I still hold a bearish outlook for the EUR/USD pair, as the sell signal for a decline only formed by the end of last week. I believe this signal has at least until the end of the current week to play out. My primary focus is on the support level at...
Points Take Away about GBPUSD: The UK Flash Service and Manufacturing PMI make the GBPUSD buyers weak today. Hence, the price is trading around the support level of 1.2642. In the last week, the US PPI (Producer Price Index) and the Unemployment...
EUR/USD Fundamental Analysis: As I look at the EUR/USD pair today, there are several key factors influencing the market. The U.S. economy continues to send mixed signals, especially with inflation and the Federal Reserve's interest rate policies....
EUR/JPY Price Action Outlook After the resistance at the price of 160.35 was successfully penetrated on Friday, EURJPY immediately continued its increase to 161.45. Previously, EURJPY had difficulty penetrating the resistance at the price of 160.35...
Silent Points about EURUSD: Today, the German and Rench Flash news made the EUR week just now. Hence, the price is trading around the 1.0490 level. It is important that a strong reading for the Flash Service and Manufacturing Index could lead to...
