EURUSD Market Analysis: Today, we'll analyze the price action of the EUR/USD currency pair. When discussing potential corrections, it's important to understand why such corrections might occur. The fundamental factors affecting the dollar aren't so...
USDCAD Technical Outlook: The USD/CAD hourly chart shows an uptrend supported by the exponential moving average (EMA). The 100-day EMA is above the 200-day EMA, indicating strong market momentum and clear bullish sentiment. This trend suggests that...
EUR/USD – Technical and Market Analysis Yesterday’s market action left me cautiously optimistic. Although I did not experience significant losses, recent developments in Europe, particularly in Germany, are shaping market sentiment. The DAX index...
The EURUSD H1 chart you shared shows the Euro’s movement against the US Dollar on a one‑hour timeframe from 16 Dec to 5 Jan. The price action is plotted with candlestick bars and three overlaid moving averages (red, yellow, and purple lines), which...
The AUD/USD pair has extended its upward trajectory, reaching a fresh yearly high near the 0.6740 area during the European trading session. The Australian Dollar continues to outperform its G10 peers, supported by a renewed risk-on environment that...