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EUR/USD is hovering near the 1.0800 mark after the European trading session wrapped up, essentially going nowhere fast within Tuesday’s range. The momentum indicators are giving us a mixed bag of signals. We’re seeing some short-term bearish vibes, but it’s butting up against longer-term bullish trendlines that are still in play. Keep an eye out

EUR/USD traded near the 1.08 mark after Monday’s European trading session, just slightly pulling back within its established daily range. Despite this minor dip today, the currency pair still maintains a bullish outlook, bolstered by its longer-term moving averages. Keep an eye on the 1.0730 area for support. For the pair to regain upward momentum,

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AUD/JPY traders saw the pair hovering around the 94.30 level on Friday morning, just before the Asian trading day began, as it edged back towards the lower side of its daily range. Although some oscillators are sending mixed signals, the overall technical picture, according to moving averages, still leans towards a downward trend. Looking at

EUR/USD edged up to around 1.0830 on Friday afternoon, following the European trading session, and is now testing the higher end of its daily range. Even though some indicators are giving mixed signals, both short and long-term moving averages are still pointing towards a continuing bullish trend for the pair. Currently, support seems to be

EUR/USD traded around the 1.0780 mark on Thursday, climbing closer to the top of its daily range. Even with mixed signals from oscillators, the bullish setup is still in play, supported by short and medium-term moving averages. Support levels are identified between 1.0790 and 1.0760, while resistance can be expected around 1.0810 and 1.0840. EUR/USD

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Mexican Peso dips 0.24% despite weaker US Dollar as expectations rise for a Banxico rate cut. Retail Sales show surprising strength, yet economic slowdown fuels anticipation of accommodating monetary policy. Citi survey forecasts Banxico to slash rates by 50 bps this week; market focus also on upcoming US PCE inflation figures. The Mexican Peso (MXN)

Speaking to reporters this Monday in Washington, DC, US President Donald Trump doubled down on trade, re-announcing plans to slap additional tariffs on automobiles, aluminum, and pharmaceuticals “soon.” This comes hot on the heels of the Trump administration’s recent solo move to impose a 25% import tax on all steel and aluminum entering the United

NZD/USD is currently trading around the 0.5730 level, showing a slight decrease for the day as we approach the Asian trading session. The pair is currently testing a significant point where the 20-day and 100-day moving averages converge, and there’s a possibility of further drops if it falls below this zone. As Friday’s trading session