The EUR/USD: Hitting the Bottom or Will the Slide Continue? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Markets are struggling to find a reason to move too much in either direction ahead of the New Year’s market closures, which will see most global exchanges shuttered during the middle of the trading week. Here’s what you need to know heading into Tuesday, December 31 The US Dollar Index (DXY) churned in place on…
EUR/USD appreciates as traders expect the ECB to delay its further rate cuts due to a recent uptick in inflation. ECB’s Holzmann said that Trump’s tariffs lead to a slowdown in growth overall, but also create inflationary pressure.” The latest FOMC Dot Plot anticipates only two rate cuts, down from the previously forecasted four. EUR/USD…
EUR/USD trades with a mild negative bias to around 1.0415 in Friday’s Asian session. The US Initial Jobless Claims declined to the lowest in a month last week. The dovish ECB bets might weigh on the Euro in the near term. The EUR/USD pair drifts lower to around 1.0415 during the Asian trading on Friday. Trading…
Top Trading Ideas for 2025 Top Trading Ideas for 2025: AI, Bitcoin, Stock Picks and Politics The big trading and investment trends that will drive a huge chunk of the buying and selling. While only a forecast, this type of outlook could help you to better prepare your trades. AI – Incoming…
Suleiman Levels limited Source link
EUR/USD gains on Friday, settling near 1.0395 after Wednesday’s steep decline. RSI rises sharply to 37, remaining in negative territory and reflecting hesitant recovery attempts. MACD histogram prints flat red bars, indicating persistent bearish pressure albeit with signs of stabilization. After suffering a sharp drop of more than 1% on Wednesday, the EUR/USD managed a…
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EUR/USD edges higher on Friday, settling at 1.0495 as it approaches the 20-day SMA. RSI rises sharply to 44 but remains in negative territory, indicating improving momentum within a bearish context. The EUR/USD pair managed a modest rebound on Friday, rising by 0.2% to 1.0495 after testing fresh lows earlier in the week. The pair…
EUR/USD: the outlook remains negative Source link