The EUR/USD pair has transitioned from a sideways movement to a trending phase. The pair is currently positioned between 1.1811 and 1.1826, marking a four-month peak, following a decisive breach of the 1.1775 trendline that linked the September and December highs, as well as surpassing the previous significant high at 1.1807. This action is not … Read more
The EUR/USD rate is currently fluctuating within a narrow yet politically charged range. The price has fluctuated from a recent low of approximately 1.1576–1.1589, the lowest point in nearly two months and a seven-week low, to highs close to 1.1808, which represented a three-month peak in late December. The current movement of EUR/USD is fluctuating … Read more
The EUR/USD pair is currently positioned between 1.1593 and 1.1600, with the latest quote at 1.1599, reflecting a decrease of approximately 0.08% for the day and a decline of about 0.3% over the past two sessions. The pressure is predominantly originating from the USD side. The US Dollar Index is currently positioned at approximately 99.38, … Read more
The EUR/USD pair is oscillating within a tight range of 1.1645–1.1660, slightly above a one-month low of 1.1618 and near the clustered support area of 1.1615–1.1635. Ongoing assessments of this zone since the previous week, along with the presence of long lower wicks on the latest 2-hour and 4-hour candles around 1.1620, indicate that there … Read more