EUR/USD Outlook Good morning, guys! The market of EUR/USD looks in favor of buyers, but the US dollar is not too weak, which suggests that price action might remain in a sideway condition in the short term. Despite the current hesitation, traders...
GBP/USD extended its bullish momentum on Tuesday, defying trade war concerns that continue to weigh on US market sentiment. The pair climbed past 1.2950, marking an 18-week high as traders focused on key US economic data releases.The UK’s economic...
I observe that the USD/CHF pair continues to trade within a sideways channel, reflecting a lack of clear directional momentum in the market. I note that today, buyers attempted to break through the resistance level at 0.8817, but their efforts were...
The GBP/USD pair demonstrated remarkable resilience on Tuesday, extending its recent bullish momentum despite prevailing headwinds in the broader US market. Sterling's ascent, exceeding 1% against the US dollar, propelled the pair beyond the 1.2950...
The EUR/USD pair experienced a notable resurgence on Tuesday, firmly establishing its upward trajectory by surpassing the 1.0900 threshold and continuing its robust bullish trend. After a brief period of consolidation on Monday, buyers re-entered...