The GBP/USD currency pair also continued to recover on Tuesday and, unlike the EUR/USD pair, changed its trend to upward

The EUR/USD currency pair continued its upward movement on Tuesday, which is encouraging

The Australian dollar against the greenback demonstrates amazing stress resilience, allowing AUD/USD buyers to open long positions on the southern dips.

The war in the Middle East could prove to be very costly for Trump

Donald Trump stated yesterday that the conflict in the Middle East is nearing its end

If the conflict in the Middle East concludes soon, as Donald Trump has promised, the drop in oil prices will extend a helping hand to the EUR/USD.

The EUR/USD pair rose by just 10 basis points on Tuesday and, overall, continues its modest recovery.

Bullish traders have lost the initiative in the market

Bullish traders maintain growth prospects

The Sentix economic index for the euro area fell in March by 7.3 points to -3.1 points, reacting to the outbreak of war in Iran and erasing three months of gains after a protracted stagnation. In Germany, the index dropped 5.2 points to -12.1 points, clearly signaling the start of a new downturn; the global index fell 5.5 points.