EURUSD is edging lower toward the 1.0900 handle after bullish developments in the pair were unable to overpower the 1.1100 hurdle. The falling simple moving averages (SMAs) are endorsing the 10-month bearish trend from the May 2021 high of 1.2266. Currently, the Ichimoku lines indicate that bearish forces remain active, while the short-term oscillators are […]
The post EURUSD Continues to Slide as Positive Hopes Fade appeared first on Action Forex.
NZDUSD hits fresh lows on US tariff threats Technical outlook remains gloomy RBNZ rate decision due on Wednesday at 01:00 GMT NZDUSD plunged to a one-year low of 0.5795 early on Tuesday following Trump’s renewed Read more…
In an interview with Helsingin Sanomat, ECB Vice President Luis de Guindos acknowledged the shifting priorities of the ECB as inflation continues to decline. Inflation is expected to return to the medium-term target of 2% Read more…
Daily Pivots: (S1) 193.16; (P) 193.89; (R1) 194.51; More… No change in GBP/JPY’s outlook and intraday bias stays on the downside. Corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper Read more…