The EUR/USD pair is currently hovering around $1.1820, positioned slightly above the $1.1800 pivot point, where short-term buyers and sellers are engaging in a competitive assessment. The price is positioned on a convergence of averages and trendlines that delineate the boundary between a gradual ascent towards $1.1925–$1.2000 and a more pronounced decline back towards $1.1740. … Read more
The EUR/USD rate has decreased from the January range of approximately 1.2093–1.2095 to about 1.1780, representing a decline of slightly more than 2.8% within a few weeks. The price consistently approaches 1.1800, with upward movements toward 1.1850 being met with selling pressure, while downward shifts into 1.1750 are promptly met with buying interest. The magnet … Read more
The US Dollar’s late-January collapse has been largely reversed. The DXY is currently back testing the 97.9–98.0 range, with a focus on the 97.94 Fibonacci level that has influenced price movements since April of the previous year. The level served as a floor following the early-2025 USD selloff, subsequently oscillating between resistance and support through … Read more
The primary influence on EUR/USD at this moment is geopolitics, which is directly impacting energy markets. The market currently reflects approximately a 60% likelihood of a US strike on Iran by 31 March. Meanwhile, Brent is trading within the $71–72 range, with potential to rise towards $75–76 if that probability approaches 100% and traders begin … Read more
EUR/USD is fluctuating between 1.1790 and 1.1850 following a series of pressured sessions, with short-term movements adhering to a narrow range on both sides of the 1.1800 mark. Throughout the Asian trading session, the pair remained near 1.1790 following three days of declines, with the 14-day RSI positioned around 47. This indicates a reduction in … Read more
EUR/USD is fluctuating between 1.1840 and 1.1850 following a clear decline from the highs observed last week. The pair has previously tested the 1.1820–1.1830 demand zone and experienced a bounce; however, each recovery towards the 1.1860–1.1870 range is facing selling pressure. The price movement reflects a steady decline within the broader range of 1.1765–1.2000, with … Read more
The EUR/USD pair is currently positioned near 1.1840, continuing its decline over the past two days and remaining beneath the 1.1850 level, which has served as a temporary resistance point. Intraday ranges are consolidating around approximately 1.1830 to 1.1860, indicating a defensive market sentiment. The candles are consistently closing near their lows, reflecting a pattern … Read more
The EUR/USD pair is currently moving within a narrow range following its inability to maintain a position above 1.19. Stronger-than-expected US data caused the pair to pull back, yet the retreat stalled instead of collapsing, indicating that buyers remain active on dips. The most recent non-farm payrolls report showed an increase of approximately 130,000, significantly … Read more
In January, the US Consumer Price Index increased by 0.2% on a month-to-month basis and 2.4% on a year-over-year basis, falling short of the 2.5% forecast and decreasing from the previous 2.7% rate. Core CPI rose by 0.3% for the month, while the annual core rate decreased to 2.5% from the previous 2.6%. The combination … Read more
The EUR/USD pair is currently positioned around 1.186–1.187, following four sessions of constrained trading, oscillating within the range of approximately 1.1785 and 1.1930. The price continues to follow an upward trajectory, maintaining its position above the nine-day EMA close to 1.1860 and the 50-day EMA in the range of 1.1765–1.1766, with the shorter EMA positioned … Read more