EUR/USD Trend Analysis Recent Trend Overview The EUR/USD currency pair has demonstrated a downward trend in the past week, currently facing bearish pressure. It is anticipated that this downward trend may continue into the next week, with a higher...
Trading journal Sunday, December 15, 2024 USDCAD Good morning and greetings to all forum friends who are always given health and fortune. How are you all? I am sure and believe that you are very happy to welcome the arrival of the weekend holiday...
The EUR/USD currency pair has shown notable price action over the past week, providing insights into potential future movements. In the first two trading days of the previous week, the EUR/USD remained below the 50 EMA (Exponential Moving Average)...
On the hourly chart, GBP/USD bounced off the 1.2788-1.2801 resistance zone on Thursday, turning in favor of the US dollar and consolidating below the 1.2709-1.2734 level. This led to a decline to the 1.2611-1.2620 support zone. A bounce out of this...
The Australian dollar initially gained momentum following robust Australian employment figures released earlier today. However, the pair encountered resistance at 0.6430, reaffirming the prevailing bearish trend. Notably, Australian net employment...