Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. The market price has risen steadily, and a closed channel has been formed. The market price is currently fluctuating wildly between 1.0446 resistance and 1.0351 support. If...
The Australian Dollar (AUD) weakened against the US Dollar (USD) for the fifth consecutive day, trading near 0.6220 during the Asian session on Friday. This decline coincided with a strengthening US Dollar, driven by expectations of a less...
EUR/USD: Simple Trading Tips for Beginner Traders Dec 26 Overview of yesterday's forex trades Analysis of trades and trading tips for the euro The test of the 1.0405 level occurred at a time when the MACD indicator had already significantly risen...
EUR/USD Technical Analysis: EUR/USD is currently trading around 1.1030, showing a slight bullish bias as it continues to hold above key support levels. From what I’m seeing, 1.1000 and 1.0975 are acting as strong supports, while resistance is...
The US dollar strengthened slightly against the Canadian dollar on Friday, trading near the 1.4410 level during the Asian session. This minor appreciation comes despite a recent rise in crude oil prices, which typically boosts the Canadian dollar...