EUR/USD traded with marked gains and managed to briefly test the area beyond the 1.0300 hurdle on Tuesday, on the back of the weaker Greenback and rising caution ahead of Wednesday’s publication of US CPI readings.EUR/USD remains under pressure,...
The USD/JPY (US Dollar / Japanese Yen) pair presents a unique set of dynamics in the forex market, driven by a blend of technical patterns, economic factors, and market sentiment. Analyzing this pair requires understanding not only the typical...
GBP/USD retains its weak tone, trading sub-1.2200. The Pound Sterling lost ground amid another run in UK Gilt yields, reflecting the bond market instability. The US Dollar remains unattractive after December PPI figures.From a technical perspective,...
The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. Australian consumer sentiment falls for the second month in a row Australian consumers remain...
GBP/USD Technical Analysis The GBP/USD currency pair is currently in a sell trend in the 4-hour time frame, with the market structure also supporting sellers. The price has formed a key support level near 1.2000, temporarily easing the downside...
