Although the US President decided to delay some tariffs on Chinese goods, the market's mood didn't improve much. Find out what has happened and how to trade on it!
Tag - eur
Risk aversion intensifies
EUR/USD is consolidating in a sideways horizontal range with a slight bearish bias. A breakout is getting near.
Traders keep favoring the JPY. Later today, the market will focus on the US CPI. Learn more!
FBS analysts have gathered the key info about the main currency pairs. We hope that this analysis will make your trading easier.
Technical analysis of EUR/GBP
The market is still under pressure because of tensions between the United States and China. EUR/USD is consolidating, GBP/USD is near the psychological level.
Last week EUR/AUD tested the highest levels since 2009 at 1.6780, but failed to hold there and closed at 1.65 forming a candlestick with a long upper shadow on W1.
The AUD and the NZD are trying to correct higher versus the USD. The GBP is under negative pressure and awaits news.
The currency market is consolidating after a tempest…
On Tuesday, EUR/USD formed a candlestick with a small body and long upper and lower wicks - this is a sign of the market’s uncertainty.
New Zealand's central bank has shocked the market…