EUR/USD is projected to test its 2024 top of 1.1201 (August 26), ahead of the 2023 peak of 1.1275 (July 18) and the 1.1300 round level. The pair's next downward objective is the weekly low of 1.0881 (August 8), before the critical 200-day SMA at...
EUR-GBP PAIR FORECAST On the daily time period, bullish candles can be seen forming this evening. This formation is still provisional as the market for Monday has not closed. This week, the 0.8410 region has served as both a weekly open and a daily...
The Australian dollar saw some back-and-forth movement in early trading hours on Monday, with market activity remaining relatively muted. This lack of momentum is understandable, given that it's Labor Day in both Canada and the United States,...
Analysis and Trading Tips for the Japanese Yen The test of the 145.35 level occurred when the MACD indicator had risen significantly from the zero line, which limited the further upward potential of the pair. For this reason, I did not buy the...
Wall Street in limbo ahead of US presidential elections According to Wells Fargo analysts, the US stock market is expected to remain in a lull leading up to the presidential elections in November. However, investors are recommended to stay vigilant...