Hotter US Inflation Reignites EUR/USD Downtrend, EUR/GBP Eases

Euro (EUR/USD, EUR/GBP) Analysis Minutes Suggest the ECB is Content with Rates, Focused on the Economy ECB minutes revealed it was a close call to raise interest rates for the tenth and possibly last time, the last time the Governing Council met. The majority of officials anticipate that record high interest rates (4%) will play

Is Euro’s Downtrend Over? EUR/USD, EUR/AUD, EUR/NZD Price Setups

Euro Vs US Dollar, Australian Dollar, New Zealand Dollar – Outlook: EUR/USD has rebounded from quite strong support. Downside in EUR/AUD could be limited; EUR/NZD’s slide is losing steam. What is the outlook and the key levels to watch in key Euro crosses? Looking for actionable trading ideas? Download our top trading opportunities guide packed

NFP to Revive EURUSD Downtrend?

Euro Analysis (EUR/USD, EUR/JPY) EUR/USD Driven by Countertrend Move is Yields, USD In an unsurprising fashion markets have cooled off in anticipation of today’s NFP print which was always going to be the standout event this week. Lackluster EU PMI data at the start of the week sent the euro lower against most of its

Rebounds off key support, as the downtrend remains suspect

Share: USD/CAD stalls its downtrend, finding support at 1.3489, just above the 200-day Moving Average, and trades 0.14% higher. If the pair sustains above 1.3489, it could target resistance levels at 1.3550, 1.3580/90, and the psychological 1.3600 mark. A break below 1.3489 could signal a bearish resumption, exposing the 200-DMA at 1.3463 and

AUD/USD Downtrend Pauses at Key Support

Australian Dollar, AUD/USD, Moving Averages – Technical Update: Australian Dollar on course for worst month since February AUD/USD trend remains bearish, but key support reinforced What are key levels to watch in the coming 24 – 48 hours? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast At -4.5%, the Australian Dollar is on course

GBP/USD Downtrend Still Remains in Play

British Pound, GBP/USD, Daily vs 4-Hour Setting – Technical Update: British Pound breakout takes a break after Hammer candlestick But, on the 4-hour timeframe, the near-term bearish bias is in play Will GBP/USD resume Descending Channel direction ahead? Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound has been stabilizing against the