Silent Points about EURUSD: Yesterday’s release of the German Flash Services and Manufacturing Index on the negative side caused significant losses for EUR/USD buyers. The data pointed to weaker-than-expected performance in Germany's service and...
The Australian dollar continued its downward slide in early trading on Tuesday, weighed down by a combination of domestic economic weakness and broader concerns about China's economic outlook. Australia's heavy reliance on China as its largest...
EUR/USD Technical Analysis and Outlook The EUR/USD market is currently trading near 1.0500 and testing the key support on the hourly chart. The EUR/USD market price is interacting with the 100 simple moving average near the support level of 1.0495....
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...
The Cable is currently in a delicate balance, with short-term bullish momentum facing significant resistance levels and broader economic uncertainty. The pair's future direction will largely depend on a variety of factors, including U.S. tariff...