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EURUSD edges higher again today, makes higher highIt tests the resistance set by a key area, north of 1.1032Momentum indicators support the current bullish moveEURUSD is trying to record its...
Cluster of Fibonacci resistance contain the further upside of EUR/USD on the weekly.Original Post
The EUR/USD, while experiencing a somewhat lackluster 2023, is on track to end the year with a modest 2.3% gain. Despite facing headwinds from consistently poor economic data in the Eurozone, the...
German PPI eases to 7.9% German GfK Consumer Confidence index improves slightly The euro has dropped in Wednesday’s trade. In the European session, EUR/USD is trading at 1.0939, down...
The US Fed's signal of potential rate cuts next year weakened the US dollar, which closed the week in the 102 band. Despite the dollar's decline, expectations for a rate cut in March, currently at...
Firstly, the EUR/USD turned up in November, it recovered with a sharp reaction higher up to 1.1 resistance where pair slowed down and made some nice pullback but a sharp one. Well, after a somehow...
Eurozone, German Service PMI ease in December Euro snaps four-day rally The euro has snapped a four-day winning streak on Friday. In the European session, EUR/USD is trading at 1.0949, down 0.38%. The...
EURUSD reclaims 200-day SMA following dovish Fed signalsECB meeting later today could spur some volatilityMomentum indicators are skewed to the positive sideEURUSD had been experiencing a...
UK economy shrinks 0.3% in October Markets price in three rate cuts from the BoE next year EUR/GBP spikes ahead of BoE and ECB announcements tomorrow The UK economy got the fourth quarter off to a bad...
Fed expected to leave interest rates unchanged Forecasts and dot plot key as markets price in four rate cuts next year EUR/USD hovers around 50 Fib The final Fed meeting of the year could also be the...
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