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 U.S. crude oil market (#CL) is at a crucial juncture, with technical indicators and fundamental factors pointing toward mixed prospects. On the daily chart, the asset continues to exhibit a descending price action pattern, validated by the...
The Cable has been showing signs of stability after bouncing off a two-month low. During the Asian session on Monday, the pair attracted follow-through buying, rising from the 1.2620 region to trade around 1.2653, reflecting a modest 0.11% gain for...
The pair is currently in a bearish phase, driven by a combination of both fundamental and technical factors that suggest further downside potential. On the fundamental side, the US Dollar continues to strengthen, bolstered by robust economic data...
The performance of the Australian Dollar (AUD) against the US Dollar (USD) is shaped by a variety of global economic and geopolitical factors. Recent developments in both the US economy and the Middle East are playing crucial roles in influencing...