The AUD/CAD pair is currently exhibiting a downward trend, with price movement retreating from the resistance zone between 0.89710 and 0.90472. Given historical market behavior, I acknowledge that price rarely moves in a single direction for an...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello, today I picked EUR/USD for technical analysis and we will analyze the price action of EUR/USD for today. EUR/USD is trading at 1.0301 at the time of writing. According to the indicator’s...
Hello. Yes, gaps down on Mondays do not mean anything good for sellers. Although they cover them, such price gaps indicate the strength of sellers, who can still push through the defense and go further down the older downward trend. Yesterday, just...
EURUSD EURUSD outlook: The EUR/USD pair is under pressure due to the US Dollar's strength and concerns regarding economic data from both regions. The European Central Bank (ECB) and the Federal Reserve continue to drive the direction of the pair....
The EUR/USD currency pair experienced a volatile start to the week, opening lower in the North American session around 1.0280 before recovering slightly to 1.0300. Despite this modest rebound, the pair remains down 0.17% at the time of writing,...