EURUSD EURUSD outlook: The EUR/USD pair is under pressure due to the US Dollar's strength and concerns regarding economic data from both regions. The European Central Bank (ECB) and the Federal Reserve continue to drive the direction of the pair....
The GBP/USD pair extended its decline for a third consecutive session on Monday, starting the new trading week with a notable drop below the 1.2400 level, representing a loss of roughly 0.3%. This downward movement reflects a combination of factors,...
The Australian dollar weakened against the US dollar on Tuesday, exacerbating the AUD/USD pair's downward trend. This decline was primarily triggered by US trade policy adjustments, specifically the decision to extend steel and aluminum tariffs to...
USD/CHF: Bulls in Control as Dollar Holds Strong(February 11,2025) U.S. Economy Keeping the Dollar in the Driver’s Seat The latest reports out of the U.S. paint a picture of resilience. Job growth remains strong, with last week’s payroll data...
Hello. Yes, gaps down on Mondays do not mean anything good for sellers. Although they cover them, such price gaps indicate the strength of sellers, who can still push through the defense and go further down the older downward trend. Yesterday, just...