The EUR/USD currency pair, currently trading at 1.0739, is experiencing a bearish trend. This means the euro is weakening against the US dollar. Several factors can contribute to this downward movement, including economic data releases, central bank...
GBP/USD: Technical Outlook The GBP/USD currency pair exhibited a significant bearish correction following the market opening on Monday. After initially moving upwards to the 1.2689 level, the price faced a decline, marking the beginning of a...
The global energy market is experiencing a surge in oil prices, driven by a confluence of factors. Geopolitical tensions in the Middle East continue to cast a long shadow, raising concerns about potential supply disruptions. Additionally, the...
The Euro (EUR) started the week strong against the US Dollar (USD), reaching a multi-week high above 1.0770 on Monday. However, this momentum didn't last long. Investor sentiment shifted after disappointing economic data from both the US and the...
The EUR/USD currency pair, one of the most closely watched in the forex market, currently sits at 1.07340. Observing its recent behavior, the prevailing trend is bearish, indicating a downward movement. This bearish trend reflects a stronger U.S....