EUR/USD Remains Stable near 1.0950: A Consolidation Phase Begins. FUNDAMENTAL OVERVIEW On Monday, the EUR/USD experienced stability as it fluctuated within a constrained channel, hovering around the 1.0950 mark. Following
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USD/JPY Technical Analysis: Weekly Chart Trading in an Up Channel The weekly chart of USD/JPY shows the pair trading within an upward channel, indicating an overall positive trend. This suggests
GBP/USD turns neutral above 1.2650, with attention to US data. FUNDAMENTAL OVERVIEW During European trading hours, the GBP/USD currency pair is gaining ground above 1.2650. Returning to its highest point
Before the US CPI inflation data, the EUR/USD reaches monthly highs above 1.0800. FUNDAMENTAL OVERVIEW Following an unexpected increase to -8.5 in June in Germany’s Economic Sentiment, the EUR/USD is
NZDJPY: WEEKLY SCENARIO NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the
As USD sees renewed demand, GBP/USD eases to 1.2350 FUNDAMENTAL OVERVIEW The GBP/USD exchange rate is trading close to 1.2350, giving up gains made during European trading hours. Despite the
U.S. Dollar Gains Ground as Rate Hike Expectations Grow Introduction In early European trading, the U.S. dollar saw a slight decline, but it remained on track for its third consecutive
Despite a mixed German IFO, the EUR/USD moves closer to 1.0800 FUNDAMENTAL OVERVIEW In the Wednesday European session, the EUR/USD gained momentum and moved closer to 1.0800. Even though the
Concerns over China and Softer Australian Consumer Inflation Expectations Cause AUD/JPY to Retreat to 94.00. The AUD/JPY currency pair is currently trading near its intraday low of around 94.00, as
GBP/USD remains cautious near 1.2400 amidst banking turbulence and positioning ahead of data. TECHNICAL ANALYSISIn terms of technical analysis, GBP/USD faces a supportive trendline that has been in place for