EUR/USD: The Most Traded Forex Pair The EUR/USD currency pair is the most traded in the forex market, providing unmatched liquidity and potential opportunities for traders of all experience levels. The exchange rate between the euro and the US...
February 9, 2025 The USD/JPY pair is likely to decline, with an estimated pivot point at 155.85. The price is approaching the 150.06 support level after breaking below its bullish trendline. The US dollar has rallied a bit against the Japanese yen...
Market Fundamentals: The price continues to weaken against the US Dollar (USD) for the second consecutive session, as market participants prepare for a potential 25 basis point rate cut by the US Federal Reserve (Fed) later in the North American...
Over the past couple of weeks, the EUR/USD pair has experienced significant market fluctuations. Initially, buyers made a substantial corrective move from the 1.0170 minimum, establishing a support zone around 1.0220. However, bearish momentum...
Market Fundamentals: The release of weaker-than-expected Chinese economic data early in the day has contributed to a subdued market sentiment. The PMI was confirmed at 50.5, falling short of both the previous reading of 51.7 and market expectations....
