At the start of the week, GBP/USD remains under pressure, slipping below the 1.2900 level amid renewed risk aversion in global markets. The selling pressure stems from escalating concerns over potential trade wars, as reports suggest the Trump...
On Monday, EUR/USD traded within a narrow range around 1.0800, as the US Dollar (USD) remained buoyant amid risk aversion linked to escalating trade tensions. Market participants closely monitored the evolving tariff narrative, with former President...
I observe an ascending channel on the H4 timeframe, which recently experienced a downward breakout, with the price now firmly established below the former support level. This suggests a potential shift in market sentiment, as the prior bullish...
The EUR/USD pair edged lower to hover around the 1.0800 mark in Monday’s North American session following the release of the preliminary German Harmonized Index of Consumer Prices (HICP) data, which came in softer than expected. The HICP increased...
USDJPY Daily Forecast Fundamental factors will also play a role in determining the next big move in the USD/JPY currency pair. Geopolitical uncertainty and rising global trade tensions could encourage investors to be cautious, which could increase...
