The Euro (EUR) faces renewed selling pressure after the latest Eurozone ZEW Economic Sentiment survey came in significantly weaker than expected, dropping to 12.5 from the prior 20.1 forecast of 20.5. This decline reflects a growing divide between...
February 2, 2025 After climbing to around the 1.05300 level early on Monday of last week, the EUR/USD began to see buyer remorse hit the currency pair. The EUR/USD currency pair is trading around 1.0366. When the ECB lowered its interest rate as...
EURUSD Technical Analysis: The market has been in a consistent downtrend after getting rejected from the $1.05300 level. The price is currently hovering around the minor support level of 135, which could serve as a key turning point. If this support...
USD/JPY currently enjoys a strong bullish technical configuration, with the pivot at 154.59 acting as a vital support level that underpins the pair’s upward momentum. The RSI is firmly above 50, indicating that buying pressure remains robust and...
Forecast of EURUSD The price of the EURUSD increased generally on the daily time frame chart for the price adjustment, and last Friday this trading asset even crossed the 50 EMA line. On Monday of this week, however, the EURUSD completed the price...
