The EUR/USD chart represents the exchange rate between the Euro (EUR) and the U.S. Dollar (USD), one of the most traded currency pairs in the forex market. It shows how many U.S. dollars are needed to purchase one Euro, with EUR as the base currency...
General Points about USDCAD: Basically, due to the negative Empire State Manufacturing data from the U.S., the value of the U.S. dollar has declined, and sellers have become even stronger. The recent release added pressure on the dollar, reducing...
The EUR/USD pair is currently forming a notable technical setup on the medium to long-term timeframes, specifically a Bullish Butterfly Harmonic Pattern. This is one of the most well-known harmonic patterns and is often used to anticipate...
USDJPY Daily Forecast The USD/JPY pair continues its decline after testing a seven-month low of 142.05 and is hovering around the 143.00 level on the 4-hour chart. The pair is under pressure amid ongoing uncertainty surrounding the US-China trade...
GBP/USD Today, I’m watching GBP/USD closely as it tries to bounce back from last week’s drop. Right now, the pair is hovering around 1.2470, and I’m eyeing the 1.2500 level as a key psychological barrier. The 50-day EMA sits around 1.2535, which I...
