ANALYSIS OF EUR/USD PAIR. On the 30-minute timeframe for EUR/USD, the price action illustrates a strong bullish trend, marked by a decisive breakout above key resistance levels and consistent price action above the 50-period moving average. From...
The EUR/USD pair kicked off the new week with strong bullish momentum, surging beyond the 1.1550 mark during Monday’s session. This impressive upward move propelled the pair to its highest level in over three and a half years, underscoring...
EUR/USD Today, I am seeing EUR/USD consolidating just above the 1.0660 mark, with the price action still looking indecisive after last week’s swings. The pair hasn’t committed to a clear direction, and I’m watching closely for any signs of...
GDP reports are a foundational element in fundamental forex analysis. They provide valuable insight into a country's economic health and influence investor expectations, interest rates, and market sentiment — all of which can move currency prices...
The USD/CAD pair remains poised for potential upside amid heightened political uncertainty and shifting macroeconomic dynamics. Former Bank of England Governor Mark Carney’s call for a snap Canadian election on April 28 has added a layer of...
