EUR/USD Analysis: Technical and Fundamental Outlook The EUR/USD currency pair shows signs of bearish momentum in the 1-hour time frame. According to technical analysis, the market price is below the 200-day simple moving average (SMA), suggesting...
European Central Bank (ECB) Vice President Luis de Guindos recently signaled a shift in economic risks, stating that concerns over high inflation have given way to fears of slowing economic growth. Meanwhile, trade tensions between the Eurozone and...
Jerome Powell's Speech Fails to Impress Currency Traders The euro and pound responded in a rather unusual way to yesterday's comments from Fed Chair Jerome Powell, who stated that the central bank sees no need to rush with interest rate adjustments....
Yesterday, the AUD/CAD pair traded within a range between the 0.90182 resistance level and the 0.89672 support. Given this range-bound movement, today's trading strategy also prioritized range-based trading. Since the price closed closer to...
The Dollar begins the week on a weaker footing, weighed down by a modest pullback in US Treasury bond yields. This provides some support to the pair, though gains remain limited by the Reserve Bank of Australia's (RBA) dovish stance and persistent...
