The Euro (EUR) strengthened against the US Dollar (USD) on Friday, pushing towards the psychologically significant 1.0500 level, fueled by encouraging economic data from the Eurozone. The Hamburg Commerzbank (HCOB) reported that the Eurozone...
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GBP-USD PAIR FORECAST From the market travel pattern this week, at least it is still clearly visible that the GBP-USD market pair is indeed trying to return to a bullish journey again, even if you look at what is currently happening which is still...
On the euro's daily chart, yesterday's price movement leaned bearish, with the candlestick forming within a narrow triangle. Given this setup, I have maintained a neutral stance on the pair while closely monitoring technical indicator data for...
As of Thursday, the AUD/USD currency pair is trading at approximately 0.6220 and is attempting to break above a descending channel on the daily chart. A successful breakout from this channel could weaken the current bearish bias in the market and...
