There are no macroeconomic events scheduled for Monday. Thus, low volatility and weak movements are expected for both currency pairs during the day. The European currency may adjust slightly upwards, but it should be remembered that the main trend...
Dollar Index (USDX) On Monday, the US dollar (USD) was mostly stable due to market risk aversion brought on by the political unrest in France. Investors fled France due to worries about President Emmanuel Macron's ability to handle the prospect of a...
The image depicts a candlestick chart of the GBP/USD currency pair, showcasing its price movements over a period. Here's a detailed analysis based on the chart: ### Overview The chart shows the daily price movements of the GBP/USD currency pair. Key...
EUR/USD daily H1 timeframe chart Greetings. In the H1 chart, a downward channel with a trajectory is evident, marked in blue in my drawing. The current decline hit EUR/USD daily H1 timeframe chart its lower boundary at 1.0709. Following this, the...
For oil today, the market opened with an insignificant gap, and in the Asian session the price is being pushed to the south, although in general, I admit that after a slight pullback, the northward movement will be resumed and, as I have said many...