The spot price has recently snapped a five-day losing streak, showing signs of a potential reversal after stronger-than-expected inflation data from the United States (US) and a soft jobs report provided mixed signals for the USD Index. As of the...
Let’s look again at the D1 period chart - the AUDUSD currency pair. This week we are still moving sideways, and during the last week the movements are in different directions, the forces are equal. The wave structure’s order is being built...
EURUSD TECHNICAL ANALYSIS EURUSD price is still moving below the 200 Moving Average (MA), reflecting the long-term trend which is still bearish. However, price attempts to move up could indicate that buying pressure is starting to strengthen,...
The currency pair has seen positive movement for the second consecutive day, trading near the 1.4170 level during the early Asian session on Tuesday. This upward momentum comes as the US Dollar strengthens following better-than-expected Retail Sales...
GBP/ USD Price Update: What Traders Need to Know The analysis pertains to the GBP/ USD currency pair's price behavior. The quote has been falling for a long time without corrective rollbacks, and on the higher timeframes, it may be time to make a...
