EURUSD Bulls Don’t Want to Give Up

Friday’s economic releases: Canadian GDP US PCE Price Core Index The Canadian dollar is showing limited movement on Friday. In the European session, USD/CAD is trading at 1.3276, down 0.05%. We could see stronger movement in the North American session, with the release of Canada’s GDP and the US PCE Price Index. The US dollar […]

Key Highlights EUR/USD declined and retested the 1.0880 support zone. It traded below a key bullish trend line at 1.0900 on the 4-hour chart. GBP/USD is attempting a fresh increase above the 1.2650 resistance. USD/JPY climbed higher above the 143.20 resistance zone. EUR/USD Technical Analysis The Euro started a fresh decline from the 1.1140 zone […]

Market picture The crypto market was relatively quick to digest the sell-off that gripped markets following Israel’s attack on Iran. The capitalisation rose 4.7% in 24 hours to $2.33 trillion, but this is down from $2.62 trillion seven days earlier. Halving and strong technical support are supporting a ‘buy on dips’ pattern in Bitcoin, and […]