Dollar Index (USDX) On Monday, the US dollar (USD) was mostly stable due to market risk aversion brought on by the political unrest in France. Investors fled France due to worries about President Emmanuel Macron's ability to handle the prospect of a...
EUR/USD: At present, the EUR/USD currency pair is exhibiting intriguing dynamics. A potential breakdown of the 1.0704 level is anticipated, signaling an opportunity for traders to open long positions. This level is crucial as its breach and...
There are no macroeconomic events scheduled for Monday. Thus, low volatility and weak movements are expected for both currency pairs during the day. The European currency may adjust slightly upwards, but it should be remembered that the main trend...
EUR/USD daily H1 timeframe chart Greetings. In the H1 chart, a downward channel with a trajectory is evident, marked in blue in my drawing. The current decline hit EUR/USD daily H1 timeframe chart its lower boundary at 1.0709. Following this, the...
EUR/USD Pair: The EUR/USD currency pair has shown interesting behavior in recent days. Yesterday, the pair almost managed to close the existing gap but failed. Today, there is anticipation that it will make another attempt to close this gap. If...