Euro tests 1.05 as sticky inflation fuels uncertainty The euro fell slightly during early trading on Wednesday, testing the critical 1.05 level following the release of US CPI data. The consumer price index showed a month-on-month increase of 0.3%,...
The currency pair is retracing its recent gains, trading around 0.8850 during the European session on Wednesday. After a strong performance in previous sessions, the US Dollar (USD) faces downward pressure due to subdued Treasury yields, following a...
Technical Analysis EUR/USD H-4 Chart Hello everyone, technical analysis of the EUR/USD currency pair on the H4 chart. General trend: The pair is trading below the MA50 and MA200 moving averages, which show a downtrend. These MA levels are...
The currency pair has managed to halt its two-day losing streak, but it remains under pressure, trading near the crucial 0.5755 support level during the early European session on Wednesday. A deeper analysis of the four-hour chart reveals that the...
BTC/USD Technical Analysis and Expectations The BTC/USD market is trending up. Earlier today, it successfully broke the resistance zone at 98700 and the uptrend line. Following this breakout, the BTC/USD price started to move higher, indicating...