The spot price has been caught in a persistent downtrend against the Dollar, with the pair consistently forming lower highs and lower lows. Wednesday’s sharp decline reinforced this bearish sentiment, highlighting the path of least resistance...
The pair faces mixed pressures as traders navigate a volatile environment shaped by geopolitical tensions and shifting market expectations. While oil supply disruptions, fueled by ongoing tensions in the Middle East, are raising concerns, the...
EUR/USD Technical Analysis 1-Hour Timeframe On the 1-hour chart, the EUR/USD market is showing a clear downtrend. The price is moving down continuously and maintaining a sell structure without any significant reversal. Here is a detailed breakdown...
The US dollar rose sharply against the Japanese yen following the conclusion of monetary policy decisions by the Federal Reserve and the Bank of Japan. As the pair is now trading firmly above the 156.50 level, it has broken a significant resistance...
EUR/USDowell arranges sell-off. EUR plunges to 2-year low. Parity on horizon? The EUR/USD pair plunged to 1.0351 with a single-session fall of 1.32%. The instrument recorded its lowest close in two years. This slump was triggered by unexpectedly...
