The spot price faces persistent challenges, struggling to gain traction amid a confluence of unfavorable factors. Key issues include uncertainty surrounding the Bank of Japan's policy direction, underwhelming economic data, and shifting global risk...
EUR/USD Technical Analysis Current Price: As of today, EUR/USD is trading around the 1.0650 level. Trend: I’m seeing a consolidation phase in the pair, with a slight bearish bias. The price has struggled to break above the 1.0700 resistance level,...
Recent data releases have emerged as pivotal factors shaping the current market dynamics, capturing the attention of traders and investors alike. Upcoming reports are expected to wield significant influence over the US Dollar’s trajectory and the...
The US dollar saw an initial decline against the Japanese yen, but rebounded and showed signs of renewed strength. This move suggests a potential move into positive territory as the market appears poised for a recovery. A key level to watch is the...
The euro fell slightly during trading on Thursday as market activity picked up after the holidays. However, signs of a possible turnaround have begun to emerge. The overall outlook for the US dollar is mixed, but the underlying theme remains the...
