EUR/USD Technical Analysis and Forecast The EUR/USD price shows bearish momentum, declining during today’s. The EUR/USD price is trading near 1.09743, which suggests that the recent bearish move will continue. The market failed to break the key...
The weakness in GBPAUD is primarily due to broad-based GBP weakness in recent days. UK economic data, including slowing GDP growth and softening wage figures, has reduced expectations of further BoE tightening. Meanwhile, the Australian dollar has...
I believe the USD/CAD pair’s recent drop to 1.4000 reflects a significant shift in market sentiment after a prolonged consolidation near 1.4300. I see this downward movement as a reaction to the broader weakness in the U.S. dollar, which has been...
Currently, the EUR/JPY currency pair appears to be forming a bullish pattern on the chart, which could potentially drive the price upward. This bullish formation suggests a possible trend reversal or continuation, depending on how the price action...
USD/CHF As of today, I'm closely monitoring USD/CHF, and the pair is moving with a clear bearish bias driven by both fundamental and technical dynamics. Fundamental Analysis: The Swiss franc continues to benefit from safe-haven demand, especially...