The US dollar has struggled to sustain its rise amid growing consensus that the Federal Reserve will cut interest rates again at its next meeting.
The US dollar has struggled to sustain its rise amid growing consensus that the Federal Reserve will cut interest rates again at its next meeting.
The American dollar will set the tone for the entire currency market in the coming week
The British pound has been trading similarly to the euro in recent months (as it often does)
The European currency has seen demand over the past two weeks; however, while this phrase sounds promising
The IMF also believes that increasing government investments in 2026 will boost economic growth
The German economy has been in a dire state for almost five years now
Technical analysis of EUR/USD, USD/JPY, GBP/USD, SP500, Gold and Bitcoin
The Eagle indicator is showing overbought signs. So, we believe that in case of a sharp break in the bullish trend channel, EUR/USD could gain downward momentum and reach 2/8 Murray at 1.1596 and finally the 0/8 Murray at 1.1475.
A good area to open short positions could be if the price reaches the $96,000 level. Below this area, we could expect a strong technical correction.
Technically, the Eagle indicator is showing a negative signal. So, if there is a technical rebound above $3,125, we could expect ETH to hit a strong resistance level around $3,200, which would signal a resumption of selling with a target at $2,802.