Technical Analysis of EUR/USD: Key Levels and Strategies Current Market Overview: The EUR/USD market is currently trading around 1.0410 after touching an intraday high of 1.0445. On the hourly chart, the price remains below the 100 simple moving...
I will create the most effective trading plan for the instrument by utilizing the Extended Regression Volume Spread Analysis linear regression indicator in combination with popular technical analysis tools, RSI and MACD. This approach provides a...
The Australian dollar opened the trading session on Monday with a mild attempt at recovery, but quickly gave up its gains and continued to hover near the critical support level of 0.62. This zone has proven to be crucial and a decisive break below...
EUR/USD stays on the back foot and trades slightly below 1.0400 following the earlier recovery attempt. In the absence of high-tier data releases, the negative shift seen in risk mood helps the US Dollar gather strength and forces the pair to...
GBP/USD loses its traction and trades below 1.2550 in the second half of the day on Monday. The US Dollar (USD) benefits from safe-haven flows and weighs on the pair as trading conditions remain thin heading into the Christmas holiday The Relative...
