Key Highlights EUR/USD could accelerate lower if it breaks the 0.9900 support. A major bearish trend line is forming with resistance near 0.9990 on the 4-hours chart. GBP/USD remains in a bearish zone below the 1.1550 support. The Euro Zone Services PMI could remain stable at 50.2 in August 2022. EUR/USD Technical Analysis The Euro […]
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EURCHF reversed from support zone Likely to rise to resistance level 0.9360 EURCHF currency pair recently reversed up from the support zone located between the long-term support level 0.9250 (which has been reversing the price Read more…
EURGBP reversed from support zone Likely to rise to resistance level 0.8375 EURGBP currency pair previously reversed up from the support area located at the intersection of the support level 0.8260 (which stopped the previous Read more…
Home buyers may have to wait until 2025 for mortgage rates to decrease. The average 30-year mortgage rate rose to 6.84% last week, continuing its consistent weekly increase since September. The moderate housing market during Read more…