The British pound took a tumble recently, dropping decisively below the key level of 1.2700. This decline reflects a broader risk-off sentiment sweeping across the G7 currencies, with the exception of the ever-reliable US dollar, which is acting as...
Analysis and general direction of movement of the Euro/US Dollar currency pair. Period of analysis – time-frame 4 hours. We will monitor the current market situation for the instrument, for which we will study in detail the indicators of the...
Gold remained strong on Friday, testing resistance around the 50-day moving average (MA), which is currently at $2,345. Notably, the 20-day MA was in line with the 50-day, indicating a similar value. When the 20-day MA crosses the bottom of the...
The Eurozone is facing a perfect storm that has pushed the EUR/USD currency pair to a six-week low. Political upheaval in France is a major culprit. After a surprising surge in support for right-wing parties during the European Parliament elections,...
The Euro continues its downward spiral against the British Pound, reaching a new 22-month low of 0.8400 on Friday. This latest drop extends a three-month decline that began in April, when the pair traded above 0.8600. Political uncertainty in Europe...