EUR/USD daily RSI is making a move out of overbought territory following a historic run in the pair, but there’s a plethora of support that bears would need to chew through to take control.
The European Central Bank is widely expected to cut rates again, but that hasn’t stopped Euro bulls from driving the 2nd strongest weekly outlay against the USD in more than the past decade. This seems to be a USD story though.
It’s been a fast start to the week with selloffs in both U.S. equities and the USD. But volatility continues to flow and tonight brings a State of the Union Speech from President Trump.
Gold broke an eight-week streak of gains this week with a strong sell-off from Tuesday into Friday. The question now is whether a deeper pullback can appear after one week of weakness.
Gold prices have been in a steady state of trend for most of 2025 so far, but that appears to be on the verge of breaking an eight-week streak of gains.
EUR/USD saw a fast pullback appear when President Trump announced 25% tariffs are on the way. But questions remain, and EUR/USD retains bullish structure as month-end nears.
EUR/USD is still threatening a breakout at 1.0500 and USD carries deeper pullback potential.
It’s been a recovery for EUR/USD so far in February but there’s still the rest of this week left. Can bulls finally leave behind the 1.0500 level that’s held resistance for five of the past six weeks?
Gold bulls are still driving and the move over the past two months has taken on a near-parabolic like tone. The big question now is whether change shows with the $3k level coming closer to being in the picture.
EUR/USD sellers have had an open door to drive towards parity in 2025 but they’ve continually failed to take advantage, begging the question as to whether bullish reversals may soon show.
The US Dollar has been putting in lower-lows and highs over the past month and EUR/USD the opposite, with each testing a key price level looked at in yesterday’s webinar.
The U.S. Dollar is looking more and more like a top may be in-place. The tariff topic continues to drive but price action has been on a pattern of lower-lows and highs for more than a month now.