The price of (EURUSD) declined in its last intraday trading, amid the pairs attempts to gain positive momentum that might help it to recover and rise again, leaning on the support of EMA50, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line, besides forming positive divergence on the (RSI), after reaching...

The European Central Bank (ECB) announced its interest rate decision on Thursday at the conclusion of its September 1011 meeting, leaving rates unchanged at 2.15% the lowest level since October 2022 in line with most global market expectations, marking a second consecutive hold. Policymakers at the ECB believe there is no need for further rate cuts to achieve the 2%...

The euro rose in the European market on Friday against a basket of global currencies, moving into positive territory versus the US dollar, supported by the weaker performance of the greenback in the foreign exchange market, ahead of the release of US monthly jobs data. Consumer price data released this week highlighted persistent inflationary pressures on European Central Bank policymakers,...

The (EURUSD) continued its rise in its last intraday trading, supported by the repeated positive signals on the (RSI), despite reaching overbought levels that might limit the gains, this rise was supported by the stability of the pair above EMA50, providing solid technical base that supports the continuation of the momentum. At the same time the trading remains under the...