The U.S. Dollar Index has fallen below its ascending trendline and dipped under the 50-day Simple Moving Average at $98.80, currently positioned at $98.20, with the 200-SMA at $99.50 acting as a significant resistance level above. The bearish candle structure, characterized by consecutive red candles with minimal lower wicks, indicates a persistent and conviction-driven selling … Read more
EUR/USD commenced the week at 1.1685, experiencing a decline of 0.2%-0.5% during the session. The price movement has contracted into a tight range, illustrating the dynamics of a currency pair influenced by two opposing forces, each exerting equal and persistent pressure. Last week, the pair reached five-week highs around 1.1725-1.1740, driven by optimism surrounding a … Read more
EUR/USD is currently at 1.1736 on Friday — marking its highest level since early March — and this movement is not merely a blip, a short squeeze, or a positioning accident. The pair has now achieved gains for the fifth consecutive session, indicating a consistent directional shift that commenced with the announcement of the U.S.-Iran … Read more
On Thursday, EUR/USD experienced an increase, reaching 1.1667. The US dollar managed to recover some of its losses from the prior session, reflecting a cautious market sentiment in light of the delicate truce between the US and Iran. The dynamics surrounding the Strait of Hormuz continue to exhibit significant tension. Reports indicate that the movement … Read more
With the recent de-escalation of tensions in the Middle East, marked by the announcement from Trump and Iran regarding a two-week halt in military operations while awaiting a final agreement, the influence of the conflict on crude oil prices has diminished. Previously, oil had surged to unprecedented levels, posing a risk to global inflation and … Read more
In the wake of yesterday’s holiday, liquidity has normalized across financial markets. However, risk sentiment remains fragile due to escalating tensions in the Middle East. Traders are closely monitoring developments after Donald Trump warned of potential strikes on Iranian infrastructure if the Strait of Hormuz were to remain closed. This uncertainty continues to favor safe-haven … Read more
EUR/USD is currently at $1.15591 on Monday, April 6, 2026 — a figure that encapsulates the dynamics of a currency pair navigating the contrasting policies of two central banks at a particularly challenging juncture in the geopolitical landscape. The current interest rate set by the ECB is 2.15%. The Federal Reserve’s rate currently stands at … Read more
On Good Friday, April 3, 2026, the EUR/USD exchange rate hovers around $1.1540, exhibiting consolidation within a remarkably tight range of $1.1530 to $1.1550. This movement occurs during one of the year’s most subdued and illiquid foreign exchange sessions. The majority of significant equity markets are currently not operational. The bond markets will close at … Read more
EUR/USD commenced Thursday around $1.1590, briefly striving to maintain the gains achieved over the previous two sessions, before plummeting beneath $1.1550 as Trump’s Wednesday night address regarding Iran was fully absorbed by Asian and European trading desks. As New York trading commenced, EUR/USD decisively breached the $1.1550 mark, dipping to a low of $1.1521 before … Read more
The U.S. Dollar Index declined to $99.49 on Wednesday, breaching a rising trendline that had underpinned the broader dollar recovery since late February and falling below the 50-period SMA in the process. The break in that trendline is significant — it reflects the structural impact of Trump’s comments on Iran, which have effectively dismantled the … Read more
