EUR/USD H1 MARKET ANALYSIS. Good evening to all my friends, this evening I will try to analyze the EUR/USD currency pair. For the EUR/USD currency pair on the H1 time frame, it seems to be in a sideways position with no signs of a major move, and we...
General Points of USDCHF: The market of USDCHF is following a bullish concept right now. Hence, the price is trading at the border of 0.8490. We also can open a buy order just now and one of the reasons the USD has seen such a sharp decline is that...
Analyzing the forex market by daily candlesticks is a popular method among traders for identifying trends, price action, and key levels of support and resistance. A candlestick represents a single day of trading activity, showing four key data...
AUD/USD Analysis Overview of Recent Price Movements On Thursday, the AUD/USD spot price experienced a pullback against the US Dollar (USD), a result of various economic influences. Initially, the currency pair showed strong potential, buoyed by the...
The U.S. dollar remains under significant pressure following the Federal Reserve's decision to lower interest rates by a half point, but this is not the only problem on the Forex market. As anticipated, the Fed's unprecedented 0.50% rate cut has...
