Date: 6th March 2025. The Euro is on The Rise But Is the Currency Overbought? In addition, the German Bond fell and witnessed their worst day in almost 30 years. As a result the higher bond yields also continue to support the Euro. Currently, the...
USD/JPY Trading Analysis Update Thursday, March 06, 2025 The trading situation of the UsdJpy market pair in the last few weeks has indeed been running candlesticks with the control of the seller like the market situation last month. From the...
ECB Rate Cut and Dollar Index Reaction The European Central Bank (ECB) has cut interest rates as anticipated, which initially led to a surprising reaction in the market. Contrary to expectations, the dollar index experienced a temporary decline...
Good day to all. I observe that the growth of the EUR/USD pair has halted during today's trading session. I note that the pair is currently trading near the resistance level of 1.0785, which suggests a potential pause in its upward momentum. I...
USD/CAD Analysis: Consolidation Phase and Mixed Signals The USD/CAD currency pair is currently trading around the 1.3650 mark, where the market appears to be in a consolidation phase, striving to stabilize its position. However, when considering...
