Approximately 22.7% of daily forex trades. This pair, often called “Fiber,” is the most traded due to the economic strength of the Eurozone and the United States, offering high liquidity and tight spreads.
EUR/USD remains in a consolidative phase on the daily chart with limited bullish momentum near resistance at 1.0894 and 1.0915. Key support at 1.0810 must hold to avoid deeper correction toward 1.0723. A sustained break above 1.0915 could trigger a rally toward 1.1000 and beyond. Range-bound conditions likely prevail unless decisive moves occur.
EUR/USD remains under strong selling pressure below key resistance near the 200-day moving average around 1.0890. Technical and fundamental factors, including divergent monetary policies and soft eurozone data, continue to weigh on the pair, signaling a sustained downtrend. Traders watch support near 1.0810 and 1.0755 closely.
The US Dollar continues to strengthen as the Federal Reserve signals it will maintain a hawkish stance to combat inflation. Elevated US yields and robust economic data support the Dollar’s momentum, putting pressure on the Euro, Yen, and Pound. Market watchers eye potential BoJ intervention near 150 JPY per USD. Original article credit: Mitrade News Team (source: mitrade.com)
USD/MYR slipped to a three-week low, closing the week down 0.7 percent near 4.67 amid a softer US dollar, dovish Fed signals, and improved Malaysian trade data. Renewed foreign investment and stable domestic policy have bolstered the Ringgit despite global uncertainties.
Original Author: smart-lab.ru user
Trading Forex is challenging and filled with pitfalls. Many beginners are drawn by the promise of quick profits and low capital requirements but underestimate the risks of high leverage, poor risk management, and emotional decisions. Success demands discipline, education, and realistic expectations. Scalping and automated trading tools often underdeliver without deep expertise. Approach Forex with caution and a strategic mindset.
US Dollar holds steady near six-month highs as markets await critical U.S. CPI inflation data expected to influence Federal Reserve policy. The yen faces mounting pressure with intervention risks rising amid a weaker outlook and widening rate differentials. Investors remain cautious, favoring safe havens amid global uncertainties. Full insights by Mitrade Insights Team. Read more at mitrade.com
U.S. dollar holds steady as forex markets await key economic data that could signal the Federal Reserve’s next move. Investors remain cautious amid inflation trends and central bank signals, with major currency pairs reflecting mixed sentiment. Watch for CPI and retail sales reports shaping the week ahead.
Bitcoin tests the $118K to $122K resistance zone after a month of consolidation within a tightening wedge pattern. With bullish moving averages and rising RSI, the question remains: will BTC break out to start a new rally or face a setback? Market watchers weigh technical and fundamental factors in this crucial phase. Read more: fxleaders.com/news/2025/09/13/bitcoin-battles-118k-122k-resistance-will-btc-break-through
US dollar weakens as markets price in three Fed rate cuts by mid-2026 following a sharp rise in jobless claims. With unemployment rising and GDP growth slowing, investors now expect the Federal Reserve to shift towards easing to support the economy.
HSBC’s latest forecast anticipates the GBP/USD rate could face pressure, falling to around 1.38 by the end of 2025 and near 1.37 in 2026. Key drivers include a more hawkish Federal Reserve stance versus the Bank of England, UK economic challenges, and ongoing global uncertainties favoring the US dollar. Source: James Leonard, ExchangeRates.org.uk
