EUR/USD attempts to recover from the previous day’s losses, hovering around 1.0680 during the Asian session on Wednesday. The pair remains sideways due to the market caution ahead of the interest rate decision by the US Federal Reserve (Fed), scheduled for release later in the North American session. The key support for the EUR/USD pair appears around […]

The GBP/USD pair continues with its struggle to gain any meaningful traction and languishes near its lowest level since early June touched on Monday. Spot prices currently trade around the 1.2380-1.2375 region and seem vulnerable to prolonging the recent downward trajectory witnessed over the past two months or so. Firming expectations that the Bank of […]

The EUR/JPY pair gains momentum near 157.40 during the early European session on Friday. Market players await the second-tier economic data release from the Eurozone ahead of the European Central Bank (ECB)’s President Christine Lagarde speech. According to the one-hour chart, EUR/JPY holds below the 50- and 100-hour Exponential Moving Averages (EMAs), which means further downside looks favorable. However, the Relative […]