Amid the worsening tensions from the ongoing Russia-Ukraine crisis, as more nations sanction Russia, the EUR/USD pair began today’s trading session lower than its Friday close of 1.1273 to open in the Asian session at 1.1122. Market participants’ reaction to the ongoing geopolitical crisis thwarted demand for safe-haven assets and currencies like the US dollar, […]
The pair started on a low key this week, it was however trapped in the selling-off movement while in the open which helped the safer currency to make a profit after the recent news about Russia invading Ukrainian. The Latest Development and the Bearing from There Russia once again attacks Ukraine raining down missiles on […]
The EUR/USD pair has fallen dramatically in the early European session on Thursday, coming a few inches to the 1.1200 support. The massive sell-off comes amid heightened geopolitical tensions as Russia invades Ukraine, which sparked risk flight by investors into safe-haven assets like gold and oil. Recent updates from Ukraine’s Interior Ministry confirm that Kyiv, […]
Consumer value index went beyond anticipations last month, creating a strong 0.6 percent month over month (MoM). A strong consumer price index will maintain the present 50 base point hike for March. This might put the USD on its front-foot for the meantime, with EUR/USD probably re-visiting the 1.1300s.The Latest Us Inflation Mounts Pressure on […]
EURUSD Price Analysis: January 31 EURUSD retraces towards the imbalance after its downward motion. The EURUSD market has been in consolation. The bears pulled through the demand zone on the 29th of September. The zone was tested earlier on August 20th. The bears failed initially to push through. After the violation of the zone, there […]
USDCHF Price Analysis – January 25 USDCHF drifts off its upward course as it fails to keep up the fervency that has kept it moving upwards. Signs that the currency pair was losing it came in late December 2021 as the price forced itself through a consolidation point between its uptrend line and the 0.91570 […]
Following the pair rebound at support with the 1.1300 level inclusive, the 50-day MA exactly at 1.1319 and an upward movement which has been aiding value activities since ending of November 2021 The market has been moving slowly upwards. At the present, the 21DMA at 1.1346 has been ceiling the in-day profits and at the […]
EURUSD Annual Forecast – The Market Is Expected to Rebound to 1.1650 The annual forecast for EURUSD is towards the 1.1650 resistance zone. The year 2020 was bullish on the EURUSD market. The euro currency gained strength against the dollar. The contrary was the case in the year 2021. The previous year was bearish for […]
EURUSD Price Analysis – January 10 EURUSD is consolidating between key levels at 1.1380 and 1.1230. The market has been faced with overall weaknesses. At the end of August and into early September, the market was overbought. This stochastic reveals that the market was ready to go short. The 9 moving average crossed above the […]
