The Eurozone’s HCOB PMI report, compiled by SP Global, is expected to show a continued contraction in overall business activity, albeit at a slower pace. The HCOB Composite PMI is anticipated to rise slightly to 49.7, compared to the previous...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good Morning, I hope all is well. Let me share with you my thoughts on EUR/USD. Currently, the market price of EUR/USD is floating around the 1.1010 area. This area is near the resistance zone....
I don’t consider buying at the current levels either, even though I recognize that the support at 1.0910 has proven to be quite strong. I observed how news about potential retaliatory measures from the EU regarding trade duties triggered a return of...
The EUR/USD currency pair is showing early signs of bullish momentum, currently supported by technical indicators and optimistic investor sentiment surrounding the euro. The price is holding steadily above the key pivot level of 1.0920, which marks...
The AUD/USD currency pair is currently trading around the 0.59486 level on the 1-hour timeframe, showing signs of bearish pressure. The price is trading below the 9-period moving average, which stands at 0.59680, indicating a continuation of the...
