EUR/USD Forecast: Bears need to take down the 1.0845 support
The EUR/USD pair trades uneventfully just below the 1.0900 mark on Monday, confined to a limited range.
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The EUR/USD pair trades uneventfully just below the 1.0900 mark on Monday, confined to a limited range.
Spot Gold changed course after falling to $2,016.42 early in the American session and trades around $2,024, posting modest intraday losses.
Shifting focus to options, the Open Interest (OI) distribution for Bank Nifty Put options highlights the highest concentration at the 45,500 level, likely serving as a significant support level for the current expiry.
Bitcoin’s hash rate has dropped this week due to freezing temperatures in Texas. Meanwhile, the crypto market remains essentially unchanged.
The EUR/USD pair lost the 1.0900 threshold this last week as a souring market mood backed the US Dollar.