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Back Technical analysis
EUR/USD. Smart Money. US Dollar Strengthens Amid Iran-Related Geopolitical Tensions
The EUR/USD pair has been declining
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The EUR/USD pair has been declining for the ninth consecutive day, and such steady daily losses inevitably raise the question: what is behind this sharp shift in market sentiment? In my view, there is no clear-cut answer. Traders can only speculate as to why the U.S. dollar has been strengthening for a week and a half, ignoring chart patterns and many economic developments.Recall that just last week, the annual Nonfarm Payrolls report and inflation data pointed more toward a dollar
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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Grigory Sokolov
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