As the market considers a carefully balanced mix of euro-positive and dollar-positive events, EUR/USD starts the final session of May trading around the 1.1640 level, hovering a few pips above recent multi-week lows and stabilising in a tight band. The pair has regained momentum over the past week, establishing a position above the 1.1600 mark … Read more
EUR/USD commenced the last complete trading session of May under pressure, positioned near 1.1612 and lingering slightly above a six-week low following a decline of approximately 0.12% from the previous session. The pair is currently positioned directly atop its 200-day exponential moving average, a technically significant level that delineates the boundary between a contained consolidation … Read more
GBP/USD remains steady around 1.34 as the outlook from the Fed and BoE captures market attention. Meanwhile, EUR/USD is trading at about 1.1634 on Wednesday, May 27, showing a slight recovery from the six-week low of 1.1593 reached last week, yet still constrained by the moving-average resistance that has hindered any rebound efforts throughout May. … Read more
EUR/USD is currently at 1.1625 during midday European trading on Tuesday, reflecting a decrease of 0.15% from the previous day’s close. The pair is moving within a narrow range beneath the 1.1650 resistance level that has characterised its price movements throughout the month. The 5-day moving average is positioned at 1.1601, while the 50-day moving … Read more
EUR/USD is currently positioned at approximately 1.16382 in the European session on Monday, reflecting an increase of about 0.31%. The pair has made a recovery from the 1.1575 level, which represented the lowest point since April 7 last Thursday. The intraday range has extended from a low of 1.16287 to a high of 1.16538, with … Read more
EUR/USD is currently at 1.1604 in mid-session Friday trade, May 22, 2026, reflecting a decline of approximately 0.15% for the day and poised to finish the week lower for the fourth consecutive session. The pair has been subtly declining beneath a descending trendline established from the early-May rejection at 1.1795, with intraday movements navigating through … Read more
The euro is behaving as anticipated by every desk the moment the Fed minutes were released on Wednesday afternoon: it is rolling, lacking any fundamental support to bolster its position. EUR/USD is currently positioned at $1.15906, reflecting a decline of 0.27%-0.28%. This movement follows a classic rejection at the resistance range of $1.1640-$1.1655 and a … Read more
The USD/CAD pair sees an appreciation as the commodity-sensitive Canadian Dollar encounters difficulties stemming from a minor drop in oil prices. WTI could potentially recover as Trump has issued threats to attack Iran in the coming days to expedite a resolution to the conflict. The US 30-Year Treasury Yield has decreased to 5.180%, following a … Read more
EUR/USD is currently trading at 1.1632, having reached an intraday low of 1.1582 — the lowest level since April 7 — and has managed to recover above the 1.1600 psychological level as the European afternoon progresses. The bounce appears to be driven by mechanical factors rather than strong conviction: softer US Treasury yields are alleviating … Read more
The single-currency pair has experienced a steady decline over the past four sessions, indicating a structural issue rather than a tactical one. Tuesday morning’s print at 1.1635 reinforces the breakdown thesis that has been developing since the 1.1655 Double Top was breached. EUR/USD is currently down 0.18% during the European session on May 19, 2026. … Read more