Technical Analysis: EUR/USD wobbles around 1.0500 EUR/USD retraces below 1.0500 on Wednesday as the US Dollar gains amid a strong recovery in US bond yields. Republicans-controlled House of Representatives passed a $4.5 trillion tax cut plan on...
Riding the Waves: USD/ CAD Prices The USD/CAD pair has been showing a strong uptrend, extending its uptrend into the fourth consecutive trading day and reaching around 1.4330 on Wednesday. The continued appreciation of the US dollar against the...
The Dollar Index (ICE) is currently positioned for a potential rally, provided it maintains support above the critical pivot level of 106.2000. This key threshold will determine whether the ongoing bullish momentum can persist or if the index is at...
Market Fundamentals: The Euro (EUR) is gaining momentum as political developments across the globe fuel market sentiment. Italian Prime Minister Giorgia Meloni's visit to President-elect Donald Trump at Mar-a-Lago has sparked geopolitical...
The GBP/USD currency pair is currently showing signs of potential downward movement, with technical indicators pointing toward a possible decline in price. The pivot level, which acts as a crucial point for assessing market direction, is set at...