The US dollar slows down its pace. The US dollar experienced a decline in Monday's trading session, falling to the key zone of 106.00. This drop was influenced by an increase in risk appetite, making it difficult for the USD to gain strength. With no significant economic events taking place on …
EURUSD Buyers Need Strong Footing
EURUSD Analysis - Bearish Activity is Currently Slowed Down EURUSD buyers need strong footing. Buyers in the EURUSD market are facing the challenge of needing a stronger foothold to assert themselves. The sellers have been a considerable threat, causing a slowdown in the buyer's movement. However, …
GBPUSD Continues to Consolidate as the US Dollar Mood Keeps Fluctuating
The GBPUSD market has broken its downward trend but has failed to gather enough traction to make a significant upside move. As a result, the pair continues to consolidate between the 1.2100 and 1.2260 marks. Key Price Levels: Resistance Levels: 1.2149, 1.2200, and 1.2300 Support Levels: 1.2100, …
