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EUR/USD stays low as it waits for US manufacturing figures and comments from Fed officials

EUR/USD stays low as it waits for US manufacturing figures and comments from Fed officials

As of Thursday, the EUR/USD pair remained constrained just under 1.1640, trading around 1.1635. This is concerning because it’s nearing a one-month low of 1.1618, despite some encouraging Eurozone industrial production numbers that came out earlier. According to Eurostat, industrial production in the Eurozone rose by 0.7% in November, against expectations for a slowdown to […]

EUR/USD Price Forecast: Stays near 1.1650 as RSI indicates weakening momentum

EUR/USD Price Forecast: Stays near 1.1650 as RSI indicates weakening momentum

The EUR/USD pair didn’t see much change after a slight dip the previous session, hovering around 1.1650 during the Asian trading hours on Wednesday. The 14-day Relative Strength Index (RSI) is sitting at 40, which is below the neutral mark of 50. This suggests a lack of strong momentum but doesn’t specifically indicate an oversold […]

Bitcoin Price Stays Below $94K, Yet a Potential 2025 Breakout May Be Ahead

Bitcoin Price Stays Below $94K, Yet a Potential 2025 Breakout May Be Ahead

Bitcoin’s Price Fluctuations and Potential Rally After stepping back from its highs in late 2025, Bitcoin has been mostly bouncing between the mid-$80,000s and the low-$90,000s lately. It’s interesting how buyers keep trying to elevate prices while sellers maintain their stance at the same resistance level. What’s really noteworthy is how this technical situation mirrors […]

Bitcoin Stays Steady This Weekend, But Next Week Will Be Crucial

Bitcoin Stays Steady This Weekend, But Next Week Will Be Crucial

Bitcoin’s Weekend Forecast Bitcoin is entering the weekend in a rather calm state, hovering between support levels of around $90,500 and $88,200. So far, price movements have been pretty quiet. The key resistance zones, particularly between $94,100 and $107,500, will likely determine the next significant shift in the market. Whether Bitcoin will continue climbing or […]

US Dollar Index stays low around 98.50 as optimism grows, focus shifts to US data

US Dollar Index stays low around 98.50 as optimism grows, focus shifts to US data

The U.S. Dollar Index (DXY), which tracks the dollar’s performance against six major currencies, has been on a downward trend after a slight uptick in the previous session. It was around 98.50 during Asian trading on Wednesday. Market participants are eagerly anticipating upcoming U.S. economic data that could influence Federal Reserve policy. Later today, the […]

Russia Stays Passive in Venezuela, Not Taking Clear Steps to Aid Nicolás Maduro

Russia Stays Passive in Venezuela, Not Taking Clear Steps to Aid Nicolás Maduro

The response from Russia regarding the arrest of its ally in Venezuela, Nicolás Maduro, has been surprisingly subdued as of Tuesday afternoon. Moscow recommended that its citizens refrain from traveling to Venezuela, though it did not take significant action concerning Maduro’s unexpected return from a trip there on Saturday. According to the Russian Ministry of […]