The USD/CAD currency pair is trading lower during the early Asian session on Friday, hovering around the 1.4020 level. The US dollar has weakened due to cautious market sentiment ahead of the release of crucial US and Canadian labor market data. The...
EUR / USD: Today's Trading Road Map It is a good scenario that the bulls are in action. However, the EURUSD market is facing extreme pressure from bears or sellers these days. Thus, the price might drop and hit the 1.0466 level again because of the...
USD/JPY: Simple Trading Tips for Beginner Traders December 6 - Analysis of yesterday's forex trades Trading Analysis and Trading Recommendations for the Japanese Yen The afternoon test of the 150.37 level came as the MACD indicator started to move...
GBP / USD: My Daily Trading Recommendation Fortunately, the market of GBPUSD reversed and hit the 1.2700 level. It indicates that the bulls can pull back. Also, the USA news data is a challenge for the bulls of GBPUSD in the current week. Thus,...
The chart provided displays the EUR/USD currency pair on an hourly timeframe (H1). Key technical indicators, such as a moving average (red line) and the Relative Strength Index (RSI), are applied to aid in the analysis. The moving average in the...