EURUSD Daily Technical Analysis EUR/USD remains under bearish pressure, trading below the 70-period moving average (MA) on the daily timeframe. The price is currently at $1.03753, indicating weakness as it struggles to gain upside momentum. The RSI...
The Canadian Dollar (CAD) has managed to limit its losses thanks to rising oil prices, which provide some support due to Canada’s position as the largest oil exporter to the United States. West Texas Intermediate (WTI) crude has extended its rally...
EUR/USD Technical Analysis: As of March 3, 2025, EUR/USD is trading around 1.0387, having experienced a decline towards the end of the week. On the daily chart, the pair remains within a consolidation range, with the 200-day EMA acting as dynamic...
Today, I would like to draw attention to the daily period, where I observe that the bears are still firmly in control and continue to develop their downward direction. I believe there is still significant potential for further decline, as I...
Chinese President Xi Jinping recently expressed confidence in China's economic growth, stating, "China has full confidence in achieving this year's economic target." He emphasized China's role as the world's largest engine of economic growth and...