EURUSD EURUSD outlook: The EURUSD pair is currently navigating a volatile period with the Euro facing significant headwinds against the US Dollar. The divergence in monetary policies between the European Central Bank ECB and the US Federal Reserve...
Yesterday, the EUR/USD pair still had a chance to reach the resistance of 1.0608 by the end of the week, if the pair had not tried to break through the support of 1.0340, which, as expected, they could not break through with consolidation and still...
U.S. Dollar Strength Pressures the Aussie Dollar The U.S. dollar is currently in a strong position, bolstered by positive economic data. Strong job growth and persistent inflation suggest that policymakers are unlikely to cut interest rates soon....
The EUR/USD H4 chart presents a complex price action with clear technical signals indicating potential trading opportunities. The price has been trending downward overall, with lower highs and lower lows forming a bearish structure. The 50-period...
General Points about USDCAD: Right now, the market is trading around the 1.4326 level, showing signs of stability after today's U.S. Core CPI data release. A key economic indicator has provided some support to the U.S. dollar, helping it maintain a...
