EUR/USD Faces Significant Downward Pressure The EUR/USD currency pair recently experienced a major downtrend, particularly last Friday when it hit a low of 1.0333, breaking through its 2023 lows and reaching levels last seen in 2022. This...
Forex and Cryptocurrency Forecast for November 25 – 29, 2024 As we step into the last week of November, global financial markets are grappling with a mix of challenges and opportunities. Geopolitical developments, including the escalation of the...
Gold rose for a fifth straight day, hitting a near two-week high just below the psychologically important $2,700 level. Ongoing geopolitical risks continue to support the precious metal as a safe-haven asset, extending its weekly uptrend. In...
GBP/USD Today The GBP/USD pair is trading within a tight range as markets digest the latest economic data. Right now, the key support level seems to be around 1.2250, while resistance is at 1.2350. Technically, the RSI looks neutral, so there’s no...
The pair saw a notable surge, reaching a high near 156.90 during European trading hours on Wednesday. This increase in the US Dollar (USD) strength is largely attributed to the growing market anticipation of a victory for Republican candidate Donald...
