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...
The price weakened against the Dollar on Friday, reversing the recovery seen the previous day from its recent lows. This decline came after a series of concerning developments for the Yen, including blunt comments from Japanese Prime Minister...
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...
General Point about AUDNZD: It is important to understand that buyers are in a much stronger position in the AUDNZD market. Currently trading at the 1.0961 level, the pair has seen favorable conditions for buyers due to a combination of factors....
The pair has managed to regain some ground against the dollar, following a notable rise above the 1.2800 mark. This recovery, which saw the pair registering gains of over 0.15%, was largely supported by positive economic data from the UK. The data...