EUR/USD Technical Analysis EUR/USD is currently in a downtrend on the H1 timeframe, with the price trading around 1.07909. The 150-period moving average (MA) is sloping downward, confirming bearish sentiment. The price remains below this MA,...
The EUR/GBP pair has witnessed a significant surge, fueled by speculative activity that swiftly countered the pair's descent to a two-and-a-half-year low of 0.8220 in December. This rapid reversal propelled the pair to 0.8380, marking its most...
Market Fundamentals: The US Dollar (USD) experienced a strong opening after President-elect Donald Trump threatened to impose 25% tariffs on Canada and Mexico, accusing them of providing China with a pathway to supply illicit drugs to the United...
Market Fundamentalsresident Donald Trump has reignited fears of a trade war by announcing plans to impose tariffs on critical industries that are vital to the US economy, including steel, computer chips, aluminum, copper, and other semiconductors....
Today, I observed significant changes in the USD/CAD pair that have sparked my interest for further analysis. Initially, I noticed that the price fell to the four-hour support level at 1.4300 and eventually broke through it. This movement caught my...