The EUR/USD pair represents the most straightforward conundrum currently available, and its resolution encapsulates the entirety of the trading landscape. The euro trades near 1.1637 on June 2, reflecting a marginal increase of 0.05% during the session, yet it remains at its lowest point since April 7. Here’s the part that confounds many: the European … Read more
Here’s the puzzle that defines this pair right now: the European Central Bank is poised to increase interest rates, the euro’s domestic narrative has become more favourable than it has been in months, yet the currency continues to decline to new six-week lows. EUR/USD is currently trading around 1.1650, positioned at the weaker end of … Read more
EUR/USD commenced the last complete trading session of May under pressure, positioned near 1.1612 and lingering slightly above a six-week low following a decline of approximately 0.12% from the previous session. The pair is currently positioned directly atop its 200-day exponential moving average, a technically significant level that delineates the boundary between a contained consolidation … Read more
GBP/USD remains steady around 1.34 as the outlook from the Fed and BoE captures market attention. Meanwhile, EUR/USD is trading at about 1.1634 on Wednesday, May 27, showing a slight recovery from the six-week low of 1.1593 reached last week, yet still constrained by the moving-average resistance that has hindered any rebound efforts throughout May. … Read more
EUR/USD is currently at 1.1625 during midday European trading on Tuesday, reflecting a decrease of 0.15% from the previous day’s close. The pair is moving within a narrow range beneath the 1.1650 resistance level that has characterised its price movements throughout the month. The 5-day moving average is positioned at 1.1601, while the 50-day moving … Read more
EUR/USD is currently positioned at approximately 1.16382 in the European session on Monday, reflecting an increase of about 0.31%. The pair has made a recovery from the 1.1575 level, which represented the lowest point since April 7 last Thursday. The intraday range has extended from a low of 1.16287 to a high of 1.16538, with … Read more
EUR/USD is currently trading at 1.1632, having reached an intraday low of 1.1582 — the lowest level since April 7 — and has managed to recover above the 1.1600 psychological level as the European afternoon progresses. The bounce appears to be driven by mechanical factors rather than strong conviction: softer US Treasury yields are alleviating … Read more
The single-currency pair has experienced a steady decline over the past four sessions, indicating a structural issue rather than a tactical one. Tuesday morning’s print at 1.1635 reinforces the breakdown thesis that has been developing since the 1.1655 Double Top was breached. EUR/USD is currently down 0.18% during the European session on May 19, 2026. … Read more
The single currency concluded Monday morning constrained by the same psychological barrier that has turned it away for two consecutive weeks, with EUR/USD trading around 1.1770 following yet another unsuccessful attempt to breach the 1.1800 level. President Trump’s outright dismissal of Iran’s updated peace framework redirected flows back into the dollar and rekindled the energy-driven … Read more
The EUR/USD exchange rate experienced a decline following the Federal Reserve’s announcement of its interest rate decision on Wednesday. The decline was also observed as energy prices experienced a surge, influenced by the ongoing rhetoric between the US and Iran. The current trading level stands at 1.1677, slightly below the monthly peak of 1.1855. The … Read more
