The EUR-USD pair is positioned at $1.1715 as we approach the New York close, a figure that only begins to reflect the complexity of this market situation. The pair has declined approximately 1.5% from the $1.1849 two-month high reached on April 17, established a session low at $1.1669 on Thursday, and is currently positioned right … Read more
The Euro is currently trading around 1.1702 against the US Dollar as Thursday progresses, with intraday movements fluctuating between a low of 1.1679 and a recovery toward 1.1714, ultimately stabilizing within the 1.1688 to 1.1702 range that has characterized much of the American morning. The pair has recorded three straight sessions of losses, continuing a … Read more
The single currency is navigating a tight range on Wednesday, positioned between 1.1712 and 1.1745 on the European tape, with the latest quote at 1.17123 on the live FX board. This movement comes as the market processes President Donald Trump’s decision from Tuesday night to extend the U.S.-Iran ceasefire indefinitely, while traders contend with the … Read more
The euro is trading at approximately 1.1760, reflecting a decline of about 0.25% for the session. This movement follows a decisive drop below the key level of 1.1750 during the American trading hours, influenced by three converging factors impacting the market simultaneously. Kevin Warsh’s Senate confirmation testimony is signaling a Fed regime change, the re-closure … Read more
The EUR/USD pair has diminished its losses, currently trading in the 1.1760 area after bouncing back from session lows around 1.1730. In March, German Producer prices experienced their fastest increase in nearly four years. The Euro remains limited below a previous support level around 1.1770. The Euro has reversed earlier declines against the US Dollar … Read more
The most actively traded currency pair has successfully challenged the resistance zone that has hindered all upward movements for the last fortnight. The EUR/USD surged to an intraday peak of 1.1849 on Friday, ultimately closing near 1.1814 during the New York session. This movement extends a two-week rally that has propelled the pair from the … Read more
EUR/USD is positioned between 1.1770 and 1.1782, reflecting a decline of 0.19% to 0.24% during the session. This follows an impressive eight-day winning streak that propelled the pair from the 2026 low of 1.1410 to a weekly high of 1.1825, marking its most robust level since the escalation in the Middle East commenced in late … Read more
EUR/USD is challenging the 1.1800 mark on Wednesday — a threshold that has emerged as the pivotal point for currency markets this week. The pair was observed at 1.1790 during Asian hours, subsequently recovering to retest the round number in European and US sessions, remaining close to the seven-week high of 1.1811 established on April … Read more
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