EURUSD Technical Analysis Four-hour chart: If the market price is seen in four hours, then the market is currently in a selling trend. Suppose the 200-day simple moving average and the market price can be seen below it. The market is currently at...
When the EUR/USD tested the 1.0630 level, I initially found the reaction to be quite puzzling. It seemed like the market's bots might have been reacting to the recent data on the unemployment rate, which rose by 0.1%, or perhaps the decrease in the...
Important Points about AUDCHF: Analyze carefully that the Swiss CPI rate did not provide significant support to sellers, and the Australian Dollar also failed to show any notable movement. The AUDCHF market showed strength in favor of buyers,...
Date: 6th December 2024. How Will NFP Impact The Trading Markets? Employment data for last week was released yesterday, showing that initial jobless claims rose by 224,000, surpassing both the forecast of 215,000 and the previous figure of 215,000....
EUR/USD Technical and Fundamental Analysis H4 chart: The market tried to break above the 1.0606 peak but failed, showing strong resistance in this area. The price is currently moving towards the 1.0550 support level. A break below this level could...