The EUR/USD currency pair experienced a significant decline on Thursday, with the Euro depreciating by approximately 0.9 percent against the US Dollar, falling below the 1.0400 level for the first time in roughly two weeks. This downturn was...
The Canadian Dollar (CAD) has managed to limit its losses thanks to rising oil prices, which provide some support due to Canada’s position as the largest oil exporter to the United States. West Texas Intermediate (WTI) crude has extended its rally...
Durable goods orders surged by 3.1% quarter-on-quarter in January, exceeding forecasts of 2.0% and recovering from a revised -1.8%. However, a significant portion of this growth was attributed to companies stockpiling goods in anticipation of...
EURUSD Technical Analysis March 3, 2025 Technically, I see that the EURUSD pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following EURUSD 1 Hour Time Frame chart image before...
USD/CHF Technical Analysis: Current Price Action: As of March 1, 2025, USD/CHF is trading around 0.9027. This puts the pair near the resistance level at 0.9053, which has capped previous bullish moves. I’ll be watching to see if the pair can break...