February 2, 2025 The EUR/USD currency pair is trading around 1.0366. Recent monetary policy decisions have significantly influenced the pair's dynamics. The European Central Bank (ECB) recently reduced interest rates by 0.25%, adopting a...
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...
The British Pound (GBP) remains under pressure against its major counterparts on Friday, despite reduced expectations for aggressive rate cuts by the Bank of England (BoE). The decline follows the UK Labour government's Autumn Forecast Statement,...
Currency pair AUDUSD - D1 period chart. January has passed and the downward wave structure on this chart can be said to have already broken after the last growth wave updated the maximum of the previous wave. The MACD indicator is still in the lower...
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...