TRADING UPDATES GBPUSD In last night's trading session, buyers were unsuccessful in bringing the price to move higher so there was momentum that sellers were able to use to push the price down. Based on the results of the chart analysis, the...
EUR/USD faced a bit of pressure on Tuesday, as we predicted the day before. To be precise, after two bounces from the 1.0678 level, a bullish correction was inevitable. This week's economic calendar does not contain any significant events. This...
The XRP/USD price has recently been experiencing significant fluctuations. After reaching a monthly high of $0.5313 at the beginning of the month, the price has been trending downward, currently trading around $0.4733. This shift towards the bearish...
The Euro has recently been on a significant decline against the British Pound, hitting a fresh 22-month low of 0.8400 on Friday. This latest downturn marks an extension of a three-month-long slide that initially commenced in April, back when the...
The economic landscape significantly impacts foreign exchange (forex) trading, influencing currency values through various macroeconomic factors. Among the most pivotal are interest rates, inflation, and economic growth indicators, which...