The pair exhibited a muted trading pattern on Monday, hovering near the 140.80 mark. While there was a slight downward movement, the currency pair remained within its daily trading range. Market participants were keenly anticipating the speech by...
The currency pair has rebounded significantly from a one-week low of around 1.1130, touched during the Asian session on Monday. This recovery marks an end to a two-day losing streak. However, the path to meaningful appreciation for the Euro remains...
Crude Oil Price Action Trends The current topic of discussion is the Crude Oil price behavior analysis. On the hourly chart, the price remains within the rising channel. Yesterday, just before nearing the top boundary of this channel, the pair...
Drawing a vertical line in Forex trading is a simple but effective way of marking specific points in time on your chart. It helps traders identify key events such as price reaction to news, significant time events (like market open/close) or areas...
In Monday’s North American trading hours, the price saw a significant reversal, giving up most of its intraday gains against the US Dollar (USD). The pair, which had previously climbed, fell back to near the key support level of 1.3001. This shift...