Emotional Shifts Trigger MA’s Support Swivel in EUR/USD

EUR/USD Chart

The EUR to USD exchange rate has been on a rollercoaster ride for the past two months, but the tides have finally turned in favor of buyers in the last two weeks. The uptrend may not be a clear victory yet, but buyers have been flexing their muscles and pushing the lows to new heights. … Read more

EUR/USD decline intensifies as FED and ECB rate cut outlook diverge

EURUSD chart

The battle of the currencies was in full force this week as the EUR took a hit, dropping over 2 cents against the USD. The FED and ECB’s interest rate plans have caused a rift, with predictions of more rate cuts from the ECB than the FED by 2024. The EUR/USD duo started the week … Read more

EUR/USD: Will 1.0833 be the Breaking Point Amid Fed Caution and German Data?

EURUSD-Will-1.0833-be-the-Breaking-Point-Amid-Fed-Caution-and-German-Data

Amidst the tumultuous world stage, the EUR/USD currency pair has taken a sharp turn towards the bear side, with the euro struggling against the mighty US dollar. The past few days have witnessed a storm of events, from escalating tensions in the Middle East to a rollercoaster of market fluctuations, all playing a role in … Read more

GBP/USD Weekly Forecast: Navigating Economic Indicators Between $1.26 Pivot Point

GBPUSD Weekly Forecast Navigating Economic Indicators Between 1.26 Pivot Point

Last week, the GBP/USD ended on a high note at $1.2617, with a modest 0.14% gain. But hold on tight, because the upcoming week is brimming with exciting events that could shake up this currency duo. Technical Indicators Economic Events Impact Exclusive: Alex Thorn Says Spot Ethereum ETF Approval In May Unlikely Crypto market slumps … Read more

EUR to USD trend in danger due to ECB interest rate cut

EUR to USD trend in danger due to ECB interest rate cut (1)

“The EUR/USD pair has been locked in a fierce battle at the 1.10 level for the past month, unable to break through and claim victory. However, the tide may be turning as the European Central Bank (ECB) has hinted at potential interest rate cuts in the near future. This could mark the beginning of a … Read more