I believe the market will continue its movement into the next year. As I mentioned earlier, it’s unlikely that large players will make significant moves before the end of this year. Most of them are probably on vacation or are winding down for the...
EUR/USDowell arranges sell-off. EUR plunges to 2-year low. Parity on horizon? The EUR/USD pair plunged to 1.0351 with a single-session fall of 1.32%. The instrument recorded its lowest close in two years. This slump was triggered by unexpectedly...
EUR/USD Technical Analysis 1-Hour Timeframe On the 1-hour chart, the EUR/USD market is showing a clear downtrend. The price is moving down continuously and maintaining a sell structure without any significant reversal. Here is a detailed breakdown...
The Australian dollar has started to show a modest recovery, but growth appears to be limited. The 0.6350 level looms as a key resistance point, potentially acting as a ceiling for any further recovery. This technical barrier is in line with the...
USD/CAD Technical and Outlook Overview The USD/CAD market has been trending higher lately. The USD/CAD market reached 1.4465 before facing selling pressure, which led to a pullback. The USD/CAD market price is currently trading around 1.43721 and is...