The currency pair is gaining traction near the 0.9040 mark, snapping a two-day streak of gains during the early European session on Monday. This movement reflects a response to the hawkish rate cut by the US Federal Reserve (Fed), which offers...
The foreign exchange pair GBPUSD recently showed significant movement, rising after failing to break through the previous low. This failure often suggests a potential reversal towards an upward trend. However, the key question is whether this...
Hello. The price for the Euro continues to move sideways, and buyers cannot find a point of support to start forming something more or less worthwhile upwards. The first target for price growth in this situation is the level of 1.04433, and if it...
Technical analysis of EURUSD Today we will be doing a technical analysis of EUR/USD. EUR/USD is the main currency pair in the forex market. The market is currently sitting between our support and resistance levels. EUR/USD remains bearish and is...
USD/CAD experienced a decline on Monday, breaking a three-day rally, as the US dollar weakened in thin trading ahead of the New Year holiday. The market is currently digesting the Federal Reserve's hawkish stance, which could provide support to the...
