The renewed strong demand for the US Dollar, combined with political concerns in France, weighed on the European currency, pushing EUR/USD below the 1.0500 support level once again on Monday For now, the downside risks for EUR/USD remain in focus....
The price started the week on a softer note, losing another 0.25% against the US Dollar (USD), marking its ninth consecutive day of decline. This continued downtrend raises questions about whether traders will seize the opportunity to take profits...
The AUD/USD exchange rate is poised for significant movement, driven by key economic developments in both the United States and China. A primary factor influencing this pair will be the inflation data coming from the US. Should inflation remain...
The broader market dynamics will also play a crucial role in shaping gold’s trajectory. Recent bullish candlestick patterns suggest a potential uptrend, but mixed economic data and looming bearish chart signals call for caution. Traders should stay...
I observed a decline in the British pound, which was indicated by the one-hour chart. An ascending price channel had previously formed, expanding to the north. After another rebound from the upper boundary of this northern channel, the GBP/USD pair...
