EURUSD Daily Forecast The currency pair is finding it hard to build upward momentum as the Bollinger Bands are narrowing, suggesting a potential bounce is near. Even with recent improvements, the 20day moving average and the significant resistance...
Technical analysis of EURUSD The EUR/USD pair is currently trading at 1.04922, exhibiting a cautious tone as market participants assess key technical levels and broader macroeconomic factors. The pair is navigating between immediate support at...
EUR/JPY Trading Analysis Update Friday, February 21, 2025 The EU PMI data report to be released in the European session is likely to have a significant impact on the outlook for the Euro currency. Yesterday, the dominance of sellers in the EURJPY...
GBP/USD Daily Chart The GBP/USD market is currently in an uptrend, trading at 1.26612 on the daily chart. Today is an important day for the forex market as several essential news events occur in the GBP market. These economic data are expected to...
The Australian employment rate released yesterday showed robust figures, reflecting a strong labor market and enhancing investor trust in the Australian dollar. The unemployment rate held steady at its previous figure, indicating that while job...
