EURUSD Technical Analysis EURUSD is in a strong downtrend on the hourly timeframe, as indicated by price trading well below the 150-period moving average (blue line). The moving average is sharply declining, reinforcing the bearish momentum. The...
Last night there was no report of high-impact US economic data so the price movement of the NZDUSD pair tended to be sideways/ranging. The price movement was not far from the psychological level of 0.5800 even though there had been an upward rally....
Technical failures Risk: EA develops software programs that rely on the efficiency of a commercial center computer or server. Technical issues such as software bugs, hardware failures, internet connectivity problems, and power outages can interrupt...
GBP/USD As of today, GBP/USD is hovering around the 1.3000 level, hitting a four-month high. The pair has been riding a strong bullish wave, largely due to ongoing U.S. dollar weakness. Market sentiment seems to be shifting against the dollar as...
The GBP/USD pair experienced a period of consolidation during Wednesday's European trading session, even after briefly breaching the significant 1.3000 level. This cautious trading activity reflected the market's anticipation of the Federal...
