the currency pair with caution, particularly given the current mix of economic and geopolitical risks influencing the market. The pair has recently shown a modest rebound after declining, but the overall sentiment remains...
