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...
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...
EUR/USD: At present, the EUR/USD currency pair is exhibiting intriguing dynamics. A potential breakdown of the 1.0704 level is anticipated, signaling an opportunity for traders to open long positions. This level is crucial as its breach and...
The Australian dollar is stable on Monday. In the European session, AUD/USD is trading at 0.6605, down 0.14% on the day. Last week the Australian dollar rose as much as 1.8% but most of those gains were trimmed. The RBA was expected to hold rates...
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...