Fundamental Analysis The Euro (EUR) trades 0.2% higher at around 1.1632 vs. the US Dollar (USD) in the European session on Thursday. The major forex pair is gaining ground on a weaker US Dollar amid several headwinds, soft US ADP Employment Change...
EUR/USD Technical Analysis EUR/USD gains to near 1.1610 amid weakness in the US Dollar. Weak US ADP Employment Change data for August has set an unfavorable backdrop for the US NFP. The ECB is anticipated to raise interest rates on September 10. The...
Technical Landscape: Bearish Dominance on the H4 Chart The H4 chart for GBPJPY presents a clear bearish market structure, characterized by a series of lower highs and lower lows. The current price action shows a decisive break below the key...
EUR/USD H4 Market Analysis: Euro Holds Pivotal 1.1622 Level Amid Hawkish Central Bank Policy Expectations The currency pair is currently consolidating near a pivotal technical junction at the 1.1622 level on the four-hour (H4) timeframe, amid...
The "$4458 Level": XAUUSD Turns Up As Buyers Take Back Control Current price: $4458.72 on H1 Recent moverice bounced from $4389.85 and is now pushing toward $4480.57. Since Sept 1 we have seen a clear shift from sellers to buyers. What is driving...