EUR-AUD PAIR ANALYSIS The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this...
The NZD/USD currency pair, currently trading at 0.6112, has shown a bearish trend recently. This suggests a prevailing sentiment of NZD weakness or USD strength in the market. Despite the current slow movement, I believe there are factors that could...
EUR/USD /H1 Greetings. In the Asian session, buyers have held their positions at the Monday close, despite a small gap that has now been closed. Looking at today's market, the nearest EUR/USD daily H1 timeframe chart support level appears to be...
Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around 70-80 pips. However, after...
The USD/CHF currency pair has been interacting with its support levels quite a bit lately. It has encountered rejections at these support levels multiple times. This suggests a certain resilience in these levels, but it also raises questions about...