The British pound (GBP) took a tumble against the US dollar (USD) early on Thursday, after flirting with a three-month high. This decline comes despite ongoing weakness in the dollar. The dollar's woes stem from disappointing US inflation data. The...
GBPUSD D1 The British Pound (GBP) faced headwinds on Friday after a three-day rally, as the US Dollar (USD) strengthened. The GBP/USD pair dropped to around 1.2760 after the US Dollar Index (DXY) rebounded above 105.00. This rise in the USD came...
How to Trade Based on Fundamentals: Introduction Trading based on fundamentals involves analyzing the economic, financial, and other qualitative and quantitative factors that influence the intrinsic value of an asset. Unlike technical analysis,...
We will be exploring the analysis of the EUR/ USD Currency pair's price fluctuations. You have a level of 1.0698, while I have 1.0725, which only applies to Monday. We might update, so there's a chance to break higher as thirty minutes will unfold....
EUR/USD/H4 We open the daily chart for the euro/dollar pair and see that a strong downward price channel was previously broken, within which the major is trading at 1.0743. Moreover, it is worth noting the fact that earlier there was a rebound from...