The current trading environment is challenging for the Euro, primarily due to the ongoing strength of the U.S. dollar. This situation places significant pressure on the EUR/USD pair, with an increasing likelihood of a deeper downward trend. As a...
EUR/USD H4 MARKET ANALYSIS. In the current afternoon trading session, the market trend appears to be bearish when viewed on a 4-hour time frame. Market activity is likely to become more intense as the European and American trading sessions commence,...
THE CURRENCY PAIR AUD-USD The wave structure is built in an ascending order; the MACD indicator is in the upper purchase zone. However, purchases are not relevant now; a reversal and decline are expected in the near future. This is indicated by the...
Fundamental Analysis With the Euro (EUR) weakening on a bleak economic prognosis for the old continent and geopolitical uncertainties driving up demand for the safe-haven US Dollar (USD), EUR/USD traded in the 1.1030s on Thursday, down roughly a...
Hello friends how are you, GBP/USD extends its sell-off to 1.3100 during European trading hours on Thursday. The pair has been on the back of tough comments from BoE governor Andrew Bailey, who said the central bank could become 'more active' on...