EUR/USD Price Action Alerts We will discuss the current behavior analysis of the price of the EUR/USD currency pair. Based on recent Fibonacci analysis, the market has already moved below the correction zone, confirming a downward exit from the...
The currency pair continued its downward trend for the second consecutive day on Tuesday, trading near the 1.3060 level during the European session. The decline was primarily driven by the strengthening DXY, bolstered by recent US labor market data....
EURUSD Technical Analysis The euro-dollar exchange rate is still moving within the bearish and fall channel's development. The EURUSD pair appears to be on a short-term downward trend, according to the moving averages. Prices broke through the...
The pair tested levels below the key support of 1.0890 during Tuesday's American session, as the pair gained temporary relief from pressure on the DXY. This followed an announcement from China revealing massive stimulus plans aimed at reviving their...
USD/CAD Trend Analysis Update Today, we'll discuss analyzing the USD/CAD currency pair's price movements. A false breakout occurred at 1.3796, signalling that a further decline is likely to follow. The price will likely break above 1.3799 and stay...
