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The currency pair is gaining traction near the 0.9040 mark, snapping a two-day streak of gains during the early European session on Monday. This movement reflects a response to the hawkish rate cut by the US Federal Reserve (Fed), which offers...
The GBP was slightly weaker in Monday's London session than its main rivals. A little rise in the Bank of England's (BoE) dovish wagers for 2025 contributes to the British currency's slight decline. A 53 basis point (bps) interest rate cut for the...
Technical analysis of EURUSD Today we will be doing a technical analysis of EUR/USD. EUR/USD is the main currency pair in the forex market. The market is currently sitting between our support and resistance levels. EUR/USD remains bearish and is...
Hello. The price for the Euro continues to move sideways, and buyers cannot find a point of support to start forming something more or less worthwhile upwards. The first target for price growth in this situation is the level of 1.04433, and if it...
