Analysis of Trades and Trading Recommendations for the British Pound A test of the 1.2654 price level occurred when the MACD indicator had dropped significantly below the zero mark and was in the oversold zone, enabling a scenario for buying the...
Technical Analysis: EUR/USD EUR/USD sees more downside below 1.0500 as ECB policymakers are concerned about growing risks to Eurozone economic growth. ECB’s Villeroy supports more rate cuts as the balance of risks to inflation and growth is shifting...
During Thursday’s North American session, the spot price dipped below the pivotal 1.3950 level, driven by a mix of market forces. Softer-than-expected Canadian Consumer Price Index (CPI) data, combined with strong U.S. Retail Sales figures from the...
Why is the Euro in the Spotlight? The euro (EUR) remains one of the most discussed currencies globally. Its fluctuations against the US dollar (USD) and British pound (GBP) draw significant attention from traders and analysts alike. A key factor in...
EUR/USD Price Watch We are currently discussing the analysis of the price behavior of the EUR/USD currency pair. The EUR/USD currency pair remains entrenched in a bearish trend on the 4-hour timeframe, continuing its gradual descent over the past...
