EUR/USD

Looking at EURUSD’s chart, we can see that the FX pair is struggling to hold the level of $1.09. If it fails to pass the range of $1.0910-1.0930 where its resistance level is located at, today, then we should expect a drop of the forex rate towards its support level at around $1.0850.

EURUSD

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Editors’ Picks

EUR/USD steadies above 1.0600, awaits German ZEW and Powell speech

EUR/USD steadies above 1.0600, awaits German ZEW and Powell speech

EUR/USD is holding above 1.0600 in the European morning on Tuesday, having hit fresh five-month lows. The pair draws support from sluggish US Treasury bond yields but the rebound appears capped amid a stronger US Dollar and risk-aversion. Germany's ZEW survey and Powell awaited. 

EUR/USD News

GBP/USD stays below 1.2450 after UK employment data

GBP/USD stays below 1.2450 after UK employment data

GBP/USD trades marginally lower on the day below 1.2450 in the early European session on Tuesday. The data from the UK showed that the ILO Unemployment Rate in February rose to 4.2% from 4%, weighing on Pound Sterling.

GBP/USD News

Will Gold reclaim $2,400 ahead of Powell speech?

Will Gold reclaim $2,400 ahead of Powell speech?

Gold price consolidates the rebound below $2,400 amid risk-aversion. Dollar gains on strong US Retail Sales data despite easing Middle East tensions.

Gold News

SOL primed for a breakout as it completes a rounding bottom pattern

SOL primed for a breakout as it completes a rounding bottom pattern

Solana price has conformed to the broader market crash, following in the steps of Bitcoin price that remains in the red below the $65,000 threshold. For SOL, however, the sensational altcoin could have a big move in store.

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Key economic and earnings releases to watch

Key economic and earnings releases to watch

The market’s focus may be on geopolitical issues at the start of this week, but there is a large amount of economic data and more earnings releases to digest in the coming days. 

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