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...
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...
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...
Market Fundamentals: Escalating geopolitical tensions in the Middle East continues to drive investor concerns, fueling fears of potential supply disruptions and providing upward momentum for crude oil prices. Hopes remain high that China's recently...
Forecast of EURJPY On the daily time frame chart, the price of the EURJPY has been in a bullish trend and above the 26 and 50 EMA lines in the last few trading days. This week, on Monday, during the price decline, the EURJPY crossed these moving...
