Technical Analysis of EURUSD The EURUSD pair closed at 1.04592, reflecting a cautious market sentiment amid mixed economic signals. The currency pair is currently trading within a defined range, with immediate resistance at 1.05065 and support at...
TRADING CHART ON EUR JPY H4. The Euro's future could be greatly affected by the upcoming EU PMI report. Yesterday, the Euro weakened against the Yen, causing the EURJPY pair to fall. If the PMI numbers are good, the Euro might go up. But, the...
USD/CAD Experiences Significant Fluctuations The USD/CAD currency pair has recently experienced considerable volatility, primarily due to the United States imposing new tariffs on Canadian imports. Impact of Tariffs On January 31, 2025, the U.S....
I am currently analyzing the US dollar/Swiss franc (USD/CHF) pair on the four-hour chart, and I see that there was an opportunity to enter a sell position at 0.90506. However, I chose not to take the risk at that moment because I anticipated that...
As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...