The British pound opened the European morning trading near the 1.2770 level against the US dollar. While expectations of a Federal Reserve interest rate cut in September initially buoyed the pound, subsequent developments have introduced...
Good Morning, Traders! EUR/USD Consolidation Overview The Euro/Dollar pair has been consolidating within a range for the past four weeks. Last Friday, it experienced a sharp decline from 1.0845 to 1.0950. This drop occurred following the...
GBP/USD/H4 Following the pair's bounce back to 1.2745, the bullish trend continued. Yesterday, during the UK session, the pair reached a level of 1.2765. Given current dynamics, I expect growth to continue today towards 1.2735 or 1.2770, but it may...
Euro (EUR) and US Dollar (USD) Market Analysis Current Trading Environment The Euro (EUR) is currently trading in a sideways pattern against the US Dollar (USD), maintaining a position near the essential support level of 1.0900. Market participants...
EUR/USD Market Overview: Resilience in Uncertain Times The EUR/USD currency pair has shown impressive strength, maintaining its ground despite rising risk aversion among investors. As global financial markets face increased anxiety—largely driven by...