Technical Analysis: EUR/USD EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave interest rates unchanged, while the ECB is set to cut them by 25 bps,...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair is currently locked in a tight range around the critical 1.2500 level, a psychologically significant price point for traders. Repeated attempts by the pair to break through this level,...
The Euro (EUR) strengthened against the US Dollar (USD) on Friday, pushing towards the psychologically significant 1.0500 level, fueled by encouraging economic data from the Eurozone. The Hamburg Commerzbank (HCOB) reported that the Eurozone...
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USD/CAD Technical Overview: I’ve been keeping an eye on USD/CAD, and it’s currently trading around the 1.3400 mark, showing some consolidation after a slight pullback from recent highs. On the 4-hour chart, I’m watching a key support zone near...
