The Euro is facing significant challenges due to a long-standing structural vulnerability that has been overlooked during more stable times. EUR/USD fell to seven-month lows close to 1.1468 on Monday, with the pair fluctuating between 1.1520 and 1.1550 during the session after reaching those levels in the Asian trading hours. The DXY — the U.S. … Read more
The EUR/USD pair is currently confined within a tight weekly range of approximately 70 pips, with the lower boundary positioned around 1.1765–1.1778 and the upper limit restricted in the 1.1830–1.1834 area. The market has been oscillating between 1.1790 and 1.1830, reaching an intraday peak of 1.1830, aligning with the 50% retracement of the latest swing … Read more
EUR/USD is currently positioned around 1.1770–1.1780, having encountered resistance near 1.1835 and pulling back from the 1.2100 level reached last month. The pair is currently positioned at the 61.8% Fibonacci retracement level following the rebound from the 200-day SMA at 1.1658, establishing the 1.1775–1.1770 range as a significant pivot point. The present range is 1.1750–1.1830. … 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
The EUR/USD pair is currently stabilized around 1.1900 following a rejection at the February high close to 1.1925 and remaining below the late-January peak of approximately 1.1975. The pair remains approximately 1.1% above last week’s lows, indicating that the rebound phase is still in effect; however, the 1.1925–1.1975 range is clearly acting as a supply … Read more
EUR/USD is currently positioned near $1.1900–$1.1910 following an approximate 0.9% increase on Monday. This movement is primarily influenced by a softer US Dollar rather than a significant surge in Euro strength. The US Dollar Index has reached its lowest point since early 2022, falling below 97.00 and finding stability around $96.90, with an important short-term … Read more
GBP/USD is currently positioned near 1.36 following a decisive rejection from 1.3870, marking the highest point since late 2021. The recent intraday range has been approximately between 1.3508 and 1.3625, with the 1.3550–1.3570 zone serving as the initial significant support level. Each attempt to reach 1.37–1.3720 has encountered resistance, confining the pair within a substantial … Read more
The USD/JPY pair draws interest from buyers, hovering around 157.45 in the early Asian session on Monday. The Japanese Yen weakens against the US Dollar following the ruling Liberal Democratic Party’s outright majority win in Sunday’s lower house election, which paves the way for increased fiscal stimulus by Prime Minister Sanae Takaichi. The coalition led … Read more
GBP/USD is currently positioned at approximately 1.3560–1.3570, having declined from the late-January high close to 1.3850, and is now resting on the critical decision zone between 1.3520 and 1.3500. The band corresponds with the lower boundary of the ascending channel that has directed price upward since November, the local support level from late December/early January … Read more