EUR/USD Price Recovers Amid Poor US New Home Sales Data
R1 is seen as the next potential target. The bias is bullish as long as it remains within the body of the rising villas. US data could sway the price…
R1 is seen as the next potential target. The bias is bullish as long as it remains within the body of the rising villas. US data could sway the price…
The pound recovered on Tuesday as the dollar weakened. BoE policymakers took a dovish stance last week. Investors will remain cautious as they await more data on US inflation. GBP/USD…
The Swiss National Bank reduced interest rates by 25 basis points. Fed policymakers have emphasized caution as the central bank prepares to cut interest rates. The data revealed a decline…
The bias remains bullish despite the current selloff. The removal of the downtrend line activates a new bullish movement. US data could bring some measures tomorrow. The price of gold…
Canadian retail sales fell 0.3% in January from December. Tuesday's data showed a drop in inflation in Canada. The US economy remains resilient and inflation is high. The outlook for…
The Bank of Japan made a significant policy shift when it raised interest rates. Market participants shifted their focus to the possible pace and size of future BoJ hikes. The…
The data revealed a larger-than-expected drop in inflation in Canada. The dollar initially weakened after the FOMC meeting. Next week, traders will be able to assess GDP data from the…
The Reserve Bank of Australia kept rates on hold on Tuesday and took a more neutral tone. The Fed had a more dovish policy meeting, weakening the dollar. The US…
The bias remains bullish as long as it is above R2. A new higher high activates further growth. Failure to stay above the middle line (ml) can reveal exhausted buyers.…
The Bank of England kept rates on hold on Thursday. UK inflation fell from 4.0% in January to 3.4% in February. There is a 75% chance that the Bank of…