The renewed strong demand for the US Dollar, combined with political concerns in France, weighed on the European currency, pushing EUR/USD below the 1.0500 support level once again on Monday For now, the downside risks for EUR/USD remain in focus....
Yes, on Friday, Euro buyers failed to reach the level of 1.06091, but it was necessary to break it at any cost in order to form a breakdown of the descending structure with the possibility of further developing the upward movement. As a result,...
The performance of the Australian Dollar (AUD) against the US Dollar (USD) is shaped by a variety of global economic and geopolitical factors. Recent developments in both the US economy and the Middle East are playing crucial roles in influencing...
USD/JPY ticks higher, though any meaningful upside seems limited in the wake of rising bets for another BoJ interest rate hike later this month. Furthermore, concerns about Trump's tariff plans, the protracted Russia-Ukraine war and the recent...
EUR/USD Price Forecast Our conversation is focused on the analysis of EUR/USD's current price behavior. The EUR/USD daily chart reflects a market at a critical juncture, balancing between bearish momentum and potential consolidation. The price is...