GBPUSD Last week there were seven signals for the pound dollar. Two of them worked. And basically all the signals were false, they were false mainly due to the fact that from Tuesday to Wednesday the price was trading in a range. When it is trading...
The 25 basis point cut by the ECB has probably been fully factored in. The current high expectation of a further ECB rate cut in December faces an increased risk of overvaluation. Watch for key medium-term support at 1.0780/0750 on EUR/USD. Over the...
•••EUR/JPY: Navigating the Sideways Market••• The EUR/JPY currency pair has been stuck in a sideways market for quite some time, with neither bulls nor bears able to gain a definitive upper hand. Despite several attempts to push through key...
•••EUR/USD Analysis: Navigating the Currents of Currency••• As the forex market rides the waves of economic shifts, the EUR/USD pair stands out, battling against a tide of challenges. This week, the euro is feeling the squeeze from a robust U.S....
The price traded weaker around 1.0810 during Thursday’s Asian session, reflecting pressure from a broadly softer US Dollar. Traders are closely watching upcoming events, including speeches from several US Federal Reserve (Fed) officials, such as Fed...