Date: 03rd October 2024. Dovish ECB Comments Send Euro Downward as Investors Eye US Jobs Data However, as the price is now extremely close to the previous support levels from September 3rd and 11th, Investors should be cautious of buyers...
USD/JPY: Shigeru, Ueda, and ADP report The yen is losing ground again. After nearly a 500-pip rally, the Japanese currency has been falling against re greenback again. On Monday, the USD/JPY pair hit a two-week low, dropping to 141.66, reacting to...
The EUR/USD pair relinquished its earlier gains on Thursday following a broad weakening of the US Dollar (USD) after the televised Trump-Harris presidential debate. Analysts generally agree that Vice President Kamala Harris outperformed during the...
Before embarking on a trading journey in the forex market, it is crucial for traders to thoroughly understand the various tools and techniques available to them. Gaining knowledge from diverse sources is essential, but it is equally important to...
The technical picture you're describing is focused on the behavior of a currency pair or asset, with a particular emphasis on how the price is performing around key levels like 1.3300 and 1.3410. When looking at a 4-hour chart, one of the main...