EUR-USD PAIR FORECAST This week starting from Monday the market is being corrected upwards, but has not been able to touch the 100 period simple moving average line, however, for the monthly trend, the price still appears to be running in the...
Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments. The XAU/USD...
The EUR/USD currency pair is one of the most closely watched exchange rates in the foreign exchange (forex) market. This pair represents the value of the euro relative to the US dollar. As of now, the pair is trading around 1.0692, which reflects a...
TRADING UPDATES USD/JPY The USDJPY currency pair shows a strong bullish trend based on the latest technical analysis. One technical indicator that supports this view is the position of the EMA 50 which is above the EMA 100. This condition is...
The AUD/USD currency pair, currently trading at around 0.6685, has been experiencing a bearish trend. This decline suggests a period of weakness for the Australian dollar (AUD) against the US dollar (USD). Several factors could be contributing to...