GBP/USD backslid below the 1.2700 handle on Monday, kicking off the new trading week by snapping a three-day winning streak and keeping Cable on the low side of the 200-day Exponential Moving Average Despite the decline seen at the beginning of the...
The USD/JPY currency pair is currently navigating a period of increased volatility, influenced by both domestic factors in Japan and broader global economic developments. Recently, the pair has softened, yet the key 149.00 support level remains...
AUD/USD experienced a sharp sell-off, breaking below the 0.6500 support level to hit multi-day lows and approach the November bottom near the 0.6430 zone, driven by renewed strength in the Greenback Looking ahead, the AUD/USD could catch a tailwind...
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....
The Fiber found fresh buying interest after dipping to a multi-week low of 1.0460 in early Monday trading. Despite this uptick, the pair’s movement remains under pressure as recent economic data signals a challenging environment for the Eurozone....
